Great Gray Collective Investment Trust - Amern Funds Income 2040 Fund (GAABSX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.26 |
| YTD Return | 8.44% |
| 1-Year Return | 17.21% |
| 5-Year Return | n/a |
| 52-Week Low | 11.23 |
| 52-Week High | 13.34 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAABSX
Citi Great American Fund Inc 2040-R1 is a target date mutual fund primarily designed to help investors save for retirement with a projected retirement year around 2040. The fund employs a diversified, age-appropriate asset allocation strategy, progressively shifting from growth-oriented investments such as equities to more stable, income-generating assets like fixed income as the target date approaches. This structure aims to balance potential growth in the early years with greater capital preservation and income closer to retirement. The fund is part of a suite of retirement-focused solutions that simplify the complexities of long-term investing and provide a disciplined approach to managing risk over time. By dynamically adjusting its portfolio in response to the investor’s anticipated retirement timeline, the fund serves as a convenient, all-in-one investment option for individuals planning for retirement in or around 2040, commonly offered through employer-sponsored retirement plans and other long-term savings vehicles.
Performance
GAABSX had a total return of 17.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.16%.