American Funds 2050 Trgt Date Retire A (AALTX)
American Funds 2050 Trgt Date Retire A operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $26.39, up 0.27% on the session, giving a market capitalisation of $44.33B. Its beta of 1.20 implies it has historically moved more than the broad market.
As the fund approaches and subsequently passes its designated target date, it progressively shifts a greater portion of its portfolio into more conservative asset classes, including fixed income, equity-income, and balanced funds. To achieve its financial objectives, the investment advisor strategically deploys capital across various underlying American Funds, utilizing different combinations and weightings. These underlying components span a diverse range of investment styles, such as growth, growth-and-income, equity-income, balanced, and fixed income strategies, each representing distinct investment philosophies and goals.
American Funds 2050 Trgt Date Retire A is most often compared with the following Financial Services names: