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L 2025

First, let's answer a few questions.

  • You should consider investing in the L 2025 Fund if you plan to withdraw from your account between next year and 2027.

  • The L 2025 Fund is for the short-term investor.

  • Your investment in the L 2025 Fund will help you to achieve the best expected return for the amount of expected risk that is appropriate for your time horizon. The L 2025 Fund makes the investing process easy for you because you do not have to figure out how to diversify your account or how and when to rebalance - it’s done for you.

The L 2025 Fund’s investment objective is to achieve a moderate level of growth with a moderate emphasis on preservation of assets. The Fund's allocation in the G, F, C, S, and I Funds is adjusted quarterly. The L 2025 Fund will roll into the L Income Fund automatically in July 2025 when its allocation becomes the same as the allocation of the L Income Fund.

Performance

Average annual returns
2020 YTD 1 Yr 3 Yrs 5 Yrs 10 Yrs
- - - - -
  • Details As of 12/31/2019

    Assets
    $136.5 billion

    Net administrative expenses
    This fund did not exist in 2019.

    Other expenses
    This fund did not exist in 2019.

    Inception date
    6/30/2020

    Allocation target

  • L 2025 Allocation

  • Fees As of 12/31/2019

    Net administrative expenses1
    This fund did not exist in 2019.

    Other expenses2
    This fund did not exist in 2019.

    1. Expenses for this fund will become available in January 2021.
    2. Fees paid to the investment manager.

    Additional information

    The L 2025 Fund is designed for you if your time horizons falls within the 2021 through 2027 range. The asset allocation of this fund is adjusted quarterly, moving to a more conservative mix, gradually approaching that of the L Income Fund. Between quarterly adjustments, the asset allocation of the L 2025 Fund is maintained through daily rebalancing to the fund’s target allocation.

    Remember, however, that expected risk and return are based on assumptions about future economic conditions and investment performance. There is no guaranteed rate of return for any period, either short-term or long-term. For the fund’s historical returns, visit Share Price History. Past performance does not guarantee future results.