T. Rowe Price Retirement 2015 I (TRUBX)

Fund Assets	5.31B
Expense Ratio	0.337%
Min. Investment	$500,000
Turnover	14.80%
Dividend (ttm)	0.43
Dividend Yield	3.06%
Dividend Growth	10.85%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	14.11
YTD Return	5.49%
1-Year Return	7.46%
5-Year Return	n/a
52-Week Low	13.07
52-Week High	14.35
Beta (5Y)	n/a
Holdings	34
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.

• Fund Family: T. Rowe Price
• Category: Target-Date 2015
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: TRUBX
• Share Class: -i Class
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

TRUBX had a total return of 7.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.61%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FFYPX	Fidelity	Fidelity Freedom Index 2015 Premier	0.05%
FIWFX	Fidelity	Fidelity Freedom Index 2015 Fund Institutional Premium Class	0.08%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PARHX	-advisor Class	0.74%
RRTMX	-r Class	0.99%

Top 10 Holdings

70.88% of assets

Name	Symbol	Weight
T. Rowe Price New Income Z	TRVZX	15.33%
T. Rowe Price Ltd Dur Infl Focus Bd Z	TRPZX	14.72%
T. Rowe Price Growth Stock Z	TRJZX	7.53%
T. Rowe Price Value Z	TRZAX	7.33%
T. Rowe Price Intl Bd (USD Hdgd) Z	TRMZX	5.91%
T. Rowe Price Hedged Equity Z	PZHEX	4.74%
T. Rowe Price Equity Index 500 Z	TRHZX	4.13%
T. Rowe Price US Large-Cap Core Z	TRZLX	4.01%
T. Rowe Price International Value Eq Z	TROZX	3.58%
T. Rowe Price Dynamic Global Bond Z	TRDZX	3.58%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.787	Dec 22, 2025
Dec 20, 2024	$0.5406	Dec 23, 2024
Dec 21, 2023	$0.6655	Dec 22, 2023

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:

Oct 15, 2026

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