Invesco Balanced-Risk Retirement 2050 Fund Class R6 (TNEFX)
| 9.05 Net Asset Value | +0.44% 1 Day | +9.83% Year-to-Date | Overall Morningstar Rating |
| Target date 2046-2050 Style or Category | No Load Sales Expenses | 1.83% 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. The fund 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.
Performance
| 1 month | +0.56% | 3 years | -- | |
| 3 months | +6.35% | 5 years | -- | |
| 1 year | +10.98% | Since inception | +7.24% |
Data through --
Peer Comparisonvs. Target date 2046-2050
| TNEFX | Category | |
|---|---|---|
| Performance 5-yr return | -- | +14.69% |
| Expense ratio | 1.83% | 1.08% |
| Risk 5 year sharpe ratio | 1.42 | 1.11 |
| Net assets | $44.4M | $591.5M |
| Average market cap | -- | $31.7B |
| Average P/E | -- | 17.8 |
| Portfolio turnover | 93% | 93% |
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Fund Management and Purchase Info
| Fund family | Invesco |
| Fund manager & tenure | Mark Ahnrud / 4 Years |
| Minimal initial investment | $10,000,000.00 |
| Minimum IRA investment | $1,000,000.00 |
Holdings
| Fixed income | 58.09% |
| International stock | 25.27% |
| Cash | 16.64% |
| U.S. stock | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- Invesco Balanced-Risk Agrsv Allc | 86.40% |
| ALLFX Invesco Balanced-Risk Allc R6 | 13.07% |
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