Retirement Income mutual funds are popular among retiree or conservative investors. These funds provide income and growth opportunity.
These retirement income funds provide a mix of stocks, bonds and cash for those investors already in or entering retirement. These mutual funds tend to be more conservative than other target date mutual funds or other asset allocation strategy. These portfolios aim to provide investors with steady income throughout retirement.
Popular Mutual Funds
These retirement income funds are sorted based on its year to date performance. These bond funds may be ranked as the best funds in corporate bond category. I have provided the fund review information such as yield, management, objective, expense ratio fee, holdings, top sectors, etc.
Best performing retirement income mutual funds 2014 are:
- Vanguard Managed Payout Fund (VPGDX)
- Pimco Real Retirement Income And Distribution Fund (PTNAX)
- Putnam Retirement Income Lifestyle Fund (PISFX)
- American Century One Choice In Retirement Fund (ARTOX)
- Voya Solution Income Fund (ISWAX)
- Schwab Monthly Income Fund Moderate Payout Fund (SWJRX)