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L 2030

First, let's answer a few questions.

  • You should consider investing in the L 2030 Fund if you plan to withdraw from your account between 2028 – 2032.

  • The L 2030 Fund is for the medium-term investor.

  • Your investment in the L 2030 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 2030 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 2030 Fund’s investment objective is to achieve a moderate to high level of growth with a low emphasis on preservation of assets. The Fund's allocation in the G, F, C, S, and I Funds is adjusted quarterly. The L 2030 Fund will roll into the L Income Fund automatically in July 2030 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 admin expense
    $0.420/$1,000 account balance 0.042% (4.2 basis points)

    Other expense
    $0.040/$1,000 account balance 0.004% (0.4 basis points)

    Inception date
    8/1/2005

    Allocation target

  • L 2030 Allocation

  • Fees As of 12/31/2019

    Net admin expense*
    $0.420/$1,000 account balance 0.042% (4.2 basis points)

    Other expense**
    $0.040/$1,000 account balance 0.004% (0.4 basis points)

    * An expense ratio of 0.042% translates to 4.2 basis points or $0.420 per $1,000 acount balance.

    **Fees paid to the investment manager.

    Additional information

    The L 2030 Fund is designed for you if your time horizon falls within the 2028 through 2032 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 2030 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.