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T. Rowe Price Retirement 2040 TRRDX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
34.34  /  0.58 %
Total Assets
16.2 Bil
Adj. Expense Ratio
0.600%
Expense Ratio
0.600%
Fee Level
Average
Longest Manager Tenure
6.00 years
Category
Target-Date 2040
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Status
Open
TTM Yield
0.70%
Turnover
22%

USD | NAV as of Jul 30, 2021 | 1-Day Return as of Jul 30, 2021, 9:56 PM GMT+00:00

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Morningstar’s Analysis

Will TRRDX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TRRDX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the TRRDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

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The Parent Pillar is our rating of TRRDX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A prime choice for retirement savers.

Analyst

Summary

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The topnotch management team on the T. Rowe Price Retirement target-date series has capably begun the transition to its new equity glide path, the result of an exhaustive research effort that demonstrated the firm’s vast capabilities. Confidence in the team’s execution drives a Morningstar Analyst Rating upgrade to Gold for the series’ two cheapest share classes, while the two more expensive are rated Bronze.

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