Target Retirement Income Fund Quote
| URINX Fund | USD 10.63 0.02 0.19% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Target Retirement is trading at 10.63 as of the 9th of May 2024; that is 0.19% increase since the beginning of the trading day. The fund's open price was 10.61. Target Retirement has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Target Retirement Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of April 2023 and ending today, the 9th of May 2024. Click here to learn more.
The funds current target asset allocation consists of approximately 35 percent of its net assets allocated to underlying affiliated funds that invest primarily in equity securities approximately 65 percent of its net assets allocated to underlying affiliated funds that invest primarily in fixed-income securities.. More on Target Retirement Income
Moving together with Target Mutual Fund
| 0.66 | UINCX | Income Fund Income | PairCorr |
| 0.7 | UINQX | Usaa Nasdaq 100 | PairCorr |
| 0.93 | SRVEX | Victory Diversified Stock | PairCorr |
| 0.77 | UITIX | Usaa Tax Exempt | PairCorr |
Target Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Target Retirement's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Target Retirement or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Victory Capital Funds, Large Blend Funds, Target-Date Retirement Funds, Target-Date Retirement, Victory Capital (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of May 2023 |
| Fiscal Year End | December |
Target Retirement Income [URINX] is traded in USA and was established 9th of May 2024. Target Retirement is listed under Victory Capital category by Fama And French industry classification. The fund is listed under Target-Date Retirement category and is part of Victory Capital family. This fund at this time has accumulated 662.51 M in net assets with minimum initial investment of 500. Target Retirement Income is currently producing year-to-date (YTD) return of 2.26% with the current yeild of 0.03%, while the total return for the last 3 years was 1.33%.
Check Target Retirement Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Target Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Target Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Target Retirement Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Target Retirement Income Mutual Fund Constituents
| UIITX | Intermediate Term Bond Fund | Mutual Fund | Intermediate Core-Plus Bond |
| UIINX | Income Fund Income | Mutual Fund | Intermediate Core-Plus Bond |
| UTMAX | Target Managed Allocation | Mutual Fund | Tactical Allocation |
| USTB | VictoryShares USAA Core | Etf | Short-Term Bond |
| ULVM | VictoryShares Value Momentum | Etf | Large Value |
| UIVM | VictoryShares International Value | Etf | Foreign Large Value |
| UISBX | Short Term Bond Fund | Mutual Fund | Short-Term Bond |
Target Retirement Target Price Odds Analysis
Based on a normal probability distribution, the odds of Target Retirement jumping above the current price in 90 days from now is about 10.98%. The Target Retirement Income probability density function shows the probability of Target Retirement mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Target Retirement has a beta of 0.0391. This usually implies as returns on the market go up, Target Retirement average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Target Retirement Income will be expected to be much smaller as well. Additionally, target Retirement Income has an alpha of 0.0165, implying that it can generate a 0.0165 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Target Retirement to move above the current price in 90 days from now is about 10.98 (This Target Retirement Income probability density function shows the probability of Target Mutual Fund to fall within a particular range of prices over 90 days) .
Target Retirement Income Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Target Retirement market risk premium is the additional return an investor will receive from holding Target Retirement long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Target Retirement. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Target Retirement's alpha and beta are two of the key measurements used to evaluate Target Retirement's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.2867 | |||
| Semi Deviation | 0.3812 | |||
| Standard Deviation | 0.397 | |||
| Variance | 0.1576 |
Target Retirement Against Markets
Picking the right benchmark for Target Retirement mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Target Retirement mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Target Retirement is critical whether you are bullish or bearish towards Target Retirement Income at a given time. Please also check how Target Retirement's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Target Retirement without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Target Mutual Fund?
Before investing in Target Retirement, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Target Retirement. To buy Target Retirement fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Target Retirement. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Target Retirement fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Target Retirement Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Target Retirement Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Target Retirement Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Target Retirement Income?
The danger of trading Target Retirement Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Target Retirement is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Target Retirement. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Target Retirement Income is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Target Retirement Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.