2 / 5 Stars
2 2 3 1 5
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
#22 in Retirement Income
U.S. News evaluated 61 Retirement Income 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 3.83 percent over the past year, 4.34 percent over the past three years, 6.99 percent over the past five years, and 4.39 percent over the past decade.
|Trailing Returns||Updated 03.31.2014|
|Year to date||2.0%|
|3 Years (Annualized)||4.3%|
|5 Years (Annualized)||7.0%|
|10 Years (Annualized)||4.4%|
The investment seeks income and capital appreciation. The fund normally invests approximately 75% of its total assets in fixed-income securities considered by the Manager or sub-advisor to be investment grade at the time of purchase. Under normal circumstances, the Manager seeks to maintain a weighted average duration of three to seven years in the investment grade fixed-income portion of the fund. The sub-advisor invests in convertible securities but may invest up to 60% of its portion of the fund's total assets in non-convertible fixed-income securities.
Fees are High compared to funds in the same category.
American Beacon Retirement Income and Appreciation Fund has an expense ratio of 1.23 percent.
Risk is Low compared to funds in the same category according to Morningstar.