| Scorecard |
|---|
|
4 / 5 Stars
|
|
Lipper
4
4
4
1
2
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
C
(Hold)
|
U.S. News evaluated 38 Target Date 2000-2010 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 9.66 percent over the past year, 7.95 percent over the past three years, and 4.68 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 5.7% |
| 1 Year | 9.7% |
| 3 Years (Annualized) | 8.0% |
| 5 Years (Annualized) | 4.7% |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks to maximize total return over time consistent with its current investment allocation. The fund is a "fund of funds," meaning that it seeks to achieve its investment objective by investing primarily in mutual funds managed by New York Life Investments. It normally invests approximately 52% (within a range of 47% to 57%) of its assets in underlying fixed-Income funds and approximately 48% (within a range of 43% to 53%) of its assets in underlying equity funds. The underlying equity funds may consist of approximately 10% (within a range of 5% to 15%) of international equity funds.
Fees
Fees are Average compared to funds in the same category.
MainStay Retirement 2010 Fund has an expense ratio of 0.72 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
