T. Rowe Price Retirement 2005 Fund (TRRFX)

Fund Assets	1.12B
Expense Ratio	0.486%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.43
Dividend Yield	3.22%
Dividend Growth	18.42%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	13.18
YTD Return	4.91%
1-Year Return	0.99%
5-Year Return	16.58%
52-Week Low	12.41
52-Week High	13.47
Beta (5Y)	0.52
Holdings	27
Inception Date	Feb 27, 2004

About TRRFX

TRRFX was founded on 2004-02-27. The Fund's investment strategy focuses on Flexible Portfolio with 0.07% total expense ratio. The minimum amount to invest in T Rowe Price Retirement Funds, Inc: T Rowe Price Retirement 2005 Fund is $2,500 on a standard taxable account. T Rowe Price Retirement Funds, Inc: T Rowe Price Retirement 2005 Fund seeks the highest total return over time consistent with an emphasis on both capital growth and income.

• Fund Family: Price Funds
• Category: Target-Date 2000-2010
• Stock Exchange: Nasdaq
• Ticker Symbol: TRRFX
• Index: S&P Target Date Retirement Income TR

Performance

TRRFX had a total return of 0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.37%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRAJX	-i Class	0.34%
PARGX	-advisor Class	0.74%
RRTLX	-r Class	0.99%

Top 10 Holdings

74.33% of assets

Name	Symbol	Weight
T. Rowe Price Ltd Dur Infl Focus Bd Z	TRPZX	19.10%
T. Rowe Price New Income Z	TRVZX	17.32%
T. Rowe Price Value Z	TRZAX	6.57%
T. Rowe Price Intl Bd (USD Hdgd) Z	TRMZX	6.55%
T. Rowe Price Growth Stock Z	TRJZX	6.26%
T. Rowe Price Hedged Equity Z	PZHEX	4.00%
T. Rowe Price Dynamic Global Bond Z	TRDZX	3.94%
T. Rowe Price Emerging Markets Bond Z	TREZX	3.78%
T. Rowe Price US Large-Cap Core Z	TRZLX	3.60%
T. Rowe Price Equity Index 500 Z	TRHZX	3.19%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.705	Dec 22, 2025
Dec 20, 2024	$0.4637	Dec 23, 2024
Dec 21, 2023	$0.4879	Dec 22, 2023
Dec 21, 2022	$1.1178	Dec 22, 2022
Dec 21, 2021	$1.444	Dec 22, 2021
Dec 22, 2020	$1.200	Dec 23, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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