T. Rowe Price Retirement 2035 Fund (TRRJX)
| Fund Assets | 24.06B |
| Expense Ratio | 0.59% |
| Min. Investment | $2,500 |
| Turnover | 15.20% |
| Dividend (ttm) | 1.08 |
| Dividend Yield | 4.44% |
| Dividend Growth | 117.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 24.25 |
| YTD Return | 3.98% |
| 1-Year Return | 16.81% |
| 5-Year Return | 42.92% |
| 52-Week Low | 18.43 |
| 52-Week High | 24.50 |
| Beta (5Y) | n/a |
| Holdings | 31 |
| Inception Date | Feb 27, 2004 |
About TRRJX
T. Rowe Price Retirement 2035 Fund is a target-date mutual fund designed to facilitate retirement planning by adjusting its asset allocation over time. Its primary function is to seek the highest total return consistent with an emphasis on both capital growth and income, aligning its investment strategy with individuals planning to retire around the year 2035. The fund invests in a diversified mix of underlying T. Rowe Price stock and bond funds, representing a range of asset classes, including U.S. and international equities, real assets, core and return-seeking fixed income, and inflation-focused bonds. As the retirement date approaches, the fund gradually reduces its equity exposure while increasing allocations to fixed income and income-generating assets, aiming to manage risk and provide ongoing income during retirement. With a substantial portfolio size and an actively managed approach, the fund plays a significant role for investors seeking a professionally managed solution that adapts automatically to evolving retirement horizons. Its allocation flexibility and broad diversification make it a popular choice within the retirement fund segment, supporting both accumulation and withdrawal phases of retirement.
Performance
TRRJX had a total return of 16.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.26%.
Top 10 Holdings
75.42% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Value Z | TRZAX | 12.16% |
| T. Rowe Price Growth Stock Z | TRJZX | 11.96% |
| T. Rowe Price New Income Z | TRVZX | 9.15% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 7.94% |
| T. Rowe Price International Value Eq Z | TROZX | 7.25% |
| T. Rowe Price US Large-Cap Core Z | TRZLX | 7.23% |
| T. Rowe Price Overseas Stock Z | TRZSX | 6.45% |
| T. Rowe Price International Stock Z | TRNZX | 5.11% |
| T. Rowe Price Real Assets Z | TRZRX | 4.88% |
| T. Rowe Price Intl Bd (USD Hdgd) Z | TRMZX | 3.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $1.0788 | Dec 22, 2025 |
| Dec 20, 2024 | $0.4968 | Dec 23, 2024 |
| Dec 21, 2023 | $0.9019 | Dec 22, 2023 |
| Dec 21, 2022 | $1.6522 | Dec 22, 2022 |
| Dec 21, 2021 | $1.574 | Dec 22, 2021 |
| Dec 22, 2020 | $1.020 | Dec 23, 2020 |