# T. Rowe Price Target 2040 Fund

T. Rowe Price Target 2040 Fund is a registered fund series of T. ROWE PRICE RETIREMENT FUNDS, INC. (series S000041781). Net assets $456.7M as of 2026-05-31.

## Profile

- Series ID: S000041781
- Registrant: T. ROWE PRICE RETIREMENT FUNDS, INC.
- LEI: 549300VLCQMXD7J7UI84
- Net assets: $456.7M
- Total assets: $456.9M
- As of: 2026-05-31
- Type: Fund of funds

## Advisers

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

## Top holdings (24 reported)

_Showing 15 of 24 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [TRP GROWTH STOCK FD-Z](https://search.stillhousedata.com/security/77958E208) | — | $56.9M | 1245.16% |
| [TRP VALUE FD-Z](https://search.stillhousedata.com/security/779578400) | — | $55.6M | 1216.58% |
| [TRP NEW INCOME FD-Z](https://search.stillhousedata.com/security/779570506) | — | $38.4M | 840.60% |
| [TRP EQUITY INDEX 500 FD-Z](https://search.stillhousedata.com/security/779552504) | — | $31.8M | 695.92% |
| [TRP US LARGE-CAP CORE FD-Z](https://search.stillhousedata.com/security/74149R404) | — | $30.9M | 676.78% |
| [TRP LTD DURATION INFL FOCUSED BD FD-Z](https://search.stillhousedata.com/security/872798301) | — | $28.7M | 628.60% |
| [TRP INTL VALUE EQUITY FD-Z](https://search.stillhousedata.com/security/87281D827) | — | $27.9M | 610.11% |
| [TRP OVERSEAS STOCK FD-Z](https://search.stillhousedata.com/security/87281D835) | — | $24.9M | 546.04% |
| [TRP INTL STOCK FD-Z](https://search.stillhousedata.com/security/87281D843) | — | $22.4M | 491.41% |
| [TRP REAL ASSETS FD-Z](https://search.stillhousedata.com/security/87279W308) | — | $20.5M | 449.50% |
| [TRP INTL BOND FD (USD HEDGED)-Z](https://search.stillhousedata.com/security/87281D850) | — | $15.1M | 329.86% |
| [TRP EM MKTS DISCOVERY STK FD-Z CL](https://search.stillhousedata.com/security/87281D884) | — | $11.4M | 249.14% |
| [TRP US TREASURY LONG-TERM INDEX FD-Z](https://search.stillhousedata.com/security/77957T701) | — | $11.3M | 248.01% |
| [TRP EMER MKTS STOCK FD-Z](https://search.stillhousedata.com/security/87281D876) | — | $11.1M | 242.07% |
| [TRP MID-CAP VALUE FD-Z](https://search.stillhousedata.com/security/77957Y502) | — | $10.9M | 239.49% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $456.7M |
| 2026-02-28 | $462.3M |
| 2025-11-30 | $447.2M |
| 2025-08-31 | $447.2M |
| 2025-05-31 | $452.8M |
| 2025-02-28 | $468.8M |
| 2024-11-30 | $473.7M |
| 2024-08-31 | $452.2M |

## 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/S000041781.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.