This story originally appeared on Zacks
If you’ve been stuck searching for Mutual Fund Equity Report funds, consider T. Rowe Price Retirement Balanced (TRRIX) as a possibility. TRRIX bears a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past performance.
History of Fund/Manager
T. Rowe Price is based in Baltimore, MD, and is the manager of TRRIX. T. Rowe Price Retirement Balanced debuted in September of 2002. Since then, TRRIX has accumulated assets of about $1.95 billion, according to the most recently available information. A team of investment professionals is the fund’s current manager.
Obviously, what investors are looking for in these funds is strong performance relative to their peers. This fund carries a 5-year annualized total return of 8.14%, and is in the top third among its category…