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Target Conservative Allocation B (PBCFX)

11.43 Down 0.02(0.17%) May 23


Profile as of Mar 30, 2013Get Profile for:
Target Conservative Allocation B
Target Asset Allocation FundsGateway Center Three, 4th Floor 100 Mulberry StreeNewark DE 07102
Map
Phone: 800-225-1852
Fund Overview 
Category:Conservative Allocation
Fund Family:Target Program
Net Assets:113.79M
Year-to-Date Return:4.27%
Yield:0.53%
Morningstar Rating:3 stars
Fund Inception Date:Nov 17, 1998
Morningstar Style Box 
Conservative Allocation
[View Category Definition]
View Top Conservative Allocation Funds
About the Morningstar Style Box
Management Information 
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.
Investment Information 
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
PBCFX can be purchased from 45 brokerages.

Fund Summary 
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.

Fund Operations 
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%
Fees & Expenses 
ExpensePBCFXCategory 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/A4.95%
Max Deferred Sales Load: 5.00%2.47%
3 Yr Expense Projection*:1,015594
5 Yr Expense Projection*:1,325927
10 Yr Expense Projection*:2,3681,857
* Per $10,000 invested