American Funds 2050 Target Date Retirement Fund®
Overview
American Funds 2050 Target Date Retirement Fund may be appropriate for investors seeking:
- A prudent way to save for retirement in a single fund
- An investment that adjusts over time to meet their changing needs
- A portfolio of American Funds designed for someone retiring around 2050
Objective
Depending on the proximity to its target date, which we define as the year that corresponds roughly to the year in which the investor expects to retire, the fund will seek to achieve the following objectives to varying degrees: growth, income and conservation of capital. The fund will increasingly emphasize income and conservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. In this way, the fund seeks to balance total return and stability over time.
Manager
The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.
Fund information
- Began operations: 2/01/07
- Expense ratio:* 0.71%
- Investment expenses paid annually: $7.10 for a $1,000 balance
- Ticker symbol: AALTX
*The expense ratios are as of each fund’s prospectus and include the weighted average expenses of the underlying funds. Please see the fund’s most recent prospectus for details.
You can estimate the investment expenses you’re paying annually by multiplying your balance in the fund by the net expense ratio.
Underlying funds
(as of 6/30/24; percentage of net assets; holdings are subject to change)
American Funds Global Balanced FundSM will be added to the glide path effective January 2, 2015.
Growth 45.6%
- AMCAP Fund® 7.1%
- American Funds® Global Insight Fund 2.8%
- EuroPacific Growth Fund® 1.9%
- The Growth Fund of America® 7.1%
- The New Economy Fund® 4.2%
- New Perspective Fund® 8.9%
- New World Fund® 5.5%
- SMALLCAP World Fund® 8.0%
Growth-and-income 35.4%
- American Mutual Fund® 6.9%
- Capital World Growth and Income Fund® 7.3%
- Fundamental Investors® 8.1%
- The Investment Company of America® 5.1%
- Washington Mutual Investors Fund 8.0%
Equity-income/Balanced 13.3%
- American Balanced Fund® 6.9%
- American Funds® Global Balanced Fund 2.8%
- Capital Income Builder® 1.8%
- The Income Fund of America® 1.8%
Bond 5.7%
Past results
The bar graph below shows the fund’s annual results and illustrates the fund’s fluctuations over the past 10 years. (The percentages are shown at net asset value, updated annually as of 12/31.)
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely.
Average annual total returns through 6/30/24
Latest10 years | Latest5 years | Latest3 years | Latestyear | |
---|---|---|---|---|
At net asset value | 8.77% | 9.95% | 3.92% | 17.55% |
At maximum offering price (Class A shares, with 5.75% maximum sales charge) |
8.13% | 8.65% | 1.89% | 10.80% |
Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which the results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.