T. Rowe Price Retirement 2040 Fund (TRRDX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.13: the stock has moved about 13% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 18, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerT. Rowe Price Retirement 2040 Fund (TRRDX) trades at $38.41. T. Rowe Price Retirement 2040 Fund is a target-date fund that invests in a diversified portfolio of other T. Rowe Price mutual funds. Sector: Financials.
Price as of · Last analyzed: Mar 18, 2026Analyst Coverage for TRRDX: TRRDX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
T. Rowe Price Retirement 2040 Fund (TRRDX) Financial Services Profile
T. Rowe Price Retirement 2040 Fund is a target-date fund within the asset management sector, offering a diversified portfolio of T. Rowe Price mutual funds with an evolving asset allocation strategy tailored to investors planning to retire around the year 2040, managed by T. Rowe Price.
What Is the Investment Thesis for TRRDX?
T. Rowe Price Retirement 2040 Fund presents a compelling option for investors seeking a hands-off approach to retirement planning. The fund's key value driver is its diversified asset allocation strategy, which automatically adjusts over time to align with the investor's changing risk tolerance and time horizon. As of 2026, the fund maintains a growth-oriented allocation, but this will gradually shift towards a more conservative stance as 2040 approaches. The fund's performance is closely tied to the performance of the underlying T. Rowe Price mutual funds in which it invests. A potential risk is the fund's reliance on the expertise of T. Rowe Price's investment managers. The fund's beta of 1.13 indicates that it is slightly more volatile than the overall market. The fund's target-date approach offers a convenient solution for investors who lack the time or expertise to manage their own asset allocation.
Based on FMP financials and quantitative analysis
TRRDX Key Highlights
The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds, providing exposure to various asset classes and sectors.
- The fund's asset allocation changes over time in relation to its target retirement date of 2040, becoming more conservative as the target date approaches.
- The fund is managed based on the specific retirement year (target date 2040) included in its name and assumes a retirement age of 65.
- The fund's market cap is $27.25B, reflecting its significant size and popularity among investors.
- The fund has a beta of 1.13, indicating that it is slightly more volatile than the overall market.
Who Are TRRDX's Competitors?
TRRDX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| TRRCX T. Rowe Price Retirement 2030 Fund | $29.94 | +0.40% | $29.9B | — |
| TRRHX T. Rowe Price Retirement 2025 Fund | $18.80 | +0.32% | $17.1B | — |
| TRRJX T. Rowe Price Retirement 2035 Fund | $25.73 | +0.35% | $24.4B | — |
| TRRKX T. Rowe Price Retirement 2045 Fund | $28.61 | +0.63% | $19.5B | — |
| TRRMX T. Rowe Price Retirement 2050 Fund | $24.46 | +0.66% | $18.2B | — |
| BLK BlackRock, Inc. | $1079.42 | +1.22% | $167B | — |
| BX Blackstone Inc. | $113.03 | +1.24% | $137B | — |
| APOS Apollo Global Management, Inc. | $25.60 | +0.04% | $74.9B | — |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TRRDX's Key Strengths?
Strong brand reputation of T. Rowe Price.
- Diversified portfolio of investments.
- Experienced investment management team.
- Automatic asset allocation adjustments.
What Are TRRDX's Weaknesses?
Reliance on the performance of underlying T. Rowe Price mutual funds.
- Vulnerability to market volatility.
- Lack of dividend yield.
- Higher beta than the overall market.
What Are the Key Risks for TRRDX?
Market volatility could negatively impact the fund's performance.
- Increasing competition from other asset managers could erode market share.
- Regulatory changes could increase compliance costs.
- Fee pressure could reduce profitability.
What Are TRRDX's Competitive Advantages?
- Brand reputation: T. Rowe Price has a strong brand reputation in the asset management industry.
- Scale: The fund benefits from the scale of T. Rowe Price's investment operations.
- Expertise: T. Rowe Price has a team of experienced investment professionals.
- Diversification: The fund offers a diversified portfolio of investments.
What Does TRRDX Do?
