Invesco Balanced-Risk Retirement 2050 Fund Class R6 (TNEFX)

8.00
Net Asset Value
-0.37%
1 Day
-0.12%
Year-to-Date
Overall Morningstar Rating
Target date 2046-2050
Style or Category
No Load
Sales Expenses
1.71%
Expense Ratio
Below Average
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.

Performance

1 month-3.15% 3 years--
3 months-5.10% 5 years--
1 year-1.10% Since inception+5.86%
Data through --

Peer Comparisonvs. Target date 2046-2050

 TNEFXCategory
Performance 5-yr return--+9.81%
Expense ratio1.71%1.03%
Risk 5 year sharpe ratio1.210.98
Net assets$38.8M$673.8M
Average market cap--$32.1B
Average P/E--18.7
Portfolio turnover8%8%

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Fund Management and Purchase Info

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

Holdings

Fixed income53.93%
Cash25.23%
U.S. stock20.84%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 82.69%
ALLFX Invesco Balanced-Risk Allocation Fund Class R616.32%

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