MainStay Retirement 2020 Fund

Scorecard
3 / 5 Stars
Lipper
4 5 3 3 1
Zacks Investment Research
2 (Buy)
Standard & Poor's
4 / 5 Stars
TheStreet.com
C+ (Hold)

U.S. News evaluated 52 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.

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Performance

The fund has returned 14.53 percent over the past year, 8.78 percent over the past three years, and 16.06 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.3%
1 Year 14.5%
3 Years (Annualized) 8.8%
5 Years (Annualized) 16.1%
10 Years (Annualized) N/A

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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 43% (within a range of 33% to 53%) of its assets in underlying fixed-income funds and approximately 57% (within a range of 47% to 67%) of its assets in Underlying Equity Funds. The underlying equity funds may consist of approximately 13% (within a range of 3% to 23%) of international equity funds.

Fees

Fees are Low compared to funds in the same category.
MainStay Retirement 2020 Fund has an expense ratio of 0.12 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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