C000160461 Performance — T. Rowe Price Retirement I 2040 Fund - I Class
Data updated: 2024-01-26
C000160461 returned +9.26% over one year to Nov 2023. The annualised 3-year return is +4.09%. The fund beat its Target-Date category average: $100 invested three years ago grew to $113, against $109 for the category, and to $109 over one year, against $108. Volatility over the past three years was 15.07% a year. In the 12 months to Nov 2023 the fund took in a net $3.9B, and assets reached $10.04B.
C000160461 Growth of $100
What $100 invested in T. Rowe Price Retirement I 2040 Fund - I Class grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | C000160461 | Category average |
|---|---|---|
| 1 year (Dec 2022 – Nov 2023) | $109 | $108 |
| 3 years (Dec 2020 – Nov 2023) | $113 | $109 |
| Since data start (Sep 2019 – Nov 2023) | $138 | $127 |
C000160461 Trailing Returns
Total returns to Nov 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.26% |
| 3 years (annualised) | +4.09% |
C000160461 Annual Returns
Calendar-year total returns of T. Rowe Price Retirement I 2040 Fund - I Class, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Nov) | +14.00% |
| 2022 | −18.72% |
| 2021 | +16.59% |
| 2020 | +18.14% |
| 2019 (Sep–Dec) | +8.36% |
C000160461 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +6.8% | −2.7% | +2.2% | +1.2% | −1.0% | +5.2% | +3.4% | −2.4% | −3.9% | −2.7% | +7.9% | — |
| 2022 | −5.2% | −2.4% | +0.9% | −7.8% | +0.2% | −7.3% | +6.3% | −3.7% | −8.3% | +5.5% | +7.1% | −4.2% |
| 2021 | −0.1% | +3.5% | +2.1% | +4.0% | +1.2% | +1.1% | +0.5% | +2.4% | −3.7% | +4.5% | −2.7% | +2.9% |
| 2020 | −0.6% | −6.0% | −13.8% | +10.4% | +5.1% | +3.0% | +4.9% | +5.0% | −2.6% | −1.0% | +11.0% | +4.4% |
| 2019 | — | — | — | — | — | — | — | — | +1.0% | +1.6% | +2.6% | +2.9% |
C000160461 Risk
Risk measures from monthly returns over Dec 2020 – Nov 2023.
- 3-year volatility (annualised): 15.07%
- 3-year Sharpe ratio: -0.03 (vs 4.5% risk-free rate)
- Best month: +7.90% (Nov 2023)
- Worst month: −8.33% (Sep 2022)
C000160461 Fund Flows
Monthly money in and out of T. Rowe Price Retirement I 2040 Fund - I Class, from SEC Form N-PORT.
- 12-month net flow: $3.9B
- 12-month gross sales (incl. reinvestments): $2.6B
- Sales ÷ redemptions: -2.01×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Nov 2023 | $109.3M | −$119.2M | $228.5M |
| Oct 2023 | $191.5M | −$78.9M | $270.4M |
| Sep 2023 | $146.2M | −$73.8M | $220.0M |
| Aug 2023 | $156.4M | −$79.2M | $235.6M |
| Jul 2023 | $247.2M | −$90.8M | $338.0M |
| Jun 2023 | $133.1M | −$91.8M | $225.0M |
| May 2023 | $246.9M | −$162.8M | $409.7M |
| Apr 2023 | $146.5M | −$110.3M | $256.9M |
| Mar 2023 | $203.2M | −$64.0M | $267.2M |
| Feb 2023 | $190.9M | −$108.9M | $299.9M |
| Jan 2023 | $180.0M | −$239.5M | $419.6M |
| Dec 2022 | $657.2M | −$78.7M | $735.9M |
C000160461 Assets Under Management
Net assets of T. Rowe Price Retirement I 2040 Fund - I Class by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-11-30 | $10.04B |
| 2023-08-31 | $9.76B |
| 2023-05-31 | $8.94B |
| 2023-02-28 | $8.47B |
| 2022-11-30 | $8.39B |
| 2022-08-31 | $7.96B |
| 2022-05-31 | $8.24B |
| 2022-02-28 | $8.59B |
| 2021-11-30 | $8.92B |
| 2021-08-31 | $8.81B |
| 2021-05-28 | $8.18B |
| 2021-02-26 | $7.81B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.