American Funds 2050 Target Date Retirement Fund Class A (AAFTX)
American Funds 2050 Target Date Retirement Fund Class A operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $22.64, up 0.13% on the session, giving a market capitalisation of $57.75B. Its beta of 0.98 implies it has historically moved less than the broad market.
The fund normally invests a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. The advisor attempts to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives and strategies.
American Funds 2050 Target Date Retirement Fund Class A is most often compared with the following Financial Services names: