T. Rowe Price Retirement 2040 Fund Class R (RRTDX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Baltimore, MD, United States.
RRTDX has IPO date of 2003-10-30, listed on the NASDAQ, a market capitalization of $25.82B.
T. Rowe Price Retirement 2040 Fund Class R is a target-date mutual fund that invests in a diversified portfolio of other T. Rowe Price stock and bond funds across various asset classes and sectors. The fund is specifically designed for investors planning to retire around 2040, assuming a retirement age of 65. Its asset allocation automatically adjusts over time as the target retirement date approaches, gradually shifting from growth-oriented investments toward more conservative holdings. By consolidating multiple T. Rowe Price funds into a single investment vehicle, the fund provides a simplified, professionally managed retirement savings solution for long-term investors.
