About TRPPX
T. Rowe Price Target 2055 Fund I Class is a target-date mutual fund designed to deliver long‑term total return with emphasis on both capital growth and income. It invests primarily in a diversified mix of underlying T. Rowe Price stock and bond funds, adjusting its asset allocation along a predefined glide path as 2055 approaches and through retirement thereafter. The strategy maintains a higher allocation to equities in earlier years to support asset accumulation, then gradually reduces equity exposure to moderate volatility and support income needs in later years, with a neutral stock allocation of 42.5% at the target date and continued de‑risking for about three decades after. The portfolio spans U.S. large‑cap, mid‑cap, small‑cap, international developed and emerging markets, real assets, and a range of fixed income exposures, reflecting broad, multi‑asset diversification. The fund is actively managed, with periodic rebalancing and the ability to make modest tactical tilts around neutral allocations to reflect market views while staying within defined ranges. Its objective and structure position it as a comprehensive, age‑based solution within the target‑date category.
Fund Family T. Rowe Price
Category Target-Date 2055
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol TRPPX
Share Class -i Class
Index S&P Target Date 2055 TR
TRPPX had a total return of 15.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.73%.
