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T. Rowe Price Retirement Balanced TRRIX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
16.81  /  0.17 %
Total Assets
2.3 Bil
Adj. Expense Ratio
0.490%
Expense Ratio
0.490%
Fee Level
Below Average
Longest Manager Tenure
6.00 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Low / Moderate
Status
Open
TTM Yield
0.98%
Turnover
35%

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 TRRIX 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 TRRIX’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 TRRIX 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 TRRIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

T. Rowe Price’s New Entity Brings Opportunities and Trade-Offs

Analyst

Analyst Note

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T. Rowe Price Group TROW announced on Nov. 19 that it plans to split its investment-research organization in two with the launch of T. Rowe Price Investment Management in 2022’s second quarter. Six existing strategies and supporting analytical resources will move to the new entity, and this cohort will remain entirely separate from the legacy T. Rowe Price Associates; the two teams will not share research or investment resources once divided.

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