American Funds 2050 Target Date Retirement Fund® Class R-1 (RAITX)
| Fund Assets | 35.89B |
| Expense Ratio | 1.48% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 2.43% |
| Dividend Growth | 71.99% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 22.19 |
| YTD Return | 10.82% |
| 1-Year Return | 14.23% |
| 5-Year Return | 65.42% |
| 52-Week Low | 18.01 |
| 52-Week High | 22.33 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Feb 1, 2007 |
About RAITX
The American Funds 2050 Target Date Retirement Fund Class R-1 is a target-date mutual fund designed to serve individuals planning to retire around the year 2050. Managed by Capital Research and Management Company, this fund offers a diversified portfolio that automatically adjusts its asset allocation over time to align with an investor's evolving retirement needs. Early in its lifecycle, the fund emphasizes growth by allocating a significant portion of assets to equities, particularly across sectors such as information technology, industrials, financials, healthcare, and consumer discretionary. As the target date approaches, the allocation gradually shifts toward a higher proportion of fixed income and equity-income investments, emphasizing income generation and capital preservation to balance total return and stability in later years. The fund's structure and glide path are intended to help investors save prudently for retirement in a single, convenient investment vehicle. Since its inception in 2007, it has aimed to blend growth potential and risk management, adapting its strategy as investors move closer to retirement.
Performance
RAITX had a total return of 14.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.31%.
Top 10 Holdings
73.84% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective Fund® Class R-6 | RNPGX | 8.88% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 7.96% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 7.94% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 7.88% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 7.05% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.04% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 7.03% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 7.02% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 6.96% |
| American Funds New World Fund® Class R-6 | RNWGX | 6.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.538 | Dec 27, 2024 |
| Dec 22, 2023 | $0.3128 | Dec 26, 2023 |
| Dec 23, 2022 | $1.0016 | Dec 27, 2022 |
| Dec 27, 2021 | $0.7555 | Dec 28, 2021 |
| Dec 28, 2020 | $0.4771 | Dec 29, 2020 |
| Dec 30, 2019 | $0.5471 | Dec 31, 2019 |