Target Managed Allocation Fund Quote
| UTMAX Fund | USD 9.94 0.10 1.02% |
Performance5 of 100
| Odds Of DistressLess than 20
|
Target Managed is trading at 9.94 as of the 23rd of April 2024; that is 1.02 percent up since the beginning of the trading day. The fund's open price was 9.84. Target Managed 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 Managed Allocation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of February 2024 and ending today, the 23rd of April 2024. Click here to learn more.
The fund invests primarily in U.S. andor foreign equity securities, fixed-income securities, and real estate securities, including real estate investment trusts . Consistent with its investment strategy, the fund also may invest in derivatives, including futures and options contracts, as well as American depositary receipts .. More on Target Managed Allocation
Moving together with Target Mutual Fund
| 0.96 | UICGX | Capital Growth | PairCorr |
| 0.93 | UIEMX | Emerging Markets | PairCorr |
| 0.93 | UIIFX | International Fund | PairCorr |
| 0.96 | UIGIX | Growth Me Fund | PairCorr |
| 0.9 | UIGRX | Growth Fund Growth | 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 Managed's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Target Managed or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | USAA Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, USAA (View all Sectors) |
| Update Date | 31st of March 2024 |
Target Managed Allocation [UTMAX] is traded in USA and was established 23rd of April 2024. Target Managed is listed under USAA category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of USAA family. This fund at this time has accumulated 461.1 M in net assets with no minimum investment requirementsTarget Managed Allocation is currently producing year-to-date (YTD) return of 3.25% with the current yeild of 0.01%, while the total return for the last 3 years was 1.8%.
Check Target Managed 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 Managed Allocation 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 Managed Allocation Mutual Fund Constituents
| VO | Vanguard Mid Cap Index | Etf | Mid-Cap Blend |
| VNQ | Vanguard Real Estate | Etf | Real Estate |
| XLP | Consumer Staples Select | Etf | Consumer Defensive |
| IJH | iShares Core SP | Etf | Mid-Cap Blend |
| JNK | SPDR Bloomberg High | Etf | High Yield Bond |
| BSV | Vanguard Short Term Bond | Etf | Short-Term Bond |
| VEA | Vanguard FTSE Developed | Etf | Foreign Large Blend |
Target Managed Target Price Odds Analysis
Based on a normal probability distribution, the odds of Target Managed jumping above the current price in 90 days from now is about 54.59%. The Target Managed Allocation probability density function shows the probability of Target Managed mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Target Managed Allocation has a beta of -0.0204. This usually implies as returns on the benchmark increase, returns on holding Target Managed are expected to decrease at a much lower rate. During a bear market, however, Target Managed Allocation is likely to outperform the market. Additionally, target Managed Allocation has an alpha of 0.063, implying that it can generate a 0.063 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Target Managed to move above the current price in 90 days from now is about 54.59 (This Target Managed Allocation probability density function shows the probability of Target Mutual Fund to fall within a particular range of prices over 90 days) .
Target Managed Top Holders
| URSIX | Target Retirement 2060 | Mutual Fund | Target-Date 2060+ |
| URINX | Target Retirement Income | Mutual Fund | Target-Date Retirement |
| URTRX | Target Retirement 2030 | Mutual Fund | Target-Date 2030 |
| UCEQX | Cornerstone Equity Fund | Mutual Fund | World Large-Stock Blend |
| USCCX | Cornerstone Servative Fund | Mutual Fund | Allocation--15% to 30% Equity |
| URFRX | Target Retirement 2040 | Mutual Fund | Target-Date 2040 |
| URFFX | Target Retirement 2050 | Mutual Fund | Target-Date 2050 |
Target Managed Allocation Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Target Managed market risk premium is the additional return an investor will receive from holding Target Managed 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 Managed. 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 Managed's alpha and beta are two of the key measurements used to evaluate Target Managed's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5166 | |||
| Semi Deviation | 0.5449 | |||
| Standard Deviation | 0.6387 | |||
| Variance | 0.408 |
Target Managed Against Markets
Picking the right benchmark for Target Managed 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 Managed 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 Managed is critical whether you are bullish or bearish towards Target Managed Allocation at a given time. Please also check how Target Managed'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 Managed 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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Risk-Return AnalysisView associations between returns expected from investment and the risk you assume |
| All Next | Launch Module |
How to buy Target Mutual Fund?
Before investing in Target Managed, 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 Managed. To buy Target Managed fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Target Managed. 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 Managed fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Target Managed Allocation 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 Managed Allocation 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 Managed Allocation, 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 Managed Allocation?
The danger of trading Target Managed Allocation 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 Managed 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 Managed. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Target Managed Allocation 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 Managed Allocation. 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 nation. Note that the Target Managed Allocation information on this page should be used as a complementary analysis to other Target Managed's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.