USAA Target Retirement 2040 Fund

Class No Load (URFRX)
Scorecard
3 / 5 Stars
Lipper
2 2 2 4 3
Zacks Investment Research
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Standard & Poor's
3 / 5 Stars
TheStreet.com
C- (Hold)

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.

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Performance

The fund has returned 18.32 percent over the past year, 8.96 percent over the past three years, and 14.16 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.2%
1 Year 18.3%
3 Years (Annualized) 9.0%
5 Years (Annualized) 14.2%
10 Years (Annualized) N/A

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Summary

The investment seeks capital appreciation and current income consistent with its current investment allocation. The fund invests in a selection of USAA mutual funds (underlying USAA Funds) in a manner consistent with its current asset allocation as depicted in the lifestyle transition path below. It reserves the right to change its target date asset allocation as well as the lifestyle transition path at any time. However, it is currently anticipated that at its target date, the fund's asset allocation will consist of approximately 30% equity/alternative, 60% fixed income, and 10% cash and ultra short.

Fees

Fees are Average compared to funds in the same category.
USAA Target Retirement 2040 Fund has an expense ratio of 0.03 percent.

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Risk

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

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