2 / 5 Stars
4 4 1 2 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
4 / 5 Stars
#11 in Target Date 2046-2050
U.S. News evaluated 50 Target Date 2046-2050 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 16.75 percent over the past year, 9.97 percent over the past three years, and 16.48 percent over the past five years.
|Trailing Returns||Updated 01.31.2014|
|Year to date||-3.4%|
|3 Years (Annualized)||10.0%|
|5 Years (Annualized)||16.5%|
|10 Years (Annualized)||N/A|
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. It seeks to achieve its investment objective by normally investing approximately 10% (within a range of 0% to 20%) of its assets in underlying fixed-income funds and approximately 90% (within a range of 80% to 100%) of its assets in underlying equity funds. The underlying equity funds may consist of approximately 22% (within a range of 12% to 32%) of international equity funds.
Fees are Average compared to funds in the same category.
MainStay Retirement 2050 Fund has an expense ratio of 0.37 percent.
Risk is Below Average compared to funds in the same category according to Morningstar.