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T. Rowe Price Retirement 2040 Fund (TRRDX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
26.08+0.02 (+0.08%)
At close: 08:01PM EST

T. Rowe Price Retirement 2040 Fund

T. Rowe Price Retirement Funds, Inc.

100 East Pratt Street

Baltimore MD 21202

Management Information
Wyatt A. Lee,Lead Manager since July 31, 2015
Wyatt Lee, CFA is a Vice President and Portfolio Manager at T. Rowe Price. Mr. Lee became chairman of the committee in 2011. He joined the Firm in 1999 and his investment experience dates from 1997.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryTarget-Date 2040
Fund FamilyT. Rowe Price
Net Assets12.18B
YTD Return4.63%
Morningstar Rating★★★★★
Inception DateSep 29, 2002

Fund Operations

Last Dividend0.07
Last Cap Gain0.00
Holdings Turnover21.50%
Average for CategoryN/A

Fees & Expenses

ExpenseTRRDXCategory Average
Annual Report Expense Ratio (net)0.85%0.45%
Prospectus Net Expense Ratio0.85%N/A
Prospectus Gross Expense Ratio0.60%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.36%
Max Deferred Sales LoadN/A1.44%
3 Yr Expense Projection192N/A
5 Yr Expense Projection333N/A
10 Yr Expense Projection740N/A