Target Conservative Allocation B
Target Asset Allocation FundsGateway Center Three, 4th Floor 100 Mulberry StreeNewark DE 07102
Map
Phone: 800-225-1852
| Category: | Conservative Allocation | | Fund Family: | Target Program | | Net Assets: | 113.79M | | Year-to-Date Return: | 4.27% | | Yield: | 0.53% | | Morningstar Rating: |  | | Fund Inception Date: | Nov 17, 1998 |
|
Chris P. Dialynas
Lead Manager since May 29, 2000 | | | Mr. McKinney has fourteen years of experience in equity research, financial analysis, and investment banking. Mr. McKinney is currently the product team lead for the NFJ Global Dividend Value investment strategy. Prior to joining NFJ Investment Group, an advisory affiliate of AGI Capital, in 2006, Mr. McKinney was an equity analyst covering the energy sector for Evergreen Investments in Boston. He began his career as an investment banking analyst at Alex. Brown & Sons in 1996. Prior to attending business school, he served as a Vice President in equity research at Merrill Lynch in New York, and also worked as an equity analyst at Morgan Stanley. Mr. McKinney earned his M.B.A. from the Wharton School of the University of Pennsylvania and his B.A. in Economics from Dartmouth College. |
| Min Initial Investment: | 2,500 | | Min Initial Investment, IRA: | 1,000 | | Min Initial Investment, AIP: | 50 | | Min Subsequent Investment: | 100 | | Min Subsequent Investment, IRA: | 100 | | Min Subsequent Investment, AIP: | 50 |
|
| |
| The investment seeks current income and reasonable level of capital appreciation.
The fund invests in a mix of equity and fixed-income securities appropriate for a particular type of investor. It may serve as the cornerstone of a larger investment portfolio. The fund may be appropriate for investors, such as those in early retirement, who need to draw income from investments while obtaining a measure of long-term capital growth as a hedge against inflation. Its focus on bonds for greater stability of principal also makes it suitable for conservative investors seeking income and modest growth, especially those concerned about market volatility. |
| Last Dividend
(Dec 19, 2012)
:
| 0.06 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 248.00% | | Average for Category: | 96.51% |
|
| Expense | PBCFX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 2.29% | 0.91% | | Prospectus Net Expense Ratio: | 2.29% | N/A | | Prospectus Gross Expense Ratio: | 2.29% | N/A | | Max 12b1 Fee: | 1.00% | N/A | | Max Front End Sales Load: | N/A | 4.95% | | Max Deferred Sales Load:
| 5.00% | 2.47% | | 3 Yr Expense Projection*: | 1,015 | 594 | | 5 Yr Expense Projection*: | 1,325 | 927 | | 10 Yr Expense Projection*: | 2,368 | 1,857 |
|
|
0.02(0.17%) May 23