Best Performing Retirement Income Mutual Funds 2014

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

Retirement Income Mutual FundsThese 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:
  1. Vanguard Managed Payout Fund (VPGDX)
  2. Pimco Real Retirement Income And Distribution Fund (PTNAX)
  3. Putnam Retirement Income Lifestyle Fund (PISFX)
  4. American Century One Choice In Retirement Fund (ARTOX)
  5. Voya Solution Income Fund (ISWAX)
  6. Schwab Monthly Income Fund Moderate Payout Fund (SWJRX)
  7. Vanguard Target Retirement Fund (VTINX)
  8. BlackRock LifePath Index Retirement Fund (LIRAX)
  9. Schwab Monthly Income Fund Enhanced Payout Fund (SWKRX)

Vanguard Managed Payout Fund

This Vanguard Managed Payout Fund has low expense fee of 0.34%. This mutual fund has a high yield is 8.82%. It has $1.6 billion of assets. The fund managers are Michael H Buek and John Ameriks. This balanced fund is designed to give you regular monthly payouts that can help you manage a portion of your retirement expenses.

More: Top Performing Retirement Income Mutual Funds 2013

Morningstar has ranked this top retirement income fund with 5 stars and bronze rating. In 2014, the year-to-date return is 6.10%. It has returned 10.46% over the past 3 years, and 10.11% over the past 5 years. The top 3 holdings are Vanguard Total Stock Market Index fund, Vanguard Global Minimum Volatility fund, and Vanguard Total International Stock Index fund.

Pimco Real Retirement Income and Distribution Fund

Pimco Real Retirement Income & Distribution Fund has total assets of $62 million. The class A fund has a sales load of 5.50%. Its expense fee is 1.06%. You can buy this best performing retirement income fund with $1,000 initial funding for your retirement income.

More: T Rowe Price Retirement Income Fund

This mutual fund is part of fund of funds. The top 2 holdings are PIMCO Total Return Fund, and PIMCO Real Return Fund. In 2014, the YTD return is 5.78%. The current share price is $8.95.

Load Retirement Income Fund

Putnam Retirement Income Lifestyle Fund has a yield 1.81% and expense fee of 1.11%. This class A fund has a sales load of 4%. Top 3 holdings are Putnam Absolute Return 700 Y, Micron Tech Cv 1.625%, and Buenos Aires Prov Euro Mtn Be 11.75%. The average 3 years return is 9.16%.

Retirement Income Mutual Funds Performance

NoFund NameTickerYTD Return %
1Vanguard Managed Payout InvestorVPGDX5.98
2PIMCO RealRetirement Inc&Distrbtn APTNAX5.78
3Putnam Retirement Income Llifestyle 3 APISFX5.55
4American Century One Choice In Ret InvARTOX5.36
5Voya Solution Income AISWAX5.26
6Schwab Monthly Income Mod PayoutSWJRX5.24
7Vanguard Target Retirement InvVTINX5.09
8BlackRock Lifepath Index Retire Inv ALIRAX5.08
9Schwab Monthly Income Enh PayoutSWKRX5.05


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