About MURMX
MoA Clear Passage 2045 Fund USD is a target-date mutual fund managed by Mutual of America, structured to help investors plan for significant future events, most often retirement, around the year 2045. The fund employs a dynamic asset allocation strategy that gradually shifts its holdings to become more conservative as the target date approaches. Initially, it emphasizes growth through a broad mix of asset classes, including large-cap, mid-cap, and small-cap equities, as well as international stocks and fixed income securities. Over time, its allocation reduces equity exposure and increases investments in bonds and other income-producing assets to help preserve capital and manage risk nearing the target year.
The portfolio combines actively managed small-, mid-cap, international equity, and fixed income components with passively managed large-cap equities to balance market participation and cost efficiency. The fund holds a diversified exposure—approximately 88% in stocks and about 11% in bonds, with a small allocation to cash and equivalents. Its glidepath extends ten years beyond the target date, offering a continued risk management approach for investors transitioning into retirement. As a fund of funds, it invests in a suite of other Mutual of America funds, ensuring broad diversification and professional oversight. MoA Clear Passage 2045 Fund USD serves individuals seeking a streamlined, professionally managed investment solution designed to correspond with their long-term retirement objectives.
Fund Family Mutual of America
Category Target-Date 2045
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MURMX
MURMX had a total return of 13.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 51.10%.
