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T. Rowe Price Retirement 2055 Fund (TRRNX)

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20.84 +0.09    +0.43%
22/11 - Closed. Currency in USD
Type:  Fund
Market:  United States
Issuer:  T. Rowe Price
Asset Class:  Bond
  • Morningstar Rating:
  • Total Assets: 3.37B
T. Rowe Price Retirement 2055 20.84 +0.09 +0.43%

T. Rowe Price Retirement 2055 Fund Overview

 
On this page you'll find an in-depth profile of T. Rowe Price Retirement 2055 Fund. Learn about the key management, total assets, investment strategy and contact information of TRRNX among other information.
Category

Target-Date 2055

Total Assets

3.37B

Expenses

0.64%

Inception Date

39080

Investment Strategy

The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2055) included in its name and assumes a retirement age of 65.

Contact Information

Address The Gate, Level 15, Office 24
Dubai,Dubai XXXXXX
United Arab Emirates
Phone 97 14 401 9266

Top Executives

Name Title Since Until
Andrew G. Jacobs van Merlen Portfolio Manager 2020 Now
Biography 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.
Kimberly E. DeDominicis Vice President 2019 Now
Biography Ms. DeDominicis originally joined T. Rowe Price in 1998 and returned to the Firm in 2003. Her investment experience dates from 1999. Ms. DeDominicis has served as an associate portfolio manager for the target date strategies during the past five years.
Wyatt A. Lee Vice President 2015 Now
Biography Wyatt Lee, CFA is a Vice President and Portfolio Manager at T. Rowe Price. Mr. Lee became chairman of the committee in 2011. He joined the Firm in 1999 and his investment experience dates from 1997.
Jerome A. Clark Chairman 2006 2021
Biography Jerome Clark is a Vice President of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc., and a Portfolio Manager in the Fixed Income Group. Prior to joining the firm in 1992, Jerome was a Captain in the United States Marine Corps and spent three years as a Mathematics Instructor at the U.S. Naval Academy. Jerome earned a B.S. in Mathematics from the U.S. Naval Academy, an M.S. in Operations Research from the Naval Postgraduate School, and an M.B.A. in Finance from Johns Hopkins University. He has also achieved the Chartered Financial Analyst accreditation.
Edmund M. Notzon Chairman 2008 2011
Biography Edmund M. Notzon III is Chairman of the fund`s Investment Advisory Committee. Mr. Notzon has been chairman of the committee since 2005 and has been a member of the Portfolio's committee since May 2003, and is managing director with T. Rowe Price Associates, his employer since 1989. Notzon holds the Chartered Financial Analyst designation.
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