About TRJWX
T. Rowe Price Retirement Balanced Fund I Class is an actively managed mutual fund designed to help investors transition into and through retirement by balancing growth and income objectives. The fund primarily invests in a diversified portfolio of underlying T. Rowe Price stock and bond funds, targeting an allocation of approximately 40% equities and 60% fixed income. Equity holdings span U.S. and international markets and include a mix of value, growth, large-cap, mid-cap, and emerging market sectors, while the bond allocation incorporates core fixed income, global bonds, inflation-focused, and high-yield segments. The strategy aims to provide steady income and modest capital appreciation to support long-term withdrawal needs typical for retirees. Notably, the fund leverages a low-cost structure compared to category peers, with an expense ratio of 0.34%. Its diversified approach and focus on risk moderation position it as a cornerstone holding for individuals seeking stability and income supplementation in retirement years, reflecting the aggregate expertise and broad reach of T. Rowe Price’s underlying funds.
Fund Family T. Rowe Price
Category Mixed-Asset Targ Today
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol TRJWX
Share Class -i Class
Index S&P Target Date Retirement Income TR
TRJWX had a total return of 11.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 18.50%.
