ING Global Target Payment Fund

Scorecard
3 / 5 Stars
Lipper
4 3 3 2 1
Zacks Investment Research
4 (Sell)
Standard & Poor's
---
TheStreet.com
D+ (Sell)

U.S. News evaluated 60 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all ING Funds funds

See full Retirement Income rankings

See more fund rankings

Performance

The fund has returned 10.16 percent over the past year, 6.40 percent over the past three years, and 15.04 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.5%
1 Year 10.2%
3 Years (Annualized) 6.4%
5 Years (Annualized) 15.0%
10 Years (Annualized) N/A

See more IGPIX performance

Summary

The investment seeks to meet the managed payment policy of the fund, while seeking to preserve investors' capital over the long term. The fund seeks to achieve its investment objectives through a combination of strategic allocation to a diversified portfolio of ING funds ("underlying funds") invested in global equity; fixed-income, which may include floating rate loans and emerging markets debt; and real estate securities; combined with a managed payment policy. The Managed Payment Policy is designed to provide 12 level monthly payments throughout each calendar year.

Fees

Fees are Average compared to funds in the same category.
ING Global Target Payment Fund has an expense ratio of 0.28 percent.

See more IGPIX fees

Risk

Risk is High compared to funds in the same category according to Morningstar.

See more IGPIX risk