CIT: flexPATH Index Conservative Retirement Fund Class R1 (WFICRX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 16.36 |
| YTD Return | 4.15% |
| 1-Year Return | 9.85% |
| 5-Year Return | 17.08% |
| 52-Week Low | 14.91 |
| 52-Week High | 16.46 |
| Beta (5Y) | 0.44 |
| Holdings | n/a |
| Inception Date | n/a |
About WFICRX
flexPATH Index+ Conservative Retirement Fund Class R1 is a target date mutual fund designed for retirement savers emphasizing stability and capital preservation. It belongs to the conservative PATH within the flexPATH suite, tailored for investors with high retirement savings rates exceeding 12% and substantial account balances, prioritizing consistent income patterns throughout retirement over aggressive growth. The fund employs a professionally managed, diversified portfolio that automatically adjusts its asset allocation over time via a glidepath, gradually shifting toward lower-risk investments like bonds and cash as the target retirement date approaches. It invests in a mix of global equities, bonds, and traditional inflation hedges such as commodities and TIPS, using low-cost index-based strategies and open-architecture manager selection for broad market exposure across U.S. and non-U.S. stocks, fixed income, and other assets. This Class R1 share class supports retirement plans, offering a simple, hands-off solution for participants seeking reduced volatility in their long-term savings.
Performance
WFICRX had a total return of 9.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.90%.