T. Rowe Price Retirement 2060 R (TRRZX)

Fund Assets	6.47B
Expense Ratio	1.14%
Min. Investment	$2,500
Turnover	23.60%
Dividend (ttm)	0.17
Dividend Yield	0.81%
Dividend Growth	10.40%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	20.80
YTD Return	11.83%
1-Year Return	16.01%
5-Year Return	48.19%
52-Week Low	17.88
52-Week High	21.38
Beta (5Y)	0.91
Holdings	29
Inception Date	Jun 23, 2014

About TRRZX

T. Rowe Price Retirement 2060 Fund – R Class is a target-date mutual fund designed for investors expecting to retire around 2060. It pursues total return over time with an emphasis on both capital growth and income by allocating across a diversified mix of underlying T. Rowe Price stock and bond funds. The fund follows an actively managed glide path that begins with a very high equity allocation—approximately 98% decades before retirement—and gradually shifts toward fixed income, reaching about 55% equity at the retirement date to balance growth and longevity risk. Its benchmark is the S&P Target Date 2060 Index, and it employs broad global equity exposure alongside core and diversifying fixed income as the glide path progresses. As of June 30, 2025, reported characteristics include multi-year performance data, an expense ratio cited in the prospectus, and portfolio turnover indicative of a strategic, not tactical, allocation approach. Positioned within the target-date category, the fund serves as a single, age-based portfolio intended to simplify long-term retirement investing through automatic rebalancing and risk reduction as the target year approaches.

• Fund Family: T. Rowe Price
• Category: Target-Date 2060+
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TRRZX
• Share Class: -r Class
• Index: S&P Target Date 2060 TR USD

Performance

TRRZX had a total return of 16.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.23%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRLNX	-i Class	0.46%
TRRYX	-advisor Class	0.89%

Top 10 Holdings

86.27% of assets

Name	Symbol	Weight
T. Rowe Price Value Z	TRZAX	17.35%
T. Rowe Price Growth Stock Z	TRJZX	16.51%
T. Rowe Price US Large-Cap Core Z	TRZLX	9.35%
T. Rowe Price Equity Index 500 Z	TRHZX	8.65%
T. Rowe Price International Value Eq Z	TROZX	8.25%
T. Rowe Price Overseas Stock Z	TRZSX	7.57%
T. Rowe Price International Stock Z	TRNZX	6.44%
T. Rowe Price Real Assets Z	TRZRX	5.78%
T. Rowe Price Em Mkts Discv Stk Z	TRFZX	3.23%
T. Rowe Price Mid-Cap Value Z	TRTZX	3.12%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.6616	Dec 22, 2025
Dec 20, 2024	$0.2193	Dec 23, 2024
Dec 21, 2023	$0.4293	Dec 22, 2023
Dec 21, 2022	$0.6656	Dec 22, 2022
Dec 21, 2021	$0.631	Dec 22, 2021
Dec 22, 2020	$0.310	Dec 23, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 22, 2026

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