T. Rowe Price Retirement 2020 Fund (TRRBX)

Fund Assets	13.25B
Expense Ratio	0.52%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	1.20
Dividend Yield	5.72%
Dividend Growth	50.41%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	20.96
YTD Return	6.18%
1-Year Return	9.17%
5-Year Return	23.03%
52-Week Low	19.26
52-Week High	20.96
Beta (5Y)	n/a
Holdings	32
Inception Date	Sep 30, 2002

About TRRBX

The T. Rowe Price Retirement 2020 Fund (TRRBX) seeks to provide the highest total return over time consistent with an emphasis on both capital growth and income.

• Fund Family: Price Funds
• Category: Target-Date 2020
• Stock Exchange: NASDAQ
• Ticker Symbol: TRRBX
• Index: S&P Target Date 2020 TR

Performance

TRRBX had a total return of 9.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.71%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRDBX	-i Class	0.37%
PARBX	-advisor Class	0.77%
RRTBX	-r Class	1.02%

Top 10 Holdings

70.29% of assets

Name	Symbol	Weight
T. Rowe Price New Income Fund Z Class	TRVZX	15.70%
T. Rowe Price Limited Duration Inflation Focused Bond Fund Z Class	TRPZX	13.24%
T. Rowe Price Value Fund Z Class	TRZAX	7.76%
T. Rowe Price Growth Stock Fund Z Class	TRJZX	7.03%
T. Rowe Price International Bond Fund (USD Hedged) Z Class	TRMZX	5.82%
T. Rowe Price Hedged Equity Fund-Z Class	PZHEX	5.02%
T. Rowe Price Equity Index 500 Fund Z Class	TRHZX	4.10%
T. Rowe Price U.S. Large-Cap Core Fund Z Class	TRZLX	4.05%
T. Rowe Price International Value Equity Fund Z Class	TROZX	3.91%
T. Rowe Price Overseas Stock Fund Z Class	TRZSX	3.67%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$1.1991	Dec 22, 2025
Dec 20, 2024	$0.7972	Dec 23, 2024
Dec 21, 2023	$1.2062	Dec 22, 2023
Dec 21, 2022	$2.2322	Dec 22, 2022
Dec 21, 2021	$2.884	Dec 22, 2021
Dec 22, 2020	$2.230	Dec 23, 2020