T. Rowe Price Retirement 2040 Fund

 (MUTF:TRRDX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +1.59%
   
1 week
   
-1.06%  
4 week
   
-2.09%  
3 month
   
-2.13%  
YTD   +3.97%
   
1 year   +7.46%
   
3 years*   +16.46%
   
5 years*   +12.03%
   
*annualized
Best 3 month return+30.16%  
Worst 3 month return-34.01%  

Morningstar statistics

Morningstar category: Target Date 2036-2040
  Return Risk Rating
3 years High Above Average
5 years High High
10 years High High
Overall High High
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets15.66B 
Front load-  
Deferred load-  
Expense ratio0.76%  
Management fee-  
Fund familyT. Rowe Price 

Asset allocation

Cash3.34%  
Stocks86.56%  
Bonds9.26%  
Preferred0.28%  
Convertible0.03%  
Other0.52%  

Purchase information

Initial$2,500  
Additional$100  
IRA Initial$1,000  
AIP Initial$2,500  
AIP Additional$100  
24.00-0.82(-3.30%)
Dec 19, 4:00PM EST Overall Morningstar RatingTM

Description

The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2040) included in its name and assumes a retirement age of 65. While the fund is non-diversified, it invests in diversified underlying holdings.
Fund filings (PDF) »
Asset manager:
Jerome Clark (Started: Sep 30, 2002)
Advisor Company:
T. Rowe Price Associates, Inc.
Fund family reports on Morningstar »
Dubai International Financial Centre, PO Box 482023, The Gate, Level 15, Office 24, Baltimore MD 21202, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.46 0.59 -1.30 -1.66
Beta* 1.38 1.45 1.59 1.57
Mean annual return 0.82 1.32 1.09 0.73
R-squared* 93.32 95.39 97.13 96.92
Standard deviation 8.11 9.48 13.61 15.38
Sharpe ratio 1.21 1.66 0.96 0.47
* Against standard index

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