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T. Rowe Price Retirement 2005 F

TRRFX
Target-Date 2025
T. Rowe Price

The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price equity and fixed income mutual funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2005) included in its name and assumes a retirement age of 65.

Expense Ratio
0.01%
What's an expense ratio?
5-Year Return
+8.53%
How to read fund performance
Volatility
+6.08%
What is volatility?
Total Assets
$1.2K
Performance History
1-Year Return+12.30%
3-Year Return+11.40%
5-Year Return+8.53%
10-Year Return+162.81%
Fund Details
Minimum Investment$2,500
Fund ManagerT. Rowe Price Management Team
Inception Date2007-05-30
Assets Under Management$1,158 M
Data Last UpdatedApr 13, 2026
How to Invest in TRRFX

Buy directly from T. Rowe Price

T. Rowe Price funds can be purchased directly through their website, typically with no transaction fee. Minimum investment: $2,500.

Visit TRowePrice.com

Affiliate disclosure: Some links on this page are affiliate links. If you open an account through a link on this site, we may earn a commission at no additional cost to you. This does not influence our fund data or analysis. Learn more.

Investment Calculators

Fee Impact Calculator

Fee Impact Calculator
See how fees would impact your investment in T. Rowe Price Retirement 2005 F
Calculating for:
TRRFX

T. Rowe Price Retirement 2005 F

Pre-filled with TRRFX's historical average return

TRRFX's actual expense ratio

Comparison fund (e.g., actively managed)

Results
Future value after 30 years
Enter your values and click “Calculate Impact” to see results

Note: This calculator uses simplified assumptions based on TRRFX's historical performance. It does not account for taxes, inflation, or varying returns. Past performance does not guarantee future results.

Return Simulator

Return Projection Simulator
Project your portfolio's future value with T. Rowe Price Retirement 2005 F
Projecting for:
TRRFX

T. Rowe Price Retirement 2005 F

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Pre-filled with TRRFX's historical average return

Projection Results
Estimated portfolio value after 30 years
Enter your parameters and click “Simulate Returns” to see projections

Important: This projection uses simplified assumptions based on TRRFX's historical performance. Actual investment returns vary year-to-year. Past performance does not guarantee future results. This tool is for educational purposes only.

Top Holdings

TRPZXT. Rowe Price Ltd Dur Infl Focus Bd Z
0.00%
TRVZXT. Rowe Price New Income Z
0.00%
TRMZXT. Rowe Price Intl Bd (USD Hdgd) Z
0.00%
TRZAXT. Rowe Price Value Z
0.00%
TRJZXT. Rowe Price Growth Stock Z
0.00%
PZHEXT. Rowe Price Hedged Equity Z
0.00%
TRDZXT. Rowe Price Dynamic Global Bond Z
0.00%
TREZXT. Rowe Price Emerging Markets Bond Z
0.00%
TROZXT. Rowe Price International Value Eq Z
0.00%
TRZLXT. Rowe Price US Large-Cap Core Z
0.00%

Top holdings shown as percentage of fund assets. Data sourced from fund filings. Holdings may change over time.

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TRRAX
T. Rowe Price

T. Rowe Price Retirement 2010 F

Expense Ratio0.01%
5-Year Return+10.15%

Frequently Asked Questions

What is TRRFX?

TRRFX is the ticker symbol for T. Rowe Price Retirement 2005 F, a Target-Date 2025 mutual fund managed by T. Rowe Price. The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price equity and fixed income mutual funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2005) included in its name and assumes a retirement age of 65.

What is the expense ratio for TRRFX?

TRRFX has an expense ratio of 0.01% per year. On a $10,000 investment, that amounts to roughly $1 annually in fund fees. This is considered a very low-cost fund.

How has TRRFX performed historically?

TRRFX has posted a 1-year return of +12.30%, 3-year return of +11.40%, 5-year return of +8.53%, 10-year return of +162.81%. Past performance does not guarantee future results. Returns are annualized for periods greater than one year.

What is the minimum investment for TRRFX?

TRRFX requires a minimum initial investment of $2,500. Some brokerages or retirement accounts may waive or reduce this minimum.

Is TRRFX a good investment?

Whether TRRFX is right for you depends on your investment goals, time horizon, and risk tolerance. Key factors to evaluate include its 0.01% expense ratio, Target-Date 2025 category exposure, historical returns, and how it fits within your broader portfolio. We recommend comparing it against similar funds in the same category and consulting a qualified financial advisor.

Important: Past performance does not guarantee future results. This information is provided for educational purposes only and should not be considered investment advice. Please consult with a financial advisor before making investment decisions.

Compare Mutual Funds LogoCMF

Compare mutual funds with transparent, data-driven insights. Make informed investment decisions.

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  • Compare Funds
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  • About Us

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  • Disclosures
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© 2026 CompareMutualFunds. All rights reserved.

Investment information provided for educational purposes only. Past performance does not guarantee future results.