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Lipper
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Zacks Investment Research
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Standard & Poor's
2 / 5 Stars
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TheStreet.com
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U.S. News evaluated 278 Moderate Allocation Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 12.65 percent over the past year.
| Trailing Returns | Updated 05.31.2013 |
|---|---|
| Year to date | 6.6% |
| 1 Year | 12.7% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks current income and, as a secondary objective, long-term capital appreciation. The fund normally invests in a portfolio of U.S.-listed, exchange-traded stocks and bonds, as well as other mutual funds and business development companies ("BDCs"), that the portfolio manager believes offers high current income. It invests primarily in U.S. equity securities but may, to a lesser extent, invest in equity securities of foreign entities. The fund may invest in entities of any size. To the extent that the fund invests in bonds it may invest in bonds of any maturity or credit quality. It is non-diversified.
Fees
Fees are High compared to funds in the same category.
Innovator Matrix Income® Fund has an expense ratio of 1.35 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
