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.
Fund Family Capital Group
Category Target-Date 2050
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RCITX
Share Class Class R-3
Index S&P Target Date 2050 TR
RCITX had a total return of 17.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.74%.
