4 / 5 Stars
5 5 1 5 1
Zacks Investment Research
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 51 Target Date 2036-2040 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 21.79 percent over the past year, 12.14 percent over the past three years, and 15.76 percent over the past five years.
|Trailing Returns||Updated 06.30.2014|
|Year to date||4.5%|
|3 Years (Annualized)||12.1%|
|5 Years (Annualized)||15.8%|
|10 Years (Annualized)||N/A|
The investment seeks high total return over time through a combination of capital appreciation and income. The fund is a "fund of funds" that invests in Institutional Class shares of other funds of the Trust and potentially in other investment pools or investment products. The fund expects to allocate approximately 90.00% of its assets to equity underlying funds and 10.00% of its assets to fixed-income underlying funds. These allocations represent targets for equity and fixed-income asset classes. Target allocations will change over time and actual allocations may vary up to 10% from the targets.
Fees are Average compared to funds in the same category.
TIAA-CREF Lifecycle 2040 Retirement Fund has an expense ratio of 0.15 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.