American Funds 2055 Trgt Date Retire A (AAMTX)
| Fund Assets | 27.84B |
| Expense Ratio | 0.72% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 2.65% |
| Dividend Growth | 61.48% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 29.52 |
| YTD Return | 13.91% |
| 1-Year Return | 19.94% |
| 5-Year Return | 67.58% |
| 52-Week Low | 23.25 |
| 52-Week High | 29.99 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Feb 1, 2010 |
About AAMTX
American Funds 2055 Target Date Retirement Fund Class A is a target-date mutual fund specifically designed for individuals aiming to retire around the year 2055. The fund's primary objective is to provide a balanced approach to total return and stability over time by dynamically adjusting its asset allocation as it approaches the target date. Early in its lifecycle, the portfolio emphasizes growth through investments in global equities; as the target retirement year draws nearer, it gradually increases allocations to fixed income, equity-income, and balanced funds, emphasizing income generation and capital preservation. This fund serves as a comprehensive solution for retirement planning, offering broad diversification across a carefully selected range of underlying American Funds, spanning domestic and international stocks as well as bonds. Managed by Capital Research and Management Company, the fund benefits from a long-term, research-driven investment approach. Investors choosing this fund gain access to a professionally managed asset mix that evolves to address changing risk tolerances as they near and enter retirement, making it well-suited for those seeking a single, adaptable vehicle to help support retirement goals.
Performance
AAMTX had a total return of 19.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.58%.
Top 10 Holdings
76.81% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Fundamental Invs R6 | RFNGX | 9.09% |
| American Funds New Perspective R6 | RNPGX | 8.97% |
| American Funds SMALLCAP World R6 | RLLGX | 8.91% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.99% |
| American Funds Washington Mutual R6 | RWMGX | 7.85% |
| American Funds New World R6 | RNWGX | 7.80% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.03% |
| American Funds AMCAP R6 | RAFGX | 7.03% |
| American Funds American Balanced R6 | RLBGX | 6.08% |
| American Funds Invmt Co of Amer R6 | RICGX | 6.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.8397 | Dec 27, 2024 |
| Dec 22, 2023 | $0.520 | Dec 26, 2023 |
| Dec 23, 2022 | $1.3672 | Dec 27, 2022 |
| Dec 27, 2021 | $1.0929 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6986 | Dec 29, 2020 |
| Dec 30, 2019 | $0.7946 | Dec 31, 2019 |