About TRRUX
T. Rowe Price Target 2020 Fund is a target-date mutual fund designed to provide investors with a balanced approach to capital growth and income as they approach and enter retirement. Its primary function is to deliver the highest total return over time, with the asset allocation gradually shifting from growth-oriented investments toward a more conservative mix as the 2020 retirement target year approaches. The fund achieves its objectives by investing in a diversified portfolio of other T. Rowe Price stock and bond funds, encompassing a wide array of asset classes and sectors, including U.S. and international equities as well as a variety of fixed income securities.
The fund’s asset allocation, known as a glide path, is adjusted over time: equity exposure is reduced nearing and after the target date, helping to manage risk and support income needs in retirement. According to its most recent composition, the fund maintains allocations in core fixed income, inflation-focused bonds, U.S. and international equities, and real asset equities, reflecting its focus on both capital preservation and income generation as retirees begin to withdraw assets. T. Rowe Price Target 2020 Fund plays a significant role in retirement planning, offering a managed solution for individuals seeking a diversified, professionally managed portfolio that adapts as their investment timeline shortens.
Fund Family T. Rowe Price
Category Target-Date 2020
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol TRRUX
Index S&P Target Date 2020 TR
TRRUX had a total return of 9.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.05%.
