T. Rowe Price Retirement 2050 I (TRJLX)
| Fund Assets | 17.27B |
| Expense Ratio | 0.45% |
| Min. Investment | $500,000 |
| Turnover | 24.60% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 1.89% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 21.38 |
| YTD Return | 13.05% |
| 1-Year Return | 14.94% |
| 5-Year Return | n/a |
| 52-Week Low | 16.91 |
| 52-Week High | 21.40 |
| Beta (5Y) | n/a |
| Holdings | 29 |
| Inception Date | Nov 13, 2023 |
About TRJLX
T. Rowe Price Retirement 2050 Fund I Class is a target-date mutual fund designed for investors planning to retire around 2050. Its primary objective is to deliver high total return over time with an emphasis on both capital growth and income. The strategy is fund‑of‑funds: it actively allocates across T. Rowe Price equity and fixed income funds spanning U.S. large-, mid-, and small-cap, international developed and emerging markets, real assets, and core and diversifying bond strategies. The allocation follows a long-term glide path that is equity‑heavy in early years and gradually shifts toward fixed income as the target date approaches, continuing adjustments through retirement to manage risk and income needs. The I Class features institutional pricing with a published net expense ratio of 0.45% and tracks its progress against the S&P Target Date 2050 Index. As of mid-2025, the fund reports multi‑billion‑dollar assets and low portfolio turnover, reflecting its strategic, rather than tactical, allocation approach and its role as a comprehensive, single‑fund solution for retirement savers seeking broad, professionally managed diversification.
Performance
TRJLX had a total return of 14.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.63%.
Top 10 Holdings
87.36% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Value Z | TRZAX | 15.40% |
| T. Rowe Price Growth Stock Z | TRJZX | 14.47% |
| T. Rowe Price US Large-Cap Core Z | TRZLX | 10.26% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 10.23% |
| T. Rowe Price International Value Eq Z | TROZX | 8.71% |
| T. Rowe Price Overseas Stock Z | TRZSX | 8.34% |
| T. Rowe Price International Stock Z | TRNZX | 6.99% |
| T. Rowe Price Real Assets Z | TRZRX | 6.33% |
| T. Rowe Price Mid-Cap Growth Z | TRQZX | 3.43% |
| T. Rowe Price Mid-Cap Value Z | TRTZX | 3.19% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.4037 | Dec 23, 2024 |
| Dec 21, 2023 | $0.7563 | Dec 22, 2023 |