T. Rowe Price Target 2015 Fund (TRRTX)
Ticker Symbol:
TRRTX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Formerly T. Rowe Price Target Retirement 2015 Fund
Fund Compare
Compare Target 2015 with up to three additional T. Rowe Price Funds
or Browse for Funds by Category
Category:
Applicable Funds:
Selected Funds
 
 
 
Reset Compare
 
This compare function provides pertinent data to help you make your investment decisions. But there are other factors you will want to consider in your decision, such as the length of time you wish to maintain your investment and the amount of risk you are willing to take in pursuit of your goals. This compare function allows you to compare funds based on performance history, risk statistics, etc. Please be aware that funds within the same category may differ in investment strategy, portfolio holdings and risk level. For this reason, you should not make your investment decision based solely on a comparison of funds' past performance.
 
Performance Comparison Chart
06/30/2016  
This chart shows the value of a hypothetical $10,000 investment in the fund over the past 10 years or since its inception (for funds lacking 10-year records).
Fund Performance
06/30/2016  
 
Target 2015
30-Day SEC Yield w/ Waiver
N/A
30-Day SEC Yield w/ Waiver as of date
 
30-Day SEC Standardized Yield w/o Waiver
N/A
30-Day SEC Standardized Yield w/o Waiver as of date
 
7-Day Yield1
N/A
7-Day Yield as of date
 
1 Year Average Annual Return
2.03%
3 Year Average Annual Return
N/A
5 Year Average Annual Return
N/A
10 Year Average Annual Return
N/A
Since Inception Average Annual Return
5.06%
Fees and Expenses
06/30/2016  
 
Target 2015
Load?
No Load
Expense Ratio
See Note
Expense Ratio As of Date
02/01/2016
12b-1 Fee (Annual Sales Service Fee)
0%
Redemption Fee
0%
Redemption Fee on Shares Held
N/A
General Information
06/30/2016  
 
Target 2015
Ticker Symbol
TRRTX
Fund Type
Blended Asset
Inception Date
08/20/2013
Morningstar Fund Category
Target-Date 2015 
Overall Morningstar Rating™*,2
N/A
Asset Allocation, % of Total Net Assets
  06/30/2016  
 
Target 2015
Domestic Stock
26.4%
Cash
1.6%
Convertibles
0.1%
Domestic Bond
47.6%
Foreign Stock
13.7%
Foreign Bond
11.1%
Options
N/A
Preferreds
0.1%
Other
N/A
Net Assets ($M)
$146.98
Turnover Ratio
2.30
Fund Management
06/30/2016  
 
Target 2015
Fund Advisor(s)
T. Rowe Price Associates
Fund Manager
Jerome A. Clark, CFA
/ Wyatt A. Lee, CFA
Fund Manager Tenure
24 Yrs. / 17 Yrs.
Fund Inception Date
08/20/2013
Volatility
06/30/2016  
 
Target 2015
R-Squared
N/A
Beta
N/A
Standard Deviation
N/A
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, yield, and return will vary and you may have a gain or loss when you sell your shares. For up-to-date standardized total returns, please click here.
The performance information shown does not reflect the deduction of redemption fees, if it did, the performance would be lower.
Note about the Target 2015 Fund's expense ratio:
The fund's gross expense ratio as of 02/01/2016 was 0.83%. To protect the interests of shareholders, T. Rowe Price Associates will waive its fees and/or bear any expenses that would cause the fund's expense ratio to exceed 0.61%. This contractual expense limitation expires on 09/30/2018.
*Morningstar Ratings™ are based on risk-adjusted returns. The Overall Morningstar Rating™ is derived from a weighted average of the performance figures associated with a fund's 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics.
Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions. For funds less than one year old, the Since Inception return figure is not annualized and represents an aggregate total return.
1 The yield quotation more closely reflects the current earnings of the money market fund than the total return.
2 For funds with at least a 3-year history, a Morningstar Rating™ is based on a risk-adjusted return measure (including the effects of sales charges, loads, and redemption fees) with emphasis on downward variations and consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% 4 stars, the next 35% 3 stars, the next 22.5% 2 stars, and the bottom 10% 1 star. Each share class is counted as a fraction of one fund within this scale and rated separately.
©2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.