TRRIX Performance — T. Rowe Price Retirement Balanced Fund
Data updated: 2026-08-12
TRRIX returned +5.17% year to date and +13.14% over one year to May 2026. Annualised returns are +10.64% over 3 years and +4.67% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $135, against $155 for the category, and to $113 over one year, against $121. Volatility over the past three years was 6.35% a year. In the 12 months to May 2026 the fund lost a net $87.0M, and assets reached $2.22B.
TRRIX Growth of $100
What $100 invested in T. Rowe Price Retirement Balanced Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | TRRIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $113 | $121 |
| 3 years (Jun 2023 – May 2026) | $135 | $155 |
| 5 years (Jun 2021 – May 2026) | $126 | $144 |
| Since data start (Sep 2019 – May 2026) | $154 | $187 |
TRRIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.17% |
| 1 year | +13.14% |
| 3 years (annualised) | +10.64% |
| 5 years (annualised) | +4.67% |
TRRIX Annual Returns
Calendar-year total returns of T. Rowe Price Retirement Balanced Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +5.17% |
| 2025 | +11.19% |
| 2024 | +7.94% |
| 2023 | +11.31% |
| 2022 | −13.03% |
| 2021 | +8.37% |
| 2020 | +11.41% |
| 2019 (Sep–Dec) | +4.65% |
TRRIX 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 | +1.7% | +1.5% | −3.5% | +3.9% | +1.6% | — | — | — | — | — | — | — |
| 2025 | +1.8% | +0.8% | −1.2% | +0.2% | +1.8% | +2.1% | +0.4% | +1.8% | +1.6% | +0.7% | +0.5% | +0.3% |
| 2024 | +0.1% | +1.6% | +1.9% | −2.1% | +2.3% | +0.8% | +1.8% | +1.5% | +1.3% | −1.5% | +2.2% | −2.0% |
| 2023 | +4.0% | −1.8% | +1.8% | +0.8% | −1.0% | +2.2% | +1.6% | −1.3% | −2.4% | −1.5% | +5.0% | +3.7% |
| 2022 | −2.8% | −1.4% | −0.2% | −4.6% | 0.0% | −4.5% | +4.0% | −2.6% | −5.8% | +2.2% | +4.4% | −2.1% |
| 2021 | 0.0% | +1.2% | +1.1% | +2.2% | +0.8% | +0.6% | +0.8% | +1.0% | −1.8% | +2.0% | −1.2% | +1.4% |
| 2020 | +0.1% | −2.7% | −8.5% | +6.2% | +3.0% | +2.0% | +3.0% | +2.6% | −1.4% | −0.7% | +5.6% | +2.6% |
| 2019 | — | — | — | — | — | — | — | — | +0.4% | +1.1% | +1.2% | +1.8% |
TRRIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.35%
- 3-year Sharpe ratio: 0.97 (vs 4.5% risk-free rate)
- Best month: +5.00% (Nov 2023)
- Worst month: −3.46% (Mar 2026)
TRRIX Fund Flows
Monthly money in and out of T. Rowe Price Retirement Balanced Fund, from SEC Form N-PORT.
- 12-month net flow: −$87.0M
- 12-month gross sales (incl. reinvestments): $468.7M
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $23.3M | $33.2M | −$9.9M |
| Apr 2026 | $23.0M | $38.2M | −$15.3M |
| Mar 2026 | $35.8M | $45.9M | −$10.1M |
| Feb 2026 | $43.7M | $51.8M | −$8.1M |
| Jan 2026 | $51.7M | $56.8M | −$5.1M |
| Dec 2025 | $78.4M | $49.8M | $28.6M |
| Nov 2025 | $38.5M | $51.5M | −$13.0M |
| Oct 2025 | $33.8M | $38.6M | −$4.8M |
| Sep 2025 | $40.4M | $47.6M | −$7.1M |
| Aug 2025 | $39.8M | $50.6M | −$10.8M |
| Jul 2025 | $33.7M | $49.3M | −$15.6M |
| Jun 2025 | $26.6M | $42.4M | −$15.7M |
TRRIX Assets Under Management
Net assets of T. Rowe Price Retirement Balanced Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.22B |
| 2026-02-28 | $2.22B |
| 2025-11-30 | $2.19B |
| 2025-08-31 | $2.18B |
| 2025-05-31 | $2.14B |
| 2025-02-28 | $2.16B |
| 2024-11-30 | $2.20B |
| 2024-08-31 | $2.21B |
| 2024-05-31 | $2.18B |
| 2024-02-29 | $2.22B |
| 2023-11-30 | $1.59B |
| 2023-08-31 | $1.63B |
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.