NEW YORK, March 14, 2025 /PRNewswire/ — Mutual of America Capital Management LLC is pleased to announce that it is the recipient of six 2025 LSEG Lipper Fund Awards. Part of a $24.5 billion mutual fund family, MoA Clear Passage Funds™ received four awards in the U.S. mixed-asset target-date fund categories, and the MoA Balanced Fund was recognized twice in the mixed-asset target allocation moderate funds category.
Members of Mutual of America Capital Management LLC at the 2025 LSEG Lipper Fund Awards ceremony (l-r): Eric Lockenvitz, VP, Quantitative Research; Jamie Zendel, EVP, Head of Quantitative and Asset Allocation Strategies; and Ron Viener, Senior VP, Head of Trading.
MoA Funds Logo (PRNewsfoto/Mutual of America Financial Group)
“The Target Date Series and Asset Allocation Funds are guided by a disciplined approach and long-term investment focus, which is reflected in their consistent performance over time. We are honored to be recognized for the second year in a row by LSEG Lipper for our commitment to generating outstanding investment results for our shareholders,” said Joseph Gaffoglio, President and CEO of Capital Management.
“Our focus on blending active and passive investment strategies to manage portfolios through retirement has been successful for our investors for 30 years, and these awards honor our steadfast commitment to help them achieve a successful retirement outcome.”
MoA Clear Passage Funds focus on diversification and minimizing volatility, featuring dynamic and strategic investment allocations leading up to a specified retirement date and, importantly, a 10-year glide path beyond that date. The MoA Balanced Fund provides a ready-made solution for investors looking for a combined portfolio of domestic equities and investment-grade fixed income securities that seeks to provide capital appreciation and current income.
“Our team are experts in assessing and evaluating the returns and correlation of various asset classes and their associated risks—it’s in our DNA. This focus allows investors to enjoy the benefits of a dynamic and diversified portfolio,” said Jamie Zendel, Executive Vice President, Head of Quantitative Strategies and Co-Portfolio Manager for the balanced fund and target-date series. “We are honored that our balanced fund and target-date series of funds were recognized by LSEG Lipper, and I’d like to thank our talented team for their exceptional efforts.”
For more than three decades, the Lipper Awards have recognized best-in-class funds and fund management firms for their consistently strong, risk-adjusted, three-, five- and 10-year performance relative to their peers. This year, Mutual of America Capital Management received the following six awards from LSEG Lipper:
- LSEG Lipper Fund Awards United States 2025 Winner, MoA Clear Passage 2030 Fund, Best Mixed-Asset Target 2030 Fund Over 3 Years (Out of 45 Funds)
- LSEG Lipper Fund Awards United States 2025 Winner, MoA Clear Passage 2030 Fund, Best Mixed-Asset Target 2030 Fund Over 5 Years (Out of 41 Funds)
- LSEG Lipper Fund Awards United States 2025 Winner, MoA Clear Passage 2035 Fund, Best Mixed-Asset Target 2035 Fund Over 5 Years (Out of 40 Funds)
- LSEG Lipper Fund Awards United States 2025 Winner, MoA Clear Passage 2040 Fund, Best Mixed-Asset Target 2040 Fund Over 5 Years (Out of 40 Funds)
- LSEG Lipper Fund Awards United States 2025 Winner, MoA Balanced Fund, Best Mixed-Asset Target Allocation Moderate Fund Over 3 Years (Out of 123 Funds)
- LSEG Lipper Fund Awards United States 2025 Winner, MoA Balanced Fund, Best Mixed-Asset Target Allocation Moderate Fund Over 5 Years (Out of 117 Funds)
“The 2025 LSEG Lipper Fund Awards are recognizing perhaps the most dramatic three-year period that the markets have seen in decades,” said Otto Christian Kober, Head of Lipper Research, LSEG Data & Analytics. “Fund managers being recognized have steered their investors through a pandemic, a mild recession, rising geopolitical risks, skyrocketing inflation and dramatic central bank intervention.
“We applaud the 2025 LSEG Lipper Fund Award winners such as Mutual of America Capital Management for delivering outperformance and the accompanying comfort of consistency to investors’ portfolios through a cross-current of global market disruptions.”
About Mutual of America Capital Management LLC
Formed in 1993, Capital Management is an SEC-registered investment adviser and an indirect, wholly owned subsidiary of Mutual of America Life Insurance Company, focused on serving the growing investment needs of institutional clients. Today, Capital Management manages approximately $29.6 billion and offers 28 funds with an array of asset classes and objectives, including equity, fixed income, international, asset allocation funds and target-date funds. For more information, visit moacapitalmanagement.com and connect with us via LinkedIn.
About Mutual of America Financial Group
Mutual of America Financial Group is a leading provider of retirement products, services and investments to employers, employees and individuals. We deliver high-quality, innovative products and customized services at a competitive price, along with outstanding personalized service, to help customers build and preserve assets for a financially secure future. Our mission is built upon our values—integrity, prudence, reliability, excellence and social responsibility—which have guided us since 1945 and continue to serve us and our customers well. Mutual of America Financial Group is the trade name used by Mutual of America Life Insurance Company and its affiliates. For more information, visit mutualofamerica.com, and connect with us via Facebook and LinkedIn.
You should consider the investment objectives, risks, and charges and expenses of the funds carefully before investing. This and other information is contained in the funds’ prospectuses and summary prospectuses, which can be obtained by calling 800.914.8716 or visiting moafunds.com. Read them carefully before investing.
Mutual fund investing involves risk. Principal loss is possible. Diversification cannot assure a profit or protect against loss in a down market. Dividends are not guaranteed and may fluctuate.
The MoA Funds are distributed by Foreside Fund Services, LLC.
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com. Although LSEG makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, their accuracy is not guaranteed by LSEG Lipper.
Asset class group awards will be given to the best large and small groups separately. Large fund family groups with at least five equity, five bond or three mixed-asset portfolios in the respective asset classes are eligible for a group award. Small fund family groups will need to have at least three distinct portfolios in one of the asset classes—equity, bond or mixed-asset. The lowest average decile rank of the three years’ Consistent Return measure of the eligible funds per asset class and group will determine the asset class group award winner over the three-year period. In cases of identical results, the lower average percentile rank will determine the winner.
SOURCE Mutual of America Financial Group
