Mutual of America VIP 2010 Retirement Portfolio

Data updated: 2020-08-27

C000214148 — Mutual of America VIP 2010 Retirement Portfolio. Money Market · $306.03K AUM · 0.38% expense ratio. Holdings, fees, performance and SEC filings.

C000214148 Fund Overview

Mutual of America VIP 2010 Retirement Portfolio is a US mutual fund managed by Mutual of America Variable Insurance Portfolios, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

C000214148 Investment Objective and Strategy

Mutual of America VIP 2010 Retirement Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mutual of America Variable Insurance Portfolios.

Investment objective

The Portfolio seeks to achieve current income and capital appreciation appropriate for the asset allocation associated with its approximate year of retirement which is included in the Portfolio’s name (“Target Retirement Date”).

Principal investment strategy

The Portfolio invests in shares of other series of the Investment Company (IC Portfolios) in proportions that are balanced to meet the objective of the Portfolio, which will move toward preservation of capital and production of income as the Target Retirement Date approaches. The 2010 Retirement Portfolio is designed for investors expecting to retire or to begin withdrawing assets around the year 2010. Under normal circumstances, the asset allocation will change over time according to a predetermined glide path as the Retirement Portfolio approaches the Target Retirement Date. The glide path below represents the shifting of asset classes over time. As the glide path shows, generally, the less time that remains until the Target Retirement Date, and for a 10 year period after the Target Retirement Date, the more the Portfolio will invest in fixed income IC Portfolios and the less it will invest in equity IC Portfolios.

A Retirement Portfolio that has reached its Target Retirement Date can have 45%, which can vary by plus or minus 10%, of its assets invested in equity IC Portfolios. As of the commencement of operations, the Portfolios intended asset allocation among the underlying portfolios is expected to be approximately as follows: Equity Index Portfolio 20% Mid-Cap Equity Index Portfolio 6% International 2% Bond Portfolio 30% Mid-Term Bond Portfolio 30% Money Market Portfolio 12% The periodic reallocations of the assets of each Retirement Portfolio will be affected by other matters aside from the period of time remaining until the Target Retirement Date, such as current market conditions, the economy, unanticipated events and other factors, so there is no precise timetable or formula for the reallocations of the Retirement Portfolios, but the target allocations are not expected to vary from the chart by more than plus or minus ten percentage points.

C000214148 Costs and Fees

C000214148 costs about $38 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.38%
  • Gross expense ratio: 11.87%

C000214148 Cashflows

Over the 12 months to 2020-06, Mutual of America VIP 2010 Retirement Portfolio had net inflows of $311.52K, from monthly SEC N-PORT filings.

MonthNet flow
2020-06−$105
2020-05−$79
2020-04−$82
2020-03−$49.76K
2020-02$3.36K
2020-01$358.19K

C000214148 Debt Constituents

No individual debt constituents are reported in Mutual of America VIP 2010 Retirement Portfolio's latest SEC N-PORT filing.

C000214148 Prospectus and SEC Filings

Official Mutual of America VIP 2010 Retirement Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Money Market funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.