5 / 5 Stars
5 5 2 5 3
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
U.S. News evaluated 50 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 24.79 percent over the past year, and 13.87 percent over the past three years.
|Trailing Returns||Updated 11.30.2013|
|Year to date||22.5%|
|3 Years (Annualized)||13.9%|
|5 Years (Annualized)||N/A|
|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. It has a policy of investing at least 80% of its assets (net assets, plus the amount of any borrowings for investment purposes) in underlying funds that are managed to seek investment returns that track particular market indices. 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.
Fees are Below Average compared to funds in the same category.
TIAA-CREF Lifecycle Index 2040 Fund has an expense ratio of 0.34 percent.
Risk is Average compared to funds in the same category according to Morningstar.