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.
Fund Family Capital Group
Category Target-Date 2055
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol AAMTX
Share Class Class A
Index S&P Target Date 2055 TR
AAMTX had a total return of 18.21% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.04%.
