TRRYX Fees and Costs — T. Rowe Price Retirement 2060 Fund, Advisor Class
Data updated: 2026-08-12
The net expense ratio is 0.89%: a 0.64% management fee plus a 0.25% 12b-1 fee. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $7K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 24%.
TRRYX Fees and Expenses
Annual operating expenses and sales charges of TRRYX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TRRYX Costs Over Time
On $10,000 invested in TRRYX, assuming 5% a year before costs, total costs come to $558 over 5 years, cutting the return by 0.93% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $93 | $306 | $558 |
| Value after costs | $10,407 | $11,270 | $12,205 |
| Impact on return, per year | 0.93% | 0.93% | 0.93% |
TRRYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $41.6M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
TRRYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Inc. | $3K | 36.26% |
| BOFA SECURITIES, INC. | $2K | 25.05% |
| GOLDMAN SACHS & CO. LLC | $1K | 20.17% |
| MORGAN STANLEY & CO. LLC | $817 | 11.33% |
| J.P. MORGAN SECURITIES LLC | $519 | 7.19% |
TRRYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $22.4M | 53.76% |
| ASL CAPITAL MARKETS INC. | $16.8M | 40.46% |
| J.P. MORGAN SECURITIES LLC | $1.6M | 3.81% |
| WELLS FARGO SECURITIES, LLC | $376K | 0.90% |
| BARCLAYS CAPITAL INC. | $366K | 0.88% |
| BMO Capital Markets Corp. | $79K | 0.19% |
T. Rowe Price Retirement 2060 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRLNX | I Class | 0.46% | — |
| TRRLX | T. Rowe Price Retirement 2060 Fund | 0.64% | — |
| TRRYX | Advisor Class | 0.89% | — |
| TRRZX | R Class | 1.14% | — |
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.