T. Rowe Price Target Retirement 2040 Fund (TRHRX) NASDAQ

19.15

+0.07(+0.37%)

Updated at June 02 04:00PM

Currency In USD

T. Rowe Price Target Retirement 2040 Fund

Address

100 East Pratt Street

Baltimore, MD 21202

United States of America (the)

Phone

410-345-2000

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

August 22, 2013

Key Executives

N/A

Description

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 2040) 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.