T. Rowe Price Retirement 2050 Fund (TRRMX)

Fund Assets	17.61B
Expense Ratio	0.62%
Min. Investment	$2,500
Turnover	24.60%
Dividend (ttm)	0.86
Dividend Yield	3.47%
Dividend Growth	141.07%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	24.64
YTD Return	14.37%
1-Year Return	16.53%
5-Year Return	47.66%
52-Week Low	20.84
52-Week High	24.91
Beta (5Y)	0.88
Holdings	30
Inception Date	Dec 29, 2006

About TRRMX

T. Rowe Price Retirement 2050 Fund is an actively managed target-date mutual fund designed to seek the highest total return over time with an emphasis on both capital growth and income. It invests primarily in a diversified mix of underlying T. Rowe Price stock and bond funds spanning U.S. large-, mid-, and small-cap equities, international developed and emerging markets, real assets, and a range of core and diversifying fixed income strategies. The fund follows a long-dated glide path aligned with an investor retiring around 2050, maintaining a high equity allocation in early years to promote accumulation, then gradually increasing fixed income exposure as retirement approaches and continuing adjustments through the post‑retirement years. The portfolio’s asset mix can be tactically tilted by the manager around neutral allocations, and it may include derivatives within underlying strategies. With a long track record since 2006 and significant assets, the fund serves as a one‑stop, age‑based allocation vehicle within the target‑date category, benchmarking against the S&P Target Date 2050 Index and emphasizing broad diversification across asset classes and sectors.

• Fund Family: T. Rowe Price
• Category: Target-Date 2050
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TRRMX
• Index: S&P Target Date 2050 TR

Performance

TRRMX had a total return of 16.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.23%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRJLX	-i Class	0.44%
PARFX	-advisor Class	0.87%
RRTFX	-r Class	1.12%

Top 10 Holdings

84.70% of assets

Name	Symbol	Weight
T. Rowe Price Value Z	TRZAX	16.41%
T. Rowe Price Growth Stock Z	TRJZX	16.37%
T. Rowe Price US Large-Cap Core Z	TRZLX	8.98%
T. Rowe Price Equity Index 500 Z	TRHZX	8.76%
T. Rowe Price International Value Eq Z	TROZX	7.98%
T. Rowe Price Overseas Stock Z	TRZSX	7.51%
T. Rowe Price International Stock Z	TRNZX	6.59%
T. Rowe Price Real Assets Z	TRZRX	5.54%
T. Rowe Price Em Mkts Discv Stk Z	TRFZX	3.30%
T. Rowe Price Mid-Cap Value Z	TRTZX	3.27%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.8582	Dec 22, 2025
Dec 20, 2024	$0.356	Dec 23, 2024
Dec 21, 2023	$0.7521	Dec 22, 2023
Dec 21, 2022	$1.1415	Dec 22, 2022
Dec 21, 2021	$1.347	Dec 22, 2021
Dec 22, 2020	$0.770	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:

Aug 26, 2026

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