DATA AS OF 11/30/2016
DATA AS OF 11/30/2016
The fund seeks the highest total return (that is, a combination of income and long-term capital appreciation) over time consistent with its asset mix. The fund will seek to reduce volatility as a secondary objective from the five years before until five years after the fund's target retirement date of 2045 (the "Dynamic Rebalancing Period").
|Net Assets||$29.57 Million (All Share Classes)|
|Sub-Adviser||QS Investors, LLC|
|Primary Benchmark||Dow Jones Target 2045 Index|
|Morningstar Category||Target-Date 2045|
|Lipper Category||Mixed-Asset Target 2045|
|Inception Dates|| Class R1 - 03/02/2015
Class R6 - 03/02/2015
|Number of Holdings||7|
|Portfolio Turnover||3% (10/31/2015)|
|30-Day SEC Yield|| Class R1 - 1.14%
Class R6 - 1.78%
|12-Month Distribution Yield|| Class R1 - 0.61%
Class R6 - 0.75%
Adam J. Petryk, CFA
ClearTrackSM Target Date Funds offer one-step retirement options that make it easy to achieve the right investment balance as investors journey both to and through retirement.
Formed in 1999 within a large asset management firm, QS Investors, LLC is a New York-based investment firm providing asset management and advisory services to a diverse array of institutional clients.
QS Investors delivers disciplined and systematic solutions that address clients’ complex investment challenges. The team has developed approaches to integrating quantitative and behavioral investment insights and dynamically weighting opportunities in response to changing conditions in the economy and the market. QS Investors offers a broad spectrum of strategies which includes actively managed US and Global equities, Liquid Alternatives, and Customized Solutions.
QS Investors is a wholly-owned affiliate of Legg Mason, Inc. Mason, Inc.
|Fund Name||% of Holdings|
|Schwab U.S. Large-Cap ETF||50.13%|
|Vanguard FTSE Developed Markets ETF||25.37%|
|Schwab U.S. Small-Cap ETF||6.69%|
|Schwab U.S. REIT ETF||4.91%|
|iShares JPMorgan USD Emerging Markets Bond ETF||4.89%|
|Vanguard FTSE Emerging Markets ETF||2.97%|
|iShares Core U.S. Aggregate Bond ETF||2.94%|
|State Street Bank & Trust Co., 0.03%, due 12/01/2016||2.10%|
|Percentage of total portfolio||100.00%|
|Weighted Average Market Cap||$44.03 Billion|
|Median Market Cap||$44.03 Billion|
|Real Estate Sector Equity||4.91%|
|Emerging Markets Fixed Income||4.89%|
|Emerging Markets Equity||2.97%|
|U.S. Fixed Income||2.94%|