
T. Rowe Price Retirement Balanced Fund (TRRIX)
TRRIX Price Chart
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TRRIX Fund Profile
Key details and information about T. Rowe Price Retirement Balanced Fund (TRRIX).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
1 Oct 2002
Country
US
Description
This fund invests primarily by allocating its assets across various T. Rowe Price stock and bond funds, creating a broad and diversified portfolio that spans multiple asset classes and market sectors. It is tailored for individuals in retirement who are looking for consistent income and a certain level of stability from their bond holdings, alongside the opportunity for some capital growth from their stock investments. The fund adheres to what T. Rowe Price considers its "neutral" asset allocation for retirees, positioning 40% of its assets in stock funds and 60% in bond funds.
TRRIX Fund Performance
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