4 / 5 Stars
5 5 5 5 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
4 / 5 Stars
#2 in Retirement Income
U.S. News evaluated 62 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 10.28 percent over the past year, and 9.01 percent over the past three years.
|Trailing Returns||Updated 05.31.2013|
|Year to date||3.7%|
|3 Years (Annualized)||9.0%|
|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 invests in underlying funds according to a relatively stable asset allocation strategy that will not gradually adjust over time and is designed for investors who are already in or entering retirement. The fund 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.
Fees are Low compared to funds in the same category.
TIAA-CREF Lifecycle Index Retirement Income Fund has an expense ratio of 0.06 percent.
Risk is Average compared to funds in the same category according to Morningstar.