CIT: flexPATH Index+ Moderate 2045 Fund Class R1 (WFPMDX)
| 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 | 30.03 |
| YTD Return | 9.61% |
| 1-Year Return | 19.44% |
| 5-Year Return | 53.10% |
| 52-Week Low | 25.18 |
| 52-Week High | 30.37 |
| Beta (5Y) | 0.82 |
| Holdings | n/a |
| Inception Date | n/a |
About WFPMDX
flexPATH Index+ Moderate 2045 Fund Class R1 is a target-date collective investment trust designed for participants planning to retire around 2045. It pursues a professionally managed, diversified asset allocation that gradually shifts along a risk-based glidepath, reducing equity exposure over time to balance long-term growth with increasing capital preservation needs as retirement approaches. The strategy combines global equities—potentially including commodities and real estate investment trusts for added diversification—with fixed income such as U.S. inflation-protected bonds and other debt securities to moderate volatility. The fund’s objective is to provide a streamlined path to retirement by aligning portfolio risk with an investor’s time horizon, using multiple glidepaths to accommodate different risk preferences. It operates with an open-architecture approach to underlying fund selection and oversight, incorporating independent manager research and monitoring to support implementation quality. According to related materials, the structure invests through affiliated separate accounts into the underlying commingled trust managed with advisory by BlackRock Institutional Trust Company and subadvised by flexPATH Strategies. Overall, it serves as a turnkey, age-based core holding in employer-sponsored retirement plans.
Performance
WFPMDX had a total return of 19.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.85%.