About AANTX
The American Funds 2060 Target Date Retirement Fund Class A is a target-date mutual fund designed for individuals planning to retire around the year 2060. Managed by Capital Research and Management Company, this fund offers a diversified portfolio that automatically adjusts its allocation as the target date approaches. Early in the investment horizon, the fund emphasizes growth by allocating a larger portion to equities. As retirement nears, it gradually shifts toward greater exposure to fixed income, equity-income, and balanced funds, prioritizing income and capital preservation.
The fund invests in a range of underlying American Funds that include growth, growth-and-income, equity-income, balanced, and fixed income strategies, providing broad exposure across global sectors and market capitalizations. This structure is designed to address the evolving risk and return needs of investors as they progress toward and through retirement. With over $14 billion in assets and a moderate expense ratio, the fund serves as a comprehensive, all-in-one solution for retirement savings, regularly rebalancing to maintain its appropriate risk profile.
Fund Family Capital Group
Category Target-Date 2060+
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol AANTX
Share Class Class A
Index S&P Target Date 2060 TR USD
AANTX had a total return of 10.96% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.74%.
