About AALTX
The American Funds 2050 Target Date Retirement Fund Class A is a target-date mutual fund designed to help investors save for retirement with a time horizon centered around the year 2050. Its primary function is to provide a professionally managed, diversified portfolio that evolves over time, gradually shifting from a growth-oriented strategy to a greater emphasis on income generation and capital preservation as the target retirement date approaches. The fund invests in a broad mix of underlying American Funds, including growth, growth-and-income, equity-income, balanced, and fixed income funds. This diversification across multiple asset classes is intended to balance long-term growth potential with risk management as retirement nears. Managed by Capital Research and Management Company, a firm with a long history of active, research-driven investment management, the fund offers a convenient, all-in-one solution for retirement planning, automatically adjusting its allocation to meet changing investor needs over the decades.
Fund Family Capital Group
Category Target-Date 2050
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol AALTX
Share Class Class A
Index S&P Target Date 2050 TR
AALTX had a total return of 18.78% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.68%.
