The Best Target Retirement Date Mutual Funds
The table below compares the performance and other essential indicators like dividend yield and expense ratio of Target Retirement Date mutual funds.
Target Retirement Date mutual funds, also known as target-date funds or lifecycle funds, are a type of investment vehicle designed to simplify retirement planning for investors. These funds gradually adjust their asset allocation based on a predetermined retirement date, automatically shifting from a more aggressive, growth-oriented portfolio to a more conservative, income-focused portfolio as the retirement date approaches.
When an investor is further from retirement, the target-date fund allocates a larger portion of its assets to equities with higher growth potential and risk. As the retirement date nears, the fund gradually shifts its allocation towards fixed-income securities and cash equivalents to prioritize capital preservation and income generation.
- Number of Funds
- 675
- Avg. Expense Ratio
- 0.42%
- Avg. Yield
- 5.36%
- Avg. 1 Year Return
- 31,278.71%
- Median Risk/Return Score
- 64 / 100
The Best Target Retirement Date Mutual Funds
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Risk vs. Return Scatterplot
The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.
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5 Years
Best Target Retirement Date Mutual funds by Risk/Return Score
The top Target Retirement Date Mutual funds by PortfoliosLab Risk/Return Score are PADLX (86) and FRKMX (85).
The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.
| Symbol | Name | Risk / Return Rank | AUM | Inception |
|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | |
| Fidelity Managed Retirement Income Fund Class K | 85 | — | Aug 2019 | |
| Fidelity Managed Retirement Income Fund Class K6 | 85 | — | Aug 2019 | |
| Fidelity Managed Retirement 2020 Fund | 85 | — | Dec 2007 | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 |
Best-Performing Target Retirement Date Mutual funds Over 5 Years
The top Target Retirement Date Mutual funds is FRKMX (1,016.85%).
Across the lineup, Target Retirement Date Mutual funds show an average 1-year return of 31,278.71% and an average 5-year return of 11.26%, providing a clearer view of performance across different investment horizons.
| Symbol | Name | Return 5Y | AUM | Inception |
|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 1,016.85% | — | Aug 2019 | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 609.20% | — | Aug 2007 | |
| Fidelity Managed Retirement 2020 Fund | 597.67% | — | Dec 2007 | |
| Fidelity Managed Retirement Income Fund Class K6 | 596.10% | — | Aug 2019 | |
| Prudential Day One 2050 Fund | 12.98% | — | Dec 2016 |
Lowest-Cost Target Retirement Date Mutual funds
The top Target Retirement Date Mutual funds is LTRIX (0.01%).
With an average expense ratio of 0.42%, Target Retirement Date Mutual funds remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.
| Symbol | Name | Expense Ratio | AUM | Inception |
|---|---|---|---|---|
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 |
Highest-Yield Target Retirement Date Mutual funds
The top Target Retirement Date Mutual funds is FRKMX (103.36%).
Across the lineup, Target Retirement Date Mutual funds show an average dividend yield of 5.36%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.
| Symbol | Name | Dividend Yield | AUM | Inception |
|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 103.36% | — | Aug 2019 | |
| Fidelity Managed Retirement Income Fund Class K6 | 103.07% | — | Aug 2019 | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 102.97% | — | Aug 2007 | |
| Fidelity Managed Retirement 2020 Fund | 102.87% | — | Dec 2007 | |
| Fidelity Flex Freedom Blend 2020 Fund | 30.90% | — | Jun 2017 |
Top Mutual funds Categories
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Top Mutual funds Comparisons
Compare the top Mutual funds symbols based on PortfoliosLab usage data.
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