CIT: flexPATH Index+ Moderate 2055 Fund Class R1 (WFPMEX)
| 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 | 32.32 |
| YTD Return | 11.02% |
| 1-Year Return | 22.23% |
| 5-Year Return | 62.21% |
| 52-Week Low | 26.44 |
| 52-Week High | 32.73 |
| Beta (5Y) | 0.89 |
| Holdings | n/a |
| Inception Date | n/a |
About WFPMEX
The flexPATH Index Plus Moderate 2055 Fund Class R1 is a target date collective investment fund designed to provide investors with professional management and broad diversification over a long investment horizon. Its primary function is to serve individuals saving for retirement, with portfolios managed and adjusted to balance growth and risk as the target retirement year—in this case, 2055—approaches. The fund employs a diversified allocation of stocks, bonds, and other assets, initially emphasizing more growth-oriented equities and gradually shifting towards more conservative fixed income holdings over time. Notable features include its use of open-architecture manager selection and multiple glidepaths, allowing for adaptation to varying risk tolerances as participants’ needs evolve. The fund is overseen by Wilmington Trust and emphasizes both flexibility and cost-efficiency, catering to the needs of retirement plan sponsors and participants. Its significance in the market lies in its role as part of a professionally managed, retirement-oriented, index-based fund family designed to streamline the investment process and foster long-term retirement readiness for a wide range of investors.
Performance
WFPMEX had a total return of 22.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.03%.