About CCKTX
The American Funds 2060 Target Date Retirement Fund Class C 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 features a diversified portfolio that primarily seeks long-term growth in its early years, with an increasing focus on income and capital preservation as it approaches the target retirement date. The fund allocates its assets across a mix of U.S. equities, non-U.S. equities, fixed income, and cash equivalents, with a current emphasis on growth-oriented sectors such as information technology, industrials, and financials. As of May 2025, the portfolio holds over 2,500 securities and manages assets exceeding $16 billion. Over time, its investment strategy shifts toward more conservative holdings, adjusting the balance between growth and stability to align with the evolving needs of investors as they near and enter retirement. The fund is structured to provide a single, evolving solution for retirement savings, automatically rebalancing to respond to changing market conditions and investor life stages.
Fund Family Capital Group
Category Target-Date 2060+
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol CCKTX
Share Class Class C
Index S&P Target Date 2060 TR USD
CCKTX had a total return of 11.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.57%.
