SPTAX – SP Funds 2030 Target Date Investor Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks a high level of total return through its target date; Thereafter, the fund primarily seeks high current income and secondarily capital appreciation. Under normal conditions, the investment manager allocates the fund’s assets among its target asset classes by investing primarily in a distinctly-weighted combination of other funds, based on each underlying fund’s predominant asset class and strategy. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SPTAX	SP Funds 2030 Target Date Fund Investor Shares	No Load	Open	—	—	Jun 28, 2024	$3.62M	1.310%	High	$250	$64,406.07
SPTMX	SP Funds 2030 Target Date Fund Institutional Shares	Institutional	Open	—	—	Aug 29, 2024	$2.82M	0.910%	High	$50,000	$831,693.88

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