T. Rowe Price Retirement 2040 Fund is a component of T. Rowe Price's suite of target-date retirement funds. These funds are designed to simplify retirement planning by offering a single investment solution that automatically adjusts its asset allocation over time. The 2040 Fund is specifically tailored for individuals planning to retire around the year 2040, assuming a retirement age of 65. The fund was created to provide a diversified portfolio of investments that gradually becomes more conservative as the target retirement date approaches. This is achieved by investing in a mix of other T. Rowe Price stock and bond mutual funds, representing various asset classes and sectors. The fund's initial asset allocation is more heavily weighted towards equities to capture growth potential, and it gradually shifts towards a higher allocation of fixed-income investments as the target date nears, reducing risk as retirement approaches. The fund's investment strategy is based on the principle of lifecycle investing, which recognizes that investors' risk tolerance and investment needs change over time. The fund is actively managed by T. Rowe Price, a global investment management firm with a long history of providing retirement solutions. The fund's performance is benchmarked against a composite of market indices that reflect its asset allocation strategy. The fund is available to individual investors through various channels, including retirement accounts, brokerage accounts, and financial advisors.
What Products and Services Does TRRDX Offer?
- Invests in a diversified portfolio of T. Rowe Price mutual funds.
- Offers a single investment solution for retirement planning.
- Automatically adjusts asset allocation over time.
- Targets investors planning to retire around 2040.
- Manages investments based on a retirement age of 65.
- Provides exposure to various asset classes and sectors.
How Does TRRDX Make Money?
- Generates revenue through management fees charged on assets under management.
- Invests in other T. Rowe Price mutual funds, creating a fund-of-funds structure.
- Adjusts asset allocation over time to become more conservative as the target date approaches.
What Industry Does TRRDX Operate In?
T. Rowe Price Retirement 2040 Fund operates within the asset management industry, which is experiencing significant growth due to the increasing demand for retirement planning solutions. The target-date fund segment is particularly popular, as it offers a convenient and diversified investment option for individuals saving for retirement. The competitive landscape includes other large asset managers such as Fidelity, Vanguard, and BlackRock, all of which offer similar target-date fund products. The industry is also facing challenges from regulatory changes, increasing fee pressure, and the rise of passive investing.
Who Are TRRDX's Key Customers?
- Individual investors saving for retirement.
- Participants in employer-sponsored retirement plans.
- Financial advisors seeking retirement solutions for their clients.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 43 snapshots
| 2026-08-23 | 47 |
| 2026-08-31 | 47 |
| 2026-09-08 | 47 |
| 2026-09-16 | 47 |
| 2026-09-24 | 47 |
| 2026-10-04 | 47 |
| 2026-10-06 | 47 |
What changed?
The score has stayed at 47.
Over the same 30 days the stock moved -1.3%.
TRRDX Financials
Bull Case vs Bear Case
Bull Case
- Strong brand reputation of T. Rowe Price.
- Diversified portfolio of investments.
- Experienced investment management team.
- Automatic asset allocation adjustments.
Bear Case
- Reliance on the performance of underlying T. Rowe Price mutual funds.
- Vulnerability to market volatility.
- Lack of dividend yield.
- Higher beta than the overall market.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
TRRDX Latest News
No recent news available for TRRDX.
TRRDX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for TRRDX.
Price Targets
Wall Street price target analysis for TRRDX.
TRRDX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for TRRDX; grades run from A+ (80-100) to F (below 30).
Common Questions About TRRDX (Financials)
What does T. Rowe Price Retirement 2040 Fund do?
T. Rowe Price Retirement 2040 Fund is a target-date fund designed for individuals planning to retire around the year 2040. It simplifies retirement planning by investing in a diversified mix of other T. Rowe Price mutual funds, spanning various asset classes and sectors.
What do analysts say about TRRDX stock?
As a mutual fund, TRRDX does not have individual stock analyst ratings. However, the performance and asset allocation strategies of T. Rowe Price's target-date funds are generally monitored by financial analysts.
What are the main risks for TRRDX?
The main risks for TRRDX include market volatility, which can negatively impact the fund's performance, and the potential for underperformance relative to its benchmark. The fund's reliance on the expertise of T. Rowe Price's investment managers also poses a risk, as investment decisions can impact returns.
How is T. Rowe Price Retirement 2040 Fund adapting to fintech disruption?
T. Rowe Price Retirement 2040 Fund, as part of T. Rowe Price, is adapting to fintech disruption by investing in digital platforms and technologies to enhance the investor experience.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on publicly available data and may be subject to change.