T. Rowe Price Retirement 2005 Fund (TRRFX)
The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2005) included in its name and assumes a retirement age of 65.
Fund Info
US74149P8124
74149P812
Feb 26, 2004
$2,500
Large-Cap
Blend
Expense Ratio
TRRFX features an expense ratio of 0.49%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Retirement 2005 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T. Rowe Price Retirement 2005 Fund had a return of 7.99% year-to-date (YTD) and 8.65% in the last 12 months. Over the past 10 years, T. Rowe Price Retirement 2005 Fund had an annualized return of 5.07%, while the S&P 500 had an annualized return of 11.01%, indicating that T. Rowe Price Retirement 2005 Fund did not perform as well as the benchmark.
TRRFX
7.99%
-0.64%
2.98%
8.65%
4.75%
5.07%
^GSPC (Benchmark)
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
Monthly Returns
The table below presents the monthly returns of TRRFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.00% | 1.65% | 1.97% | -2.18% | 2.40% | 0.84% | 1.83% | 1.55% | 1.28% | -1.51% | 2.25% | 7.99% | |
| 2023 | 4.29% | -1.88% | 1.82% | 0.81% | -1.07% | 2.42% | 1.75% | -1.38% | -2.53% | -1.52% | 5.19% | 3.83% | 11.97% |
| 2022 | -2.99% | -1.51% | -0.15% | -4.82% | -0.08% | -4.59% | 4.05% | -2.67% | -5.91% | 2.39% | 4.58% | -2.19% | -13.61% |
| 2021 | -0.14% | 1.07% | 0.99% | 2.24% | 0.82% | 0.61% | 0.81% | 1.07% | -1.85% | 2.09% | -1.39% | 1.62% | 8.14% |
| 2020 | 0.29% | -2.33% | -8.49% | 5.86% | 3.00% | 2.02% | 3.00% | 2.27% | -1.39% | -0.70% | 5.54% | 2.48% | 11.24% |
| 2019 | 3.89% | 1.17% | 1.39% | 1.37% | -1.35% | 3.12% | 0.37% | 0.22% | 0.37% | 0.95% | 1.01% | 1.73% | 15.09% |
| 2018 | 1.68% | -1.95% | -0.15% | -0.15% | 0.37% | -0.07% | 1.18% | 0.51% | -0.00% | -3.25% | 0.67% | -2.07% | -3.29% |
| 2017 | 1.40% | 1.53% | 0.45% | 0.98% | 1.12% | 0.15% | 1.25% | 0.58% | 0.58% | 0.79% | 0.71% | 0.65% | 10.67% |
| 2016 | -1.85% | 0.25% | 4.09% | 0.94% | 0.31% | 1.01% | 2.00% | 0.30% | 0.45% | -1.35% | -0.45% | 0.95% | 6.72% |
| 2015 | 0.08% | 2.15% | -0.60% | 1.06% | 0.07% | -1.35% | 0.46% | -2.95% | -1.32% | 3.23% | -0.31% | -1.14% | -0.76% |
| 2014 | -1.08% | 2.58% | 0.23% | 0.68% | 1.59% | 1.12% | -0.96% | 1.56% | -1.83% | 1.12% | 0.74% | -1.02% | 4.73% |
| 2013 | 1.89% | 0.32% | 1.21% | 1.43% | -0.47% | -2.13% | 2.58% | -1.65% | 2.64% | 2.26% | 0.53% | 0.86% | 9.75% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, TRRFX is among the top 20% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price Retirement 2005 Fund (TRRFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
T. Rowe Price Retirement 2005 Fund provided a 2.61% dividend yield over the last twelve months, with an annual payout of $0.33 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.33 | $0.33 | $0.35 | $0.29 | $0.24 | $0.32 | $0.31 | $0.27 | $0.24 | $0.26 | $0.26 | $0.25 |
Dividend yield | 2.61% | 2.82% | 3.24% | 2.11% | 1.71% | 2.34% | 2.51% | 1.98% | 1.87% | 2.09% | 2.00% | 1.93% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Retirement 2005 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2013 | $0.25 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price Retirement 2005 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price Retirement 2005 Fund was 33.29%, occurring on Mar 9, 2009. Recovery took 277 trading sessions.
The current T. Rowe Price Retirement 2005 Fund drawdown is 2.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.29% | Nov 1, 2007 | 338 | Mar 9, 2009 | 277 | Apr 14, 2010 | 615 |
| -18.83% | Nov 17, 2021 | 229 | Oct 14, 2022 | 397 | May 15, 2024 | 626 |
| -18.11% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -10.58% | May 2, 2011 | 108 | Oct 3, 2011 | 85 | Feb 3, 2012 | 193 |
| -7.94% | Apr 27, 2015 | 202 | Feb 11, 2016 | 78 | Jun 3, 2016 | 280 |
Volatility
Volatility Chart
The current T. Rowe Price Retirement 2005 Fund volatility is 1.81%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.