SP Funds 2040 Target Date Investor holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
SP Funds 2040 Target Date Fund Investor Shares SPTBX
- NAV / 1-Day Return 27.95 / −1.79 %
- Total Assets 8.5M
-
Adj. Expense Ratio
1.320%
- Expense Ratio 0.850%
- Distribution Fee Level High
- Share Class Type No Load
- Category Target-Date 2040
- Investment Style Large Growth
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 0.27%
- Turnover 1%
USD | NAV as of Jun 17, 2026 | 1-Day Return as of Jun 17, 2026, 1:35 AM GMT+0
Morningstar’s Analysis SPTBX
Will SPTBX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the SPTBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of SPTBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 93.8
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
SP Funds S&P 500 Sharia Industry Ex ETF | 33.57 | 3M | — |
SP Funds S&P Global Technology ETF | 31.33 | 2M | — |
SP Funds S&P World ETF | 19.21 | 1M | — |
US DOLLARS | 6.16 | 468,246 | Cash and Equivalents |
SP Funds Dow Jones Global Sukuk ETF | 4.87 | 370,494 | — |
SP Funds S&P Global REIT Sharia ETF | 4.86 | 369,272 | — |
United States