# T. Rowe Price Retirement 2040 Fund

T. Rowe Price Retirement 2040 Fund is a registered fund series of T. ROWE PRICE RETIREMENT FUNDS, INC. (series S000002113). Net assets $27.4B as of 2026-05-31.

## Profile

- Series ID: S000002113
- Registrant: T. ROWE PRICE RETIREMENT FUNDS, INC.
- LEI: 549300GA7C4PM2NV1S67
- Net assets: $27.4B
- Total assets: $27.4B
- As of: 2026-05-31
- Type: Fund of funds

## Advisers

- [T. Rowe Price Associates, Inc. (Advisor)](https://search.stillhousedata.com/firm/105496)

## Top holdings (32 reported)

_Showing 15 of 32 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [TRP GROWTH STOCK FD-Z](https://search.stillhousedata.com/security/77958E208) | — | $4.0B | 1468.86% |
| [TRP VALUE FD-Z](https://search.stillhousedata.com/security/779578400) | — | $3.9B | 1424.34% |
| [TRP US LARGE-CAP CORE FD-Z](https://search.stillhousedata.com/security/74149R404) | — | $2.2B | 796.77% |
| [TRP EQUITY INDEX 500 FD-Z](https://search.stillhousedata.com/security/779552504) | — | $2.2B | 793.61% |
| [TRP INTL VALUE EQUITY FD-Z](https://search.stillhousedata.com/security/87281D827) | — | $2.0B | 718.23% |
| [TRP OVERSEAS STOCK FD-Z](https://search.stillhousedata.com/security/87281D835) | — | $1.8B | 658.77% |
| [TRP INTL STOCK FD-Z](https://search.stillhousedata.com/security/87281D843) | — | $1.6B | 580.36% |
| [TRP NEW INCOME FD-Z](https://search.stillhousedata.com/security/779570506) | — | $1.5B | 547.61% |
| [TRP REAL ASSETS FD-Z](https://search.stillhousedata.com/security/87279W308) | — | $1.4B | 522.26% |
| [TRP EM MKTS DISCOVERY STK FD-Z CL](https://search.stillhousedata.com/security/87281D884) | — | $808.1M | 294.83% |
| [TRP MID-CAP VALUE FD-Z](https://search.stillhousedata.com/security/77957Y502) | — | $788.0M | 287.52% |
| [TRP EMER MKTS STOCK FD-Z](https://search.stillhousedata.com/security/87281D876) | — | $774.5M | 282.59% |
| [TRP MID-CAP GROWTH FD-Z](https://search.stillhousedata.com/security/779556505) | — | $693.0M | 252.86% |
| [TRP INTL BOND FD (USD HEDGED)-Z](https://search.stillhousedata.com/security/87281D850) | — | $593.6M | 216.58% |
| [TRP US TREASURY LONG-TERM INDEX FD-Z](https://search.stillhousedata.com/security/77957T701) | — | $570.0M | 207.96% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $27.4B |
| 2026-02-28 | $27.2B |
| 2025-11-30 | $26.6B |
| 2025-08-31 | $26.0B |
| 2025-05-31 | $24.9B |
| 2025-02-28 | $24.9B |
| 2024-11-30 | $25.7B |
| 2024-08-31 | $25.2B |

## More

- [Registrant: T. ROWE PRICE RETIREMENT FUNDS, INC.](https://search.stillhousedata.com/registrant/1177017)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000002113.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.