T. Rowe Price Retirement 2065 I (TRMOX)
| Fund Assets | 1.43B |
| Expense Ratio | 0.46% |
| Min. Investment | $500,000 |
| Turnover | 22.40% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 1.83% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 14.75 |
| YTD Return | 14.31% |
| 1-Year Return | 18.66% |
| 5-Year Return | n/a |
| 52-Week Low | 11.46 |
| 52-Week High | 14.75 |
| Beta (5Y) | n/a |
| Holdings | 22 |
| Inception Date | Nov 13, 2023 |
About TRMOX
T. Rowe Price Retirement 2065 Fund – I Class is a target-date mutual fund designed for investors planning to retire around 2065. Its primary objective is to deliver total return over time with an emphasis on both capital growth and income by allocating across a diversified mix of underlying T. Rowe Price stock and bond funds. The portfolio follows a glide path that maintains a high equity exposure in early years to pursue growth, then gradually reduces equity toward and after the target date; at the target year, the neutral equity allocation is 55%, declining further for about 30 years post‑retirement. Current positioning emphasizes equities across U.S. large-cap, mid-cap, small-cap, and international developed and emerging markets, alongside modest real assets and a small fixed income sleeve, with allocations adjusted tactically within tight bands around the neutral glide path. The fund is actively managed, uses T. Rowe Price underlying strategies for implementation, and is benchmarked to the S&P Target Date 2065+ Index. This institutional share class features an expense ratio disclosed in the prospectus materials and pursues long-term retirement income sustainability rather than a lump-sum outcome at the target date.
Performance
TRMOX had a total return of 18.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.52%.
Top 10 Holdings
87.11% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Value Z | TRZAX | 15.57% |
| T. Rowe Price Growth Stock Z | TRJZX | 14.86% |
| T. Rowe Price US Large-Cap Core Z | TRZLX | 10.31% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 9.36% |
| T. Rowe Price International Value Eq Z | TROZX | 8.78% |
| T. Rowe Price Overseas Stock Z | TRZSX | 8.05% |
| T. Rowe Price International Stock Z | TRNZX | 7.00% |
| T. Rowe Price Real Assets Z | TRZRX | 6.40% |
| T. Rowe Price Mid-Cap Growth Z | TRQZX | 3.56% |
| T. Rowe Price Mid-Cap Value Z | TRTZX | 3.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.2697 | Dec 23, 2024 |
| Dec 21, 2023 | $0.3209 | Dec 22, 2023 |