TRSJX

About TRSJX

T. Rowe Price Retirement 2065 Fund is a target‑date mutual fund designed for investors planning to retire around 2065. Its primary objective is to deliver high total return over time by emphasizing capital growth in the early years and gradually increasing income orientation as retirement approaches. The fund is actively managed and invests in a diversified mix of underlying T. Rowe Price stock and bond funds spanning U.S. large‑, mid‑, and small‑cap equities, international developed and emerging markets, and real assets, with a modest allocation to fixed income that rises along the glide path. Around the target date, the strategy typically maintains a significant, though reduced, equity exposure before continuing to de‑risk for roughly three decades thereafter. The portfolio’s construction follows a disciplined glide path with limited tactical flexibility around neutral allocations, seeking broad market participation and risk management through multi‑asset diversification and manager research within T. Rowe Price’s fund lineup. The fund’s role in the market is to provide a single, age‑based, professionally managed solution that automates asset allocation and rebalancing across market cycles for long‑horizon retirement savers.