TWRRX Performance — T. Rowe Price Target 2030 Fund, I Class
Data updated: 2026-08-12
TWRRX returned +6.50% year to date and +16.00% over one year to May 2026. Annualised returns are +12.92% over 3 years and +5.85% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $144, against $155 for the category, and to $116 over one year, against $121. Volatility over the past three years was 7.79% a year. In the 12 months to May 2026 the fund lost a net $81.9M, and assets reached $551.32M.
TWRRX Growth of $100
What $100 invested in T. Rowe Price Target 2030 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | TWRRX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $116 | $121 |
| 3 years (Jun 2023 – May 2026) | $144 | $155 |
| 5 years (Jun 2021 – May 2026) | $133 | $144 |
| Since data start (Sep 2019 – May 2026) | $173 | $187 |
TWRRX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.50% |
| 1 year | +16.00% |
| 3 years (annualised) | +12.92% |
| 5 years (annualised) | +5.85% |
TWRRX Annual Returns
Calendar-year total returns of T. Rowe Price Target 2030 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.50% |
| 2025 | +12.95% |
| 2024 | +9.62% |
| 2023 | +14.36% |
| 2022 | −15.06% |
| 2021 | +11.52% |
| 2020 | +14.36% |
| 2019 (Sep–Dec) | +5.97% |
TWRRX 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 | +2.1% | +1.8% | −4.2% | +4.8% | +2.0% | — | — | — | — | — | — | — |
| 2025 | +2.3% | +0.5% | −1.5% | 0.0% | +2.5% | +2.5% | +0.4% | +2.1% | +1.8% | +0.9% | +0.6% | +0.4% |
| 2024 | 0.0% | +2.4% | +2.4% | −2.5% | +2.8% | +0.9% | +1.9% | +1.8% | +1.4% | −1.7% | +2.7% | −2.5% |
| 2023 | +5.1% | −2.2% | +2.0% | +0.9% | −1.0% | +3.3% | +2.2% | −1.6% | −2.9% | −1.8% | +6.0% | +4.2% |
| 2022 | −3.6% | −1.8% | +0.2% | −5.8% | +0.1% | −5.4% | +4.8% | −3.0% | −6.7% | +3.4% | +5.4% | −2.9% |
| 2021 | −0.1% | +2.1% | +1.4% | +2.9% | +1.0% | +0.8% | +0.7% | +1.6% | −2.5% | +2.9% | −1.7% | +2.0% |
| 2020 | −0.1% | −4.0% | −11.0% | +8.0% | +3.9% | +2.5% | +3.8% | +3.5% | −1.9% | −0.8% | +7.8% | +3.3% |
| 2019 | — | — | — | — | — | — | — | — | +0.6% | +1.2% | +1.8% | +2.3% |
TWRRX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 7.79%
- 3-year Sharpe ratio: 1.08 (vs 4.5% risk-free rate)
- Best month: +5.98% (Nov 2023)
- Worst month: −4.17% (Mar 2026)
TWRRX Fund Flows
Monthly money in and out of T. Rowe Price Target 2030 Fund, from SEC Form N-PORT.
- 12-month net flow: −$81.9M
- 12-month gross sales (incl. reinvestments): $134.5M
- Sales ÷ redemptions: 0.62×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $5.7M | $18.0M | −$12.4M |
| Apr 2026 | $10.6M | $14.1M | −$3.5M |
| Mar 2026 | $9.5M | $10.7M | −$1.2M |
| Feb 2026 | $9.1M | $16.4M | −$7.3M |
| Jan 2026 | $7.8M | $21.8M | −$14.0M |
| Dec 2025 | $44.7M | $12.0M | $32.8M |
| Nov 2025 | $6.7M | $11.3M | −$4.7M |
| Oct 2025 | $11.1M | $11.4M | −$251K |
| Sep 2025 | $7.4M | $32.8M | −$25.4M |
| Aug 2025 | $9.1M | $34.5M | −$25.4M |
| Jul 2025 | $5.0M | $23.7M | −$18.7M |
| Jun 2025 | $7.9M | $9.6M | −$1.7M |
TWRRX Assets Under Management
Net assets of T. Rowe Price Target 2030 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $551.32M |
| 2026-02-28 | $555.09M |
| 2025-11-30 | $559.47M |
| 2025-08-31 | $571.28M |
| 2025-05-31 | $588.10M |
| 2025-02-28 | $600.06M |
| 2024-11-30 | $606.72M |
| 2024-08-31 | $599.29M |
| 2024-05-31 | $588.32M |
| 2024-02-29 | $591.36M |
| 2023-11-30 | $562.53M |
| 2023-08-31 | $557.95M |
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.