About MURPX
The MoA Clear Passage 2060 Fund is a target-date mutual fund designed for individuals planning to retire around the year 2060. Managed by Mutual of America Capital Management, the fund strategically reallocates its mix of assets—primarily equities, fixed income, and short-term investments—to align with a long-term retirement horizon, gradually becoming more conservative as the target date approaches. The fund employs active management for small-cap, mid-cap, international equity, and fixed income holdings, while utilizing passive strategies for large-cap equities to balance market participation and expense efficiency. It follows a dynamic allocation glidepath extending ten years beyond the target date, automatically adjusting risk exposure over time. As of March 2025, the fund managed $315 million in assets with an expense ratio of 0.40%. Notably, the MoA Clear Passage 2060 Fund invests in a mix of sectors, including allocations to Clean200 companies focused on sustainable business practices, reflecting its multi-faceted approach to diversification and risk management. This fund plays a significant role in retirement planning by offering a simplified, professionally managed investment solution that adapts to an investor’s evolving needs leading up to and during retirement.
Fund Family Mutual of America
Category Target-Date 2060+
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol MURPX
MURPX had a total return of 12.71% in the past year, including dividends. Since the fund's
inception, the average annual return has been 52.54%.
