Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Invesco Balanced-Risk Retirement 2040 Fund Class R (TNDRX)

8.01
Net Asset Value
+0.63%
1 Day
-0.12%
Year-to-Date
Overall Morningstar Rating
Target date 2036-2040
Style or Category
No Load
Sales Expenses
2.09%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks to provide total return with a low to moderate correlation to traditional financial market indices, and as a secondary objective, capital preservation. The fund seeks to meet its investment objective by building a portfolio that includes Invesco Balanced-Risk Allocation Fund, Invesco Balanced-Risk Aggressive Allocation Fund and two affiliated money market funds, Liquid Assets Portfolio and Premier Portfolio. It is designed for investors who expect to need all or most of their money in the fund at retirement and for investors who plan to withdraw the value of their account in the fund gradually after retirement. The fund is non-diversified.

Performance

1 month-0.25% 3 years+3.97%
3 months-4.19% 5 years+7.24%
1 year-0.45% Since inception+2.52%
Data through --

Peer Comparisonvs. Target date 2036-2040

 TNDRXCategory
Performance 5-yr return+7.24%+11.62%
Expense ratio2.09%1.01%
Risk 5 year sharpe ratio1.061.02
Net assets$80.8M$1.6B
Average market cap--$33.6B
Average P/E--18.4
Portfolio turnover8%8%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyInvesco
Fund manager & tenureMark Ahnrud / 5 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Fixed income53.67%
Cash27.74%
U.S. stock18.59%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 24.89%
Industrial materials 11.15%
Consumer service 10.45%
Consumer goods 10.14%
Healthcare 9.98%
Top 10 Holdings
Portfolio weighting
-- 50.13%
ALLFX Invesco Balanced-Risk Allocation Fund Class R649.45%