About RCMTX
American Funds 2055 Target Date Retirement Fund Class R-3 is a target-date mutual fund designed to help individuals prepare for retirement, with an investment horizon centered around the year 2055. Managed by Capital Research and Management Company, the fund primarily serves investors seeking a single, diversified solution for retirement saving that automatically adjusts its portfolio as the target date approaches. Early in the investment cycle, the fund emphasizes capital growth by allocating a significant portion to U.S. and international equities, spanning sectors such as information technology, industrials, financials, health care, and consumer discretionary. As the fund nears its target date, it gradually shifts toward greater allocations in fixed income, equity-income, and balanced funds, aiming to enhance income and conserve capital for retirees. The fund's portfolio is constructed from a range of underlying American Funds, offering broad diversification across asset classes and geographies. This strategic glide path seeks to balance total return and stability as investors move through different life stages, providing a professionally managed, disciplined approach to long-term retirement planning.
Fund Family Capital Group
Category Target-Date 2055
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol RCMTX
Share Class Class R-3
Index S&P Target Date 2055 TR
RCMTX had a total return of 14.64% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.15%.
