American Funds 2045 Target Date Retirement Fund Class R-2 (RBHTX)
American Funds 2045 Target Date Retirement Fund Class R-2 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $25.64, up 0.23% on the session, giving a market capitalisation of $48.07B. Its beta of 1.18 implies it has historically moved more than the broad market.
This fund strategically adjusts its asset allocation as it approaches and moves beyond its designated target date, progressively favoring investments in fixed income, equity-income, and balanced funds. To achieve its investment objectives, the portfolio manager constructs a diversified portfolio by investing in a selection of American Funds, dynamically adjusting their proportions and weightings. These constituent American Funds encompass a wide array of categories, including those focused on capital appreciation (growth funds), a blend of growth and income (growth-and-income funds), current income (equity-income funds), comprehensive multi-asset approaches (balanced funds), and stability (fixed income funds). Each of these underlying fund categories pursues distinct investment objectives and employs varied strategies.
American Funds 2045 Target Date Retirement Fund Class R-2 is most often compared with the following Financial Services names: