| Scorecard |
|---|
|
2 / 5 Stars
|
|
Lipper
4
4
2
2
2
|
|
Zacks Investment Research
2
(Buy)
|
|
Standard & Poor's
3 / 5 Stars
|
|
TheStreet.com
C-
(Hold)
|
#20 in Target Date 2026-2030
U.S. News evaluated 45 Target Date 2026-2030 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 13.00 percent over the past year, 9.30 percent over the past three years, and 3.84 percent over the past five years.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 8.5% |
| 1 Year | 13.0% |
| 3 Years (Annualized) | 9.3% |
| 5 Years (Annualized) | 3.8% |
| 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 23% (within a range of 18% to 28%) of its assets in underlying fixed-income funds and approximately 77% (within a range of 72% to 82%) of its assets in underlying equity funds. The underlying equity funds may consist of approximately 18% (within a range of 13% to 23%) of international equity funds.
Fees
Fees are Above Average compared to funds in the same category.
MainStay Retirement 2030 Fund has an expense ratio of 0.37 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
