T. Rowe Price Retirement 2050 I (TRJLX)

Fund Assets	17.61B
Expense Ratio	0.44%
Min. Investment	$2,500
Turnover	24.60%
Dividend (ttm)	0.90
Dividend Yield	3.65%
Dividend Growth	124.08%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	24.66
YTD Return	14.01%
1-Year Return	20.19%
5-Year Return	n/a
52-Week Low	20.84
52-Week High	24.93
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.

• Fund Family: T. Rowe Price
• Category: Target-Date 2050
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TRJLX
• Share Class: -i Class
• Index: Russell 3000 TR

Performance

TRJLX had a total return of 20.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.05%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PARFX	-advisor Class	0.87%
RRTFX	-r Class	1.12%

Top 10 Holdings

85.99% of assets

Name	Symbol	Weight
T. Rowe Price Value Z	TRZAX	16.40%
T. Rowe Price Growth Stock Z	TRJZX	14.67%
T. Rowe Price International Value Eq Z	TROZX	9.11%
T. Rowe Price Equity Index 500 Z	TRHZX	8.97%
T. Rowe Price US Large-Cap Core Z	TRZLX	8.65%
T. Rowe Price Overseas Stock Z	TRZSX	8.31%
T. Rowe Price Real Assets Z	TRZRX	6.77%
T. Rowe Price International Stock Z	TRNZX	6.58%
T. Rowe Price Em Mkts Discv Stk Z	TRFZX	3.35%
T. Rowe Price Mid-Cap Value Z	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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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