TRBLX — T. Rowe Price Retirement Blend 2040 Fund

Data updated: 2026-07-28

TRBLX — T. Rowe Price Retirement Blend 2040 Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $1.82B AUM · 0.41% expense ratio · 25.3% 1-yr return. From SEC regulatory filings.

TRBLX Fund Overview

TRBLX — T. Rowe Price Retirement Blend 2040 Fund is a US mutual fund managed by T. Rowe Price Retirement Funds, Inc., categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US mutual fund
  • Manager: T. Rowe Price Retirement Funds, Inc.
  • Category: Target Date / Glide Path Allocation
  • Assets under management: $1.82B
  • 1-year return: 25.3%
  • Ticker: TRBLX
  • SEC CIK: 0001177017
  • SEC series ID: S000069908
  • Share class ID: C000222714

TRBLX Holdings

Top 10 holdings of T. Rowe Price Retirement Blend 2040 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

Holding% of net assets
Trp Equity Index 500 Fd-Z25.25%
Trp Intl Equity Index Fd-Z12.10%
Trp Growth Stock Fd-Z10.35%
Trp Value Fd-Z9.84%
Trp Qm US Bond Index Fd-Z5.41%
Trp Real Assets Fd-Z5.21%
Trp Intl Value Equity Fd-Z4.28%
Trp Intl Stock Fd-Z2.92%
Trp Em Mkts Discovery Stk Fd-Z Cl2.90%
Trp Emer Mkts Stock Fd-Z2.80%

View all TRBLX holdings

TRBLX Portfolio Allocation

Asset-class allocation of T. Rowe Price Retirement Blend 2040 Fund by percentage of net assets, from the latest SEC N-PORT filing.

Asset classAllocation
Equity99.1%
Cash & Equivalents0.9%

TRBLX Performance

Total returns for TRBLX (as of 2026-08-01), from SEC filings.

PeriodTotal return
YTD10.3%
1 year25.3%
3 years (annualised)18.7%

TRBLX Risk Information

Risk metrics for TRBLX, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 10.9%

TRBLX Costs and Fees

TRBLX costs about $41 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.41%
  • Gross expense ratio: 0.41%
  • Portfolio turnover: 17%
  • Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

TRBLX Cashflows

Over the 12 months to 2026-02, T. Rowe Price Retirement Blend 2040 Fund had net inflows of $699.93M, from monthly SEC N-PORT filings.

MonthNet flow
2026-02$104.47M
2026-01$134.38M
2025-12$138.93M
2025-11$38.73M
2025-10$31.61M
2025-09$64.96M

TRBLX Debt Constituents

No individual debt constituents are reported in T. Rowe Price Retirement Blend 2040 Fund's latest SEC N-PORT filing.

TRBLX Prospectus and SEC Filings

Official T. Rowe Price Retirement Blend 2040 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.