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Mutual of America Institutional Funds Inc Equity Index Fund (MAEQX)

9.78
Net Asset Value
-0.57%
1 Day
+3.90%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.63%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks investment results that correspond to the investment performance of the S&P 500  Index. The fund invests primarily in the 500 common stocks included in the S&P 500  Index to replicate, to the extent practicable, the weightings of such stocks in the index. The fund also purchases futures contracts on the S&P 500  Index to invest available cash to attempt to efficiently and cost effectively keep the fund fully invested on a daily basis in an attempt to minimize deviation from the performance of the S&P 500  Index. Under normal circumstances, at least 80% of the fund's total assets are invested in securities included in the S&P 500  Index.

Performance

1 month-0.87% 3 years+10.53%
3 months+2.87% 5 years+16.10%
1 year+14.05% Since inception+4.59%
Data through --

Peer Comparisonvs. Large blend

 MAEQXCategory
Performance 5-yr return+16.10%+10.10%
Expense ratio1.63%1.03%
Risk 5 year sharpe ratio1.221.05
Net assets$37.1M$4.1B
Average market cap$74.1B$105.1B
Average P/E19.319.9
Portfolio turnover6%6%

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Fund Management and Purchase Info

Fund familyMutual of America
Fund manager & tenureJamie Zendel / 2 Years
Minimal initial investment$25,000.00
Minimum IRA investment--

Holdings

U.S. stock99.06%
International stock0.64%
Cash0.30%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 16.25%
Energy 12.09%
Industrial materials 11.78%
Consumer goods 11.02%
Healthcare 10.78%
Top 10 Holdings
Portfolio weighting
AAPL Apple2.82%
MSFT Microsoft2.17%
XOM Exxon Mobil2.10%
JNJ Johnson & Johnson1.80%
GE General Electric1.56%
AMZN Amazon1.49%
BRKB Berkshire Hathaway1.47%
IVV Ishares S&P 5001.44%
T AT&T1.44%
FB Facebook1.43%