American Funds 2050 Target Date Retirement Fund (RBHEX)
American Funds 2050 Target Date Retirement Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Chicago, IL, US. The stock last traded at $25.24, up 0.32% on the session, giving a market capitalisation of $42.50B. Its beta of 1.20 implies it has historically moved more 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 is most often compared with the following Financial Services names: