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The Best Target-Date Series

A surprise retirement and our updated methodology lead to a shake-up of series with Morningstar Analyst Ratings of Gold.

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Target-date strategies play a central role in many Americans' retirement success by often serving as the default investment option in their defined-contribution retirement plans. At the end of March, assets in target-date mutual funds and collective investment trusts totaled approximately $1.9 trillion, up from $1.7 trillion at the end of 2018 but down from its peak of $2.2 trillion before the coronavirus-driven bear market in the first quarter.

The recently published 2020 Target-Date Strategy Landscape covers trends shaping target-date strategies and reviews their performance during the onset of the most recent bear market. (Morningstar Direct and Office clients can find the full report here.)

Jason Kephart does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.

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