T. Rowe Price Target 2025 Fund (TRRVX)
Ticker Symbol:
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Formerly T. Rowe Price Target Retirement 2025 Fund
Fund Performance
Quick Stats
Current NAV as of 05/27/2016 $11.01
NAV Change $0.01
Net Assets as of 04/30/2016 $145.86 Million
Daily YTD Return as of 05/27/2016 2.80%
Three Month Return as of 04/30/2016 5.89%
Expense Ratio as of 02/01/2016 See Note
Historical Prices
Select Range: 1Yr | 3 Yrs | 5 Yrs | 10 Yrs Since Inception
Monthly High   $11.05   04/19/2016
Monthly Low   $10.77   04/05/2016
Month End   $10.96   04/30/2016
YTD High   $11.05   04/19/2016
YTD Low   $9.99   02/11/2016
2015 Year High $11.63 05/21/2015
2015 Year Low $10.61 12/18/2015
2014 Year High $11.45 11/26/2014
2014 Year Low $10.44 02/03/2014
2013 Year High $10.75 12/31/2013
2013 Year Low $9.92 08/27/2013
Average Annual Total Returns and Benchmarks
as of 03/31/2016
Distribution Schedule
Dividends Annual
Capital Gains Annual
Distribution History

Per Share Amount

Reinvestment Price
12-23-2013 $0.07 $10.64
12-22-2014 $0.14 $11.10
12-21-2015 $0.17 $10.61
Distribution amounts are rounded to the nearest cent. Shareholders should refer to their statements for exact distribution amounts.
Capital Gains

Per Share
Per Share

12-23-2013 $0.02 $0.00 $10.64
12-22-2014 $0.03 $0.04 $11.10
12-21-2015 $0.005 $0.17 $10.61
Performance Comparison
as of 04/30/2016
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). The result is compared with benchmarks, which may include a broad-based market index and a peer group average or index. Market indexes do not include expenses, which are deducted from fund returns as well as mutual fund averages and indexes.
Retirement Funds Combined Index Portfolios are blended index portfolios used to evaluate the performance of the Retirement Funds. The composition of each fund's benchmark adjusts on a quarterly basis to reflect the fund's strategic neutral target allocation for each asset class, which is predetermined and changes over time. The Retirement Balanced Fund's combined index portfolio does not change. The most recent mix of underlying indexes can be found in the Performance section of each fund's quarterly commentary, available by accessing the Management/Commentary tab above.
Average Annual Total Returns1
  Month End
Quarter End
1 Year -1.51% -1.21%
3 Years N/A N/A
5 Years N/A N/A
10 Years N/A N/A
Since Inception 5.76% 5.57%
Inception Date August 20, 2013
Note about the fund's expense ratio:
The fund's gross expense ratio as of 02/01/2016 was 0.98%. 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 0.67%. This contractual expense limitation expires on 09/30/2018.
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when you sell your shares.
Calendar Year Total Returns
2014 5.02%
2015 -0.20%
Share Splits
as of 04/30/2016
Split Type N/A
Effective Date N/A
Pre-Split NAV N/A
Post-Split NAV N/A
1 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.
See Glossary for additional details on all data elements.