CIT: flexPATH Index+ Moderate Retirement Fund Class R1 (WFPMRX)
| 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 | 18.46 |
| YTD Return | 4.92% |
| 1-Year Return | 11.12% |
| 5-Year Return | 21.59% |
| 52-Week Low | 16.63 |
| 52-Week High | 18.58 |
| Beta (5Y) | 0.49 |
| Holdings | n/a |
| Inception Date | n/a |
About WFPMRX
flexPATH Index+ Moderate Retirement Fund Class R1 is a target-date series “to-retirement” allocation fund designed to serve participants nearing or in retirement who prefer a moderate risk posture. The strategy uses a diversified, multi-asset approach that blends global equities with core fixed income, inflation-protected securities, and complementary exposures such as real estate and commodities to balance growth potential with volatility management. Asset allocation follows a risk-based glidepath that gradually reduces equity exposure as retirement nears, while maintaining sufficient return drivers for longevity needs. The fund employs an open-architecture framework, selecting and monitoring underlying managers to implement its indexed-plus design, emphasizing low-cost building blocks alongside selective enhancements. Within the broader retirement marketplace, it functions as a professionally managed, single-decision portfolio intended to simplify participant investing, align with typical savings and balance profiles for moderate investors, and provide fiduciary oversight of glidepath and manager selection. This role positions the fund as a core default or choice within defined contribution plans seeking consistency, diversification, and transparency in retirement-focused outcomes.
Performance
WFPMRX had a total return of 11.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.88%.