T. Rowe Price Retirement 2050 Fund I Class (TRJLX)
| Fund Assets | 17.61B |
| Expense Ratio | 0.44% |
| Min. Investment | $2,500 |
| Turnover | 24.60% |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 3.76% |
| Dividend Growth | 124.08% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 23.79 |
| YTD Return | 11.28% |
| 1-Year Return | 25.59% |
| 5-Year Return | n/a |
| 52-Week Low | 19.90 |
| 52-Week High | 24.18 |
| Beta (5Y) | n/a |
| Holdings | 30 |
| 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 25.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.49%.
Top 10 Holdings
85.99% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Value Fund Z Class | TRZAX | 16.40% |
| T. Rowe Price Growth Stock Fund Z Class | TRJZX | 14.67% |
| T. Rowe Price International Value Equity Fund Z Class | TROZX | 9.11% |
| T. Rowe Price Equity Index 500 Fund Z Class | TRHZX | 8.97% |
| T. Rowe Price U.S. Large-Cap Core Fund Z Class | TRZLX | 8.65% |
| T. Rowe Price Overseas Stock Fund Z Class | TRZSX | 8.31% |
| T. Rowe Price Real Assets Fund Z Class | TRZRX | 6.77% |
| T. Rowe Price International Stock Fund Z Class | TRNZX | 6.58% |
| T. Rowe Price Emerging Markets Discovery Stock Fund Z Class | TRFZX | 3.35% |
| T. Rowe Price Mid-Cap Value Fund Z Class | TRTZX | 3.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.9046 | Dec 22, 2025 |
| Dec 20, 2024 | $0.4037 | Dec 23, 2024 |
| Dec 21, 2023 | $0.7563 | Dec 22, 2023 |