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Wilmington Trust Collective Investment Trust - Myguide American Funds Target Date 2040 Fund (GMGAGX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
16.01
+0.06 (0.41%)
Aug 26, 2026, 9:30 AM EST
Fund Assetsn/a
Expense Ration/a
Min. Investmentn/a
Turnovern/a
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close15.95
YTD Return10.45%
1-Year Return16.80%
5-Year Returnn/a
52-Week Low13.67
52-Week High16.11
Beta (5Y)n/a
Holdingsn/a
Inception Daten/a

About GMGAGX

CIT MyGuide AMC Trust D2040-R is a collective investment trust (CIT) structured as a target date fund, specifically tailored for investors planning to retire around the year 2040. The primary function of this fund is to offer a diversified, professionally managed investment solution that adjusts its asset allocation over time to match the evolving risk profiles of investors as they approach their target retirement date. The fund predominantly allocates its assets among a mix of underlying mutual funds, including notable American Funds products, across asset classes such as equities and fixed income. As retirement nears, the portfolio gradually shifts from a growth-oriented allocation toward a more conservative, income-focused mix, aiming to balance potential growth with risk reduction. This structure is designed to simplify retirement investing for participants in employer-sponsored plans, providing a one-stop solution that seeks to maximize growth in early years and prioritize capital preservation closer to retirement. By leveraging a blend of actively managed mutual funds and stable value contracts, CIT MyGuide AMC Trust D2040-R plays a significant role within the retirement savings market, catering to plan sponsors and participants looking for a streamlined approach to long-term retirement planning.

Stock Exchange NASDAQ
Ticker Symbol GMGAGX

Performance

GMGAGX had a total return of 16.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.32%.