T Rowe Price Retirement Trust Funds - can I download prices for these?

sjtideman
sjtideman Member ✭✭✭
edited November 20 in Investing (Windows)

Windows 11 - R64.35 build 27.1.64.35

I have three TRP retirement funds, and I have them designated as TRRBX, TRRCX, and TRRHX. I had thought this was correct and that somehow Quicken was messing up.

I'm now realizing that my funds are 'Trusts' which I can't seem to pull prices for. I can find the price on the TRP website in my account but really don't want to have to do this manually. Is there a way to designate these to pull the correct prices? If not, should I leave them with no prices, so they don't have a yo-yo effect in my history?

What's the best way to handle this?

Answers

  • sjtideman
    sjtideman Member ✭✭✭

    Apparently they are called Collective Investment Trusts, if that helps.

  • Tom Young
    Tom Young Quicken Windows Subscription SuperUser ✭✭✭✭✭

    All those Ticker Symbols are good - I could add them as securities in Quicken - and T. Rowe Price does apparently allow downloads into Quicken:

    https://www.troweprice.com/rps-static/rws/vgn/static/public/assets/pdf/QuickenFAQs.pdf

    so I don't understand why you're having any trouble here. The "Trusts" aspect is irrelevant.

    So do you have these securities in a Quicken Account or Accounts that are properly connected to the Financial Institution T. Rowe Price?

  • q_lurker
    q_lurker Quicken Windows Subscription SuperUser ✭✭✭✭✭

    I see TRRBX reported on Yahoo Finance with a price of 20.50/sh Nov 19. Is that the value you are seeing on the TRP website for your holding?

    How did you think Quicken was "messing up"?

    Are those securities in you Quicken file (security list, Ctrl-y) checked to 'Download Quotes'?

  • sjtideman
    sjtideman Member ✭✭✭
    https://community.quicken.com/discussion/comment/20523343#Comment_20523343

    The issue is that they are not the right symbols. I've been using them for months. I can't find symbols for the TRUST (which I'm sorry to say is very relevant). If you google "T Rowe Price Fund vs Trust", it will explain.

    The main difference is that

    T. Rowe Price collective investment trusts (CITs) are available exclusively within certain qualified employer-sponsored retirement plans and generally have lower fees than their mutual fund counterparts, which are available to individual investors.

  • sjtideman
    sjtideman Member ✭✭✭
    https://community.quicken.com/discussion/comment/20523369#Comment_20523369

    Nope. The price yesterday for the TRUST was 29.27.

    I thought Quicken was messing up by downloading incorrect amounts, but now I realize that the FUND and the TRUST are not the same thing, and by downloading the quotes automatically for the FUND, I was constantly pulling in the wrong values. Unfortunately, it seems like the only place I can see the actual price is within my account, and there is no ticker symbol for the trust. There is apparently a TRUST version of each FUND… weird.

  • sjtideman
    sjtideman Member ✭✭✭

    I never dreamed that TRP offered any investments whose prices aren't publicly available. But that's what I'm finding.

    T. Rowe Price Collective Investment Trust (CIT)

    T. Rowe Price Mutual Fund

    Pricing/Transparency

    Daily prices may not be publicly available, but data is provided to plan fiduciaries and participants via their plan's recordkeeping platform.

    Daily net asset values (NAV) and performance data are publicly available.

  • Jim_Harman
    Jim_Harman Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited November 20

    Because your 401(k) has the CIT versions of the funds, as you are seeing the share prices are different from the publicly traded versions. Quicken uses the ticker symbol to download quotes from its quote provider for the publicly traded version of the funds, but if the account is set up for transaction downloading, you should get the correct prices from TRP.

    To get these funds to work correctly in Quicken, you should go to Tools > Security list and un-check the Download quotes box for these funds. That will stop the quote downloads from the quote provider. To avoid confusion, you should also change the name, adding "CIT" or something to distinguish it from the public version of the fund, and delete the ticker symbol.

    If you also hold the publicly traded version of any of the funds, please post back for further instructions.

    [adding] These steps should correct the prices going forward, but you may still have incorrect historical prices for these funds. You can see this by clicking on the fund name in the Security list or the account's Holdings view to open the Security Detail view and selecting the Price history graph. If it fluctuates wildly, please post back.

    QWin Premier subscription

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