This series, which the topnotch management team at T. Rowe Price Retirement manages identically to the T. Rowe Price Retirement Series, has capably begun the transition to its new equity glide path, the result of an exhaustive research effort that demonstrated the firm’s vast capabilities. Confidence in the team’s execution drives a Morningstar Analyst Rating upgrade to Gold for the series’ cheapest share classes, while others range from Silver to Neutral.
Will MMFHX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMFHX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MMFHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MMFHX’s parent organization’s priorities and whether they’re in line with investors’ interests.