3 / 5 Stars
2 2 1 4 4
Zacks Investment Research
Standard & Poor's
3 / 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 19.11 percent over the past year, 9.36 percent over the past three years, 13.81 percent over the past five years, and 6.02 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||5.5%|
|3 Years (Annualized)||9.4%|
|5 Years (Annualized)||13.8%|
|10 Years (Annualized)||6.0%|
The investment seeks to approximate, before fees and expenses, the total return of the Dow Jones Target 2040 IndexSM. The fund invests at least 80% of the fund's total assets in equity, fixed income and money market securities designed to approximate the holdings and weightings of the securities in the Dow Jones Target 2040 IndexSM. As of February 28, 2013, the Dow Jones Target 2040 IndexSM included equity, fixed income and money market securities in the weights of 86%, 10% and 4%.
Fees are High compared to funds in the same category.
Wells Fargo Advantage Dow Jones Target 2040 Fund has an expense ratio of 1.67 percent.
Risk is Average compared to funds in the same category according to Morningstar.