4 / 5 Stars
5 5 5 5 4
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
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 11.69 percent over the past year, and 7.55 percent over the past three years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.0%|
|3 Years (Annualized)||7.6%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks high total return over time primarily through income, with a secondary emphasis on capital appreciation. The fund is a "fund of funds" that invests in Institutional Class shares of other funds of the Trust and potentially in other investment pools or investment products. It has a policy of investing at least 80% of its assets in underlying funds that are managed to seek investment returns that track particular market indices. The fund expects to allocate approximately 40.00% of its assets to equity underlying funds and 60.00% of its assets to fixed-income underlying funds.
Fees are Average compared to funds in the same category.
TIAA-CREF Lifecycle Index Retirement Income Fund has an expense ratio of 0.20 percent.
Risk is Average compared to funds in the same category according to Morningstar.