4 / 5 Stars
5 5 4 3 1
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
U.S. News evaluated 42 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.
The fund has returned 8.68 percent over the past year, 7.62 percent over the past three years, and 12.16 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-0.9%|
|3 Years (Annualized)||7.6%|
|5 Years (Annualized)||12.2%|
|10 Years (Annualized)||N/A|
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 59% (within a range of 49% to 69%) of its assets in underlying fixed-income funds and approximately 41% (within a range of 31% to 51%) of its assets in underlying equity funds. The underlying equity funds may consist of approximately 8% (within a range of 0% to 20%) of international equity funds.
Fees are Low compared to funds in the same category.
MainStay Retirement 2010 Fund has an expense ratio of 0.12 percent.
Risk is Average compared to funds in the same category according to Morningstar.