RRTIX – T. Rowe Price Retirement Balanced R Investment Strategy | Morningstar

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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 equity and fixed income mutual funds that represent various asset classes and sectors. It is intended for retired investors who seek income and relative stability from bonds along with some capital appreciation potential from stocks. The fund's "neutral allocations," which are what T. Rowe Price considers broadly appropriate for investors during their retirement years, are 40% equity funds and 60% fixed income funds.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TRRIX	T. Rowe Price Retirement Balanced Fund	No Load	Open			Sep 30, 2002	$880.18M	0.490%	Below Average	$2,500	−$123.06M
PARIX	T. Rowe Price Retirement Balanced Fund Advisor Class	No Load	Open			Oct 31, 2003	$72.69M	0.740%	Average	$2,500	−$3.35M
TRJWX	T. Rowe Price Retirement Balanced Fund Class I	Institutional	—			Nov 13, 2023	$1.06B	0.340%	Low	$500,000	−$76.05M
RRTIX	T. Rowe Price Retirement Balanced Fund Class R	Retirement, Medium	Open			Oct 31, 2003	$115.37M	0.990%	Below Average	$2,500	−$9.35M

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