American Funds 2040 Target Date Retirement Fund Class R-6 (RFGTX)
American Funds 2040 Target Date Retirement Fund Class R-6 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 0.20% on the session, giving a market capitalisation of $54.22B. Its beta of 1.12 implies it has historically moved more than the broad market.
As the fund nears and subsequently passes its designated target retirement date, it progressively allocates a larger portion of its assets to fixed income, equity-income, and balanced investment vehicles. The fund's advisor endeavors to fulfill its investment goals by strategically combining various American Funds with distinct weightings. These underlying American Funds encompass a diverse range of categories, including those focused on growth, growth-and-income, equity-income, balanced portfolios, and fixed income instruments, each employing unique investment objectives and methodologies.
American Funds 2040 Target Date Retirement Fund Class R-6 is most often compared with the following Financial Services names: