Great Gray Collective Investment Trust - Amern Funds Income 2050 Fund (GAABUX)
| 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 | 13.51 |
| YTD Return | 10.02% |
| 1-Year Return | 19.49% |
| 5-Year Return | n/a |
| 52-Week Low | 11.25 |
| 52-Week High | 13.61 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GAABUX
CIT Great American Fund Inc. 2050-R1 is a mutual fund designed to serve as a target-date retirement solution, strategically allocating assets with the goal of meeting the financial needs of investors planning to retire around the year 2050. The fund automatically adjusts its portfolio allocation over time, shifting from higher-growth assets such as equities during the early accumulation phase to more conservative investments like fixed income as the target date approaches. This gradual rebalancing aims to balance growth potential and risk mitigation as investors move closer to retirement. CIT Great American Fund Inc. 2050-R1 plays a significant role in the retirement planning sector, offering a streamlined investment vehicle for individuals and institutions seeking a simplified path to long-term retirement savings. Its diversified strategy and lifecycle-based approach make it an integral option for those looking to align their investment horizon with a projected retirement year.
Performance
GAABUX had a total return of 19.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.78%.