American Funds 2050 Target Date Retirement Fund® Class R-5 (REITX)
| Fund Assets | 35.89B |
| Expense Ratio | 0.43% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 3.21% |
| Dividend Growth | 53.51% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 23.32 |
| YTD Return | 11.34% |
| 1-Year Return | 14.10% |
| 5-Year Return | 73.51% |
| 52-Week Low | 18.80 |
| 52-Week High | 23.43 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Feb 1, 2007 |
About REITX
The American Funds 2050 Target Date Retirement Fund Class R-5 is a mutual fund designed to help investors prepare for retirement around the year 2050. The fund follows a dynamic asset allocation strategy, starting with a focus on growth through equities and gradually shifting toward income and capital preservation by increasing allocations to fixed income, equity-income, and balanced funds as the target retirement date approaches. This "glide path" approach seeks to balance risk and return in line with the evolving needs of investors as they near retirement. The fund draws from a diversified portfolio, with notable sectors including information technology, health care, industrials, and financials. It is actively managed by investment professionals who adjust the portfolio’s underlying funds and allocations over time in response to market conditions and the fund’s proximity to its target date. This structure is intended to offer a single-fund solution for retirement planning, providing diversification and reducing the need for investors to manage multiple assets. American Funds 2050 Target Date Retirement Fund Class R-5 plays a significant role in the retirement market, serving individuals seeking a hands-off, age-appropriate investment as they progress toward and through retirement.
Performance
REITX had a total return of 14.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.44%.
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 | $0.747 | Dec 27, 2024 |
| Dec 22, 2023 | $0.4866 | Dec 26, 2023 |
| Dec 23, 2022 | $1.1657 | Dec 27, 2022 |
| Dec 27, 2021 | $0.9596 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6299 | Dec 29, 2020 |
| Dec 30, 2019 | $0.7177 | Dec 31, 2019 |