T Rowe Price Retirement Blend 2065 Fund (TRBPX)
14.79
+0.06
(+0.41%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.44% | 351.38M | -- | 10.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 141.71M | 22.17% |
Basic Info
| Investment Strategy | |
| The Fund 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 funds that represent various asset classes and sectors. Allocation changes over time in relation to its target retirement date. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2060+ |
| Peer Group | Mixed-Asset Target 2060+ Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
17
-11.96M
Peer Group Low
171.38M
Peer Group High
1 Year
% Rank:
22
141.71M
-15.16M
Peer Group Low
2.626B
Peer Group High
3 Months
% Rank:
13
-20.08M
Peer Group Low
501.85M
Peer Group High
3 Years
% Rank:
27
572676.0
Peer Group Low
6.745B
Peer Group High
6 Months
% Rank:
20
-22.86M
Peer Group Low
1.371B
Peer Group High
5 Years
% Rank:
34
1.428M
Peer Group Low
8.874B
Peer Group High
YTD
% Rank:
16
-31.34M
Peer Group Low
1.707B
Peer Group High
10 Years
% Rank:
--
--
Peer Group Low
--
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 1.08% |
| Stock | 94.99% |
| Bond | 2.24% |
| Convertible | 0.00% |
| Preferred | 0.16% |
| Other | 1.53% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| T Rowe Price Equity Index 500 Fund Z | 28.75% | 199.51 | 0.32% |
| T Rowe Price International Equity Index Fd Z | 13.75% | 23.00 | 0.66% |
| T Rowe Price Value Fund Z | 11.78% | 58.62 | -0.20% |
| T Rowe Price Growth Stock Fund Z | 11.71% | 113.09 | 0.83% |
| T Rowe Price Real Assets Fund Z | 5.63% | 21.39 | 0.52% |
| T Rowe Price International Value Equity Fd Z | 4.84% | 27.96 | 0.50% |
| T Rowe Price International Stock Fund Z | 3.37% | 24.01 | 1.09% |
| T Rowe Price Emerging Markets Discv Stock Fund Z | 3.29% | 22.13 | 1.19% |
| T Rowe Price Emerging Markets Stock Fund Z | 3.19% | 56.16 | 1.48% |
| T Rowe Price Mid-Cap Index Fund Z | 3.09% | 25.39 | 0.24% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.44% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund 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 funds that represent various asset classes and sectors. Allocation changes over time in relation to its target retirement date. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2060+ |
| Peer Group | Mixed-Asset Target 2060+ Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 1.40% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 21 |
| Stock | |
| Weighted Average PE Ratio | 28.38 |
| Weighted Average Price to Sales Ratio | 6.511 |
| Weighted Average Price to Book Ratio | 7.869 |
| Weighted Median ROE | 51.74% |
| Weighted Median ROA | 12.09% |
| Return on Investment (TTM) | 18.09% |
| Earning Yield | 0.0553 |
| LT Debt / Shareholders Equity | 0.7495 |
| Number of Equity Holdings | 0 |
As of June 30, 2026
Growth Metrics
| EPS Growth (1Y) | 22.28% |
| EPS Growth (3Y) | 16.86% |
| EPS Growth (5Y) | 21.92% |
| Sales Growth (1Y) | 13.28% |
| Sales Growth (3Y) | 12.36% |
| Sales Growth (5Y) | 14.51% |
| Sales per Share Growth (1Y) | 78.47% |
| Sales per Share Growth (3Y) | 13.09% |
| Operating Cash Flow - Growth Rate (3Y) | 22.18% |
As of June 30, 2026
Fund Details
| Key Dates | |
| Inception Date | 7/26/2021 |
| Last Annual Report Date | 5/31/2025 |
| Last Prospectus Date | 8/1/2026 |
| Share Classes | |
| TBLOX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds |
|
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:TRBPX", "name") |
| Broad Asset Class: =YCI("M:TRBPX", "broad_asset_class") |
| Broad Category: =YCI("M:TRBPX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TRBPX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |