TRMOX Performance — T. Rowe Price Retirement 2065 Fund, I Class
Data updated: 2026-08-12
TRMOX returned +11.29% year to date and +26.74% over one year to May 2026. Over one year the fund beat its Target-Date category average: $100 grew to $127, against $121 for the category. Volatility over the past 12 months was 12.25% a year. In the 12 months to May 2026 the fund took in a net $309.4M, and assets reached $1.88B.
TRMOX Growth of $100
What $100 invested in T. Rowe Price Retirement 2065 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | TRMOX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $127 | $121 |
| Since data start (Nov 2023 – May 2026) | $166 | $158 |
TRMOX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +11.29% |
| 1 year | +26.74% |
3- and 5-year figures withheld: disagrees with sibling classes.
TRMOX Annual Returns
Calendar-year total returns of T. Rowe Price Retirement 2065 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +11.29% |
| 2025 | +19.10% |
| 2024 | +14.48% |
| 2023 (Nov–Dec) | +9.41% |
TRMOX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.6% | +2.6% | −6.9% | +8.5% | +3.5% | — | — | — | — | — | — | — |
| 2025 | +3.6% | −0.4% | −2.9% | −0.3% | +4.8% | +3.8% | +0.6% | +3.0% | +3.0% | +1.3% | +0.9% | +0.7% |
| 2024 | 0.0% | +4.6% | +3.8% | −3.5% | +4.1% | +1.0% | +2.1% | +2.2% | +1.5% | −2.1% | +4.2% | −3.9% |
| 2023 | — | — | — | — | — | — | — | — | — | — | +4.0% | +5.2% |
TRMOX Risk
Risk measures from monthly returns over Jun 2025 – May 2026.
- 1-year volatility (annualised): 12.25%
- Best month: +8.54% (Apr 2026)
- Worst month: −6.87% (Mar 2026)
TRMOX Fund Flows
Monthly money in and out of T. Rowe Price Retirement 2065 Fund, from SEC Form N-PORT.
- 12-month net flow: $309.4M
- 12-month gross sales (incl. reinvestments): $869.9M
- Sales ÷ redemptions: 1.55×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $65.2M | $103.8M | −$38.6M |
| Apr 2026 | $72.5M | $53.7M | $18.8M |
| Mar 2026 | $86.9M | $37.0M | $49.9M |
| Feb 2026 | $73.7M | $25.8M | $47.9M |
| Jan 2026 | $82.5M | $78.0M | $4.5M |
| Dec 2025 | $123.8M | $45.9M | $77.9M |
| Nov 2025 | $62.8M | $36.3M | $26.5M |
| Oct 2025 | $65.4M | $39.1M | $26.3M |
| Sep 2025 | $62.8M | $49.9M | $12.9M |
| Aug 2025 | $58.6M | $23.7M | $34.9M |
| Jul 2025 | $61.0M | $26.6M | $34.4M |
| Jun 2025 | $54.7M | $40.7M | $14.0M |
TRMOX Assets Under Management
Net assets of T. Rowe Price Retirement 2065 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $1.88B |
| 2026-02-28 | $1.76B |
| 2025-11-30 | $1.57B |
| 2025-08-31 | $1.43B |
| 2025-05-31 | $1.25B |
| 2025-02-28 | $1.11B |
| 2024-11-30 | $1.04B |
| 2024-08-31 | $920.65M |
| 2024-05-31 | $791.68M |
| 2024-02-29 | $662.06M |
| 2023-11-30 | $199.88M |
| 2023-08-31 | $180.90M |
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.