T. Rowe Price Retirement 2050 Fund

Shareclass
T. Rowe Price Retirement 2050 (TRRMX)
Type
Open-end mutual fund
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up between 1% and 2% of the portfolio. Assigned a grade of D.
D
$970.11 MILLION
Prison industrial complex
52
flagged holdings
14%
of assets flagged
Data as of 31 Dec 2023
Flagged investments:
$970.11 MILLION, 14% of assets
Higher risk:
$86.65 MILLION, 1.26% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
29
holdings
$656.25M
invested
9.54%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
45
holdings
$844.27M
invested
12%
of portfolio
All flagged holdings
52 holdings
52 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $243.43M
    3.54%
  • 2.  Amazon.com Inc
    Prison industryBorder industry
    $131.3M
    1.91%
  • 3.  Alphabet Inc Class A
    Border industry
    $77.44M
    1.13%
  • 4.  Alphabet Inc Class C
    Border industry
    $53.45M
    0.78%
  • 5.  JPMorgan Chase & Co
    Prison industryBorder industry
    $53.1M
    0.77%
Higher risk
Private prison operator
See all
T. Rowe Price Retirement 2050 Fund $TRRMX is 14% ($970.11 MILLION) invested in companies with prison involvement
Tweet 
Financial performance
Performance data provided byMorningstarFind more financial data on TRRMX at Morningstar.com
Current fund
TRRMX
T. Rowe Price Retirement 2050 Fund
Family
T. Rowe Price
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.04% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.15% less invested
More invested in higher risk companies, border industry 
<0.01% more invested
More invested in higher risk companies 
<0.01% more invested
Less invested in all screened prison industry companies 
7.93% less invested
Less invested in all screened border industry companies 
9.32% less invested
Less invested in all screened companies 
11.01% less invested
Current fund
TRRMX
T. Rowe Price Retirement 2050 Fund
Family
T. Rowe Price
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.04% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.15% less invested
More invested in higher risk companies, border industry 
<0.01% more invested
More invested in higher risk companies 
<0.01% more invested
Less invested in all screened prison industry companies 
7.93% less invested
Less invested in all screened border industry companies 
9.32% less invested
Less invested in all screened companies 
11.01% less invested
Current fund
TRRMX
T. Rowe Price Retirement 2050 Fund
Family
T. Rowe Price
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 1/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-4.04% less in annualized returns
Same in private prison operators 
Both 0% invested
Less invested in higher risk companies, prison industry 
0.15% less invested
More invested in higher risk companies, border industry 
<0.01% more invested
More invested in higher risk companies 
<0.01% more invested
Less invested in all screened prison industry companies 
7.93% less invested
Less invested in all screened border industry companies 
9.32% less invested
Less invested in all screened companies 
11.01% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
TRRMX - T. Rowe Price Retirement 2050 Fund
13%
4.68%
9.54%
8.53%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
21%
11%
14%
13%
0% 
Fund compared to benchmark
 
-7.96%
-6.28%
-4.72%
-4.04%
Same
Find more financial data on TRRMX at Morningstar.com
What's next?
Learn how to make a change and move your money
Get started with our action toolkit
Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
Find sustainable funds that are prison industrial complex-free
Visit Fossil Free Funds to see this fund's exposure to fossil fuel companies and companies with high carbon footprints
More from Invest Your Values
See how mutual funds and ETFs are rated on issues ranging from fossil fuels, to deforestation, gender equality, guns, prisons, weapons, and tobacco

Disclaimer: As You Sow is not an investment adviser

As You Sow is not an investment adviser as that term is defined under federal and state (California) laws and regulations. As You Sow is a tax-exempt, nonprofit organization dedicated to educating and empowering shareholders to change corporations for the good through the collection, analysis and dissemination of relevant information to the public, free of charge. As You Sow does not provide financial planning, legal or tax advice. Nothing on this website shall constitute or be construed as an offering of financial instruments, or as investment advice or investment recommendations.
See our full disclaimer