T. Rowe Price Retirement 2015 I (TRUBX)
| Fund Assets | 5.31B |
| Expense Ratio | 0.35% |
| Min. Investment | $500,000 |
| Turnover | 14.80% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 3.88% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 13.98 |
| YTD Return | 10.75% |
| 1-Year Return | 14.33% |
| 5-Year Return | n/a |
| 52-Week Low | 12.00 |
| 52-Week High | 14.05 |
| Beta (5Y) | n/a |
| Holdings | 32 |
| Inception Date | Nov 13, 2023 |
About TRUBX
T. Rowe Price Retirement 2015 Fund - I Class is a target-date mutual fund designed for individuals approaching or in retirement around the year 2015. As an institutional-class fund, it primarily serves retirement plans and qualified investors seeking an efficient, professionally managed vehicle to balance growth and income needs during the transition into retirement. The fund’s strategy involves diversified investments across a portfolio of other T. Rowe Price stock and bond funds, providing exposure to a wide range of asset classes and sectors. Its allocations gradually shift over time—known as a "glide path"—moving from an emphasis on capital appreciation in earlier years to a greater focus on income generation and capital preservation as retirement progresses. Currently, the fund invests roughly equally in equities and fixed income assets, reflecting a post-retirement allocation aimed at supporting sustainable withdrawals while managing risk. Notable features include active portfolio management, an expense ratio of 0.35%, and a substantial allocation to core bond and large-cap equity funds. The fund plays a significant role in the retirement solutions market, catering to investors seeking broad diversification, automatic rebalancing, and a disciplined approach to supporting income needs throughout retirement.
Performance
TRUBX had a total return of 14.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.16%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
69.84% of assets| Name | Symbol | Weight |
|---|---|---|
| T ROWE PRICE NEW INCOME FUND INC | n/a | 14.73% |
| T. Rowe Price Ltd Dur Infl Focus Bd Z | TRPZX | 14.04% |
| T. Rowe Price Value Z | TRZAX | 6.81% |
| T. Rowe Price Growth Stock Z | TRJZX | 6.61% |
| T. Rowe Price Intl Bd (USD Hdgd) Z | TRMZX | 5.60% |
| T. Rowe Price Hedged Equity Z | PZHEX | 4.87% |
| T. Rowe Price US Large-Cap Core Z | TRZLX | 4.85% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 4.66% |
| T. Rowe Price International Value Eq Z | TROZX | 4.11% |
| T. Rowe Price Overseas Stock Z | TRZSX | 3.55% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.5406 | Dec 23, 2024 |
| Dec 21, 2023 | $0.6655 | Dec 22, 2023 |