3 / 5 Stars
4 4 5 2 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#46 in Conservative Allocation
U.S. News evaluated 183 Conservative Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 5.91 percent over the past year, 6.31 percent over the past three years, 12.59 percent over the past five years, and 4.86 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.3%|
|3 Years (Annualized)||6.3%|
|5 Years (Annualized)||12.6%|
|10 Years (Annualized)||4.9%|
The investment seeks income as a primary objective and long-term growth of capital as a secondary objective. The fund is a fund of funds-it invests in other mutual funds. It is managed as an asset allocation program and allocates its assets primarily among Legg Mason-affiliated mutual funds. The fund seeks to maintain a Target Allocation (that is, its percentage allocation between equity-oriented funds and fixed income-oriented funds) of 30% in underlying funds that invest principally in equity securities and 70% in underlying funds that invest principally in fixed income securities. It is non-diversified.
Fees are Average compared to funds in the same category.
Legg Mason Lifestyle Allocation 30% has an expense ratio of 0.54 percent.
Risk is Average compared to funds in the same category according to Morningstar.