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T. Rowe Price Target 2010 I (TORFX)

10.95
+0.01
+(0.09%)
At close: April 17 at 8:02:17 PM EDT

Fund Summary

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 2010) included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.

T. Rowe Price Target 2010 I

Baltimore MD 21202
100 East Pratt Street

Fund Overview

Category Target-Date 2000-2010
Fund Family T. Rowe Price
Net Assets 66.54M
YTD Return 1.64%
Yield 3.94%
Morningstar Rating
Inception Date Feb 26, 2016

Fund Operations

Last Dividend 0.44
Last Cap Gain 0.00
Holdings Turnover 31.50%
Average for Category --

Fees & Expenses

Expense TORFX Category Average
Annual Report Expense Ratio (net) 0.30% 0.41%
Prospectus Net Expense Ratio 0.30% --
Prospectus Gross Expense Ratio 0.30% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 4.90%
Max Deferred Sales Load -- 1.00%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Andrew G. Jacobs van Merlen, Lead Manager since January 01, 2020
Andrew Jacobs van Merlen is a Vice President of T. Rowe Price Group. Mr. Jacobs van Merlen earned a BS in finance from the University of Maryland and an MBA in sustainable business from the University of Cambridge. He also has earned the Chartered Financial Analyst designation.

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.

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