Mutual fund
T. Rowe Price Retirement 2050 Fund
TickerTRRMX
Fund manager
T. Rowe Price

Fossil fuel companiesare fueling the climate crisis.

Fossil fuel exposure of 8.41% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
TotalEnergies SE
Carbon Underground 200Top 200 carbon reserves
$49.94 MILLION
Southern Co
Macroclimate 30Top 30 coal-fired power
$42.37 MILLION
American Electric Power Co Inc
Macroclimate 30Top 30 coal-fired power
$16.2 MILLION
Xcel Energy Inc
Macroclimate 30Top 30 coal-fired power
$15.64 MILLION
Duke Energy Corp
Macroclimate 30Top 30 coal-fired power
$13.43 MILLION
Exxon Mobil Corp
Carbon Underground 200Top 200 carbon reserves
$12.91 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
74
holdings
$182.35M
invested
2.91%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
53
holdings
$110M
invested
1.76%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
133
holdings
$304.88M
invested
4.87%
of portfolio
Utility sector
Top 30 coal-fired utilities
Top 30 coal-fired utilities
Macroclimate 30
13
holdings
$112.23M
invested
1.79%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
69
holdings
$273.18M
invested
4.36%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
213 holdings
213 holdings
  • 1. TotalEnergies SE
    Carbon Underground 200Oil/gas industry
    $49.94M
    0.8%
  • 2. Southern Co
    Macroclimate 30Fossil-fired utility
    $42.37M
    0.68%
  • 3. Dominion Energy Inc
    Coal industryFossil-fired utility
    $28.55M
    0.46%
  • 4. Sempra Energy
    Oil/gas industryFossil-fired utility
    $25.32M
    0.4%
  • 5. American Electric Power Co Inc
    Coal industryMacroclimate 30Fossil-fired utility
    $16.2M
    0.26%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
T. Rowe Price Retirement 2050 Fund $TRRMX is 8.41% invested in fossil fuel stocks, with $526.81 MILLION invested across 213 equity holdings
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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: 8/31/22
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 
-3.71% less in annualized returns
Less invested in fossil fuels 
1.13% less invested
Less invested in Clean200 
9.08% 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: 8/31/22
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 
-3.71% less in annualized returns
Less invested in fossil fuels 
1.13% less invested
Less invested in Clean200 
9.08% 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: 8/31/22
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 
-3.71% less in annualized returns
Less invested in fossil fuels 
1.13% less invested
Less invested in Clean200 
9.08% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
TRRMX - T. Rowe Price Retirement 2050 Fund
-18.08%
7.15%
6.82%
9.31%
8.41% 
Benchmark
IVV - iShares Core S&P 500 ETF
-11.25%
12%
12%
13%
9.54% 
Fund compared to benchmark
 
-6.82%
-5.21%
-4.97%
-3.71%
1.13%  lower
Find more financial data on TRRMX at Morningstar.com
What's next?
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