| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
4
4
3
2
1
|
|
Zacks Investment Research
3
(Hold)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
C-
(Hold)
|
#14 in Target Date 2016-2020
U.S. News evaluated 46 Target Date 2016-2020 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 11.40 percent over the past year, 8.78 percent over the past three years, and 4.39 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 7.0% |
| 1 Year | 11.4% |
| 3 Years (Annualized) | 8.8% |
| 5 Years (Annualized) | 4.4% |
| 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. The fund seeks to achieve its investment objective by normally investing approximately 39% (within a range of 34% to 44%) of its assets in underlying fixed-Income funds and approximately 61% (within a range of 56% to 66%) of its assets in underlying equity funds. The underlying equity funds may consist of approximately 14% (within a range of 9% to 19%) of international equity funds.
Fees
Fees are Low compared to funds in the same category.
MainStay Retirement 2020 Fund has an expense ratio of 0.37 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
