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.
Fund Family Capital Group
Category Target-Date 2050
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RAITX
Share Class Class R-1
Index S&P Target Date 2050 TR
RAITX had a total return of 12.03% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.71%.
