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

11.42
Net Asset Value
+0.52%
1 Day
+13.28%
Year-to-Date
Overall Morningstar Rating
Large blend
Style or Category
No Load
Sales Expenses
1.55%
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. It 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+2.33% 3 years+12.98%
3 months+4.05% 5 years+14.58%
1 year+21.79% Since inception+5.28%
Data through --

Peer Comparisonvs. Large blend

 MAEQXCategory
Performance 5-yr return+14.58%+12.91%
Expense ratio1.55%0.99%
Risk 5 year sharpe ratio1.411.26
Net assets$40.7M$5.0B
Average market cap$88.0B$119.0B
Average P/E21.421.9
Portfolio turnover11%11%

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Fund Management and Purchase Info

Fund familyMutual of America
Fund manager & tenureJamie Zendel / 3 Years
Minimal initial investment$25,000.00
Minimum IRA investment--

Holdings

U.S. stock98.59%
International stock0.89%
Cash0.52%
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 Apple3.51%
MSFT Microsoft2.49%
IVV iShares Core S&P 500 ETF2.28%
AMZN Amazon1.80%
FB Facebook1.67%
JNJ Johnson & Johnson1.67%
XOM Exxon Mobil1.60%
JPM JPMorgan Chase1.52%
BRKB Berkshire Hathaway1.51%
GOOGL Google1.29%