American Funds 2050 Trgt Date Retire R3 (RCITX)
| Fund Assets | 39.43B |
| Expense Ratio | 1.03% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 2.65% |
| Dividend Growth | 60.11% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 23.99 |
| YTD Return | 14.73% |
| 1-Year Return | 13.33% |
| 5-Year Return | 62.79% |
| 52-Week Low | 18.29 |
| 52-Week High | 24.07 |
| Beta (5Y) | 0.89 |
| Holdings | 19 |
| Inception Date | Feb 1, 2007 |
About RCITX
American Funds 2050 Target Date Retirement Fund Class R-3 is a target-date mutual fund managed by Capital Research and Management Company. Its primary function is to serve as a diversified, single-fund solution for individuals planning to retire near the year 2050. The fund strategically adjusts its allocation mix over time: it emphasizes equities during early years to seek capital growth, then gradually shifts toward fixed income and income-producing assets as it nears and passes the target retirement date, with the goal of balancing total return and capital preservation. The underlying portfolio spans U.S. and non-U.S. equities, fixed-income securities, and balanced funds, providing broad exposure to sectors such as information technology, industrials, financials, consumer discretionary, and health care. Designed for long-term retirement planning, the fund’s glide path aims to meet the evolving risk and income needs of investors as retirement approaches. Its significant asset base and disciplined investment management reinforce its role as a core component of workplace retirement plans and individual retirement strategies, offering professional oversight and periodic rebalancing.
Performance
RCITX had a total return of 13.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.88%.
Top 10 Holdings
73.83% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective R6 | RNPGX | 8.76% |
| American Funds Fundamental Invs R6 | RFNGX | 8.11% |
| American Funds Washington Mutual R6 | RWMGX | 7.87% |
| American Funds SMALLCAP World R6 | RLLGX | 7.85% |
| American Funds AMCAP R6 | RAFGX | 7.14% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.11% |
| American Funds American Balanced R6 | RLBGX | 7.10% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.04% |
| American Funds American Mutual R6 | RMFGX | 6.92% |
| American Funds New World R6 | RNWGX | 5.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.6214 | Dec 27, 2024 |
| Dec 22, 2023 | $0.3881 | Dec 26, 2023 |
| Dec 23, 2022 | $1.0637 | Dec 27, 2022 |
| Dec 27, 2021 | $0.8392 | Dec 28, 2021 |
| Dec 28, 2020 | $0.5347 | Dec 29, 2020 |
| Dec 30, 2019 | $0.6313 | Dec 31, 2019 |