| Scorecard |
|---|
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3 / 5 Stars
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|
Lipper
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Zacks Investment Research
4
(Sell)
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|
Standard & Poor's
3 / 5 Stars
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TheStreet.com
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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.
Performance
The fund has returned 5.70 percent over the past year, 5.33 percent over the past three years, and 5.35 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 2.2% |
| 1 Year | 5.7% |
| 3 Years (Annualized) | 5.3% |
| 5 Years (Annualized) | 5.3% |
| 10 Years (Annualized) | N/A |
Summary
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
Fees are Above Average compared to funds in the same category.
American Beacon Retirement Income and Appreciation Fund has an expense ratio of 1.14 percent.
Risk
Risk is Low compared to funds in the same category according to Morningstar.
