About REKTX
American Funds 2055 Target Date Retirement Fund Class R-5 is a target-date mutual fund designed to help investors prepare for retirement around the year 2055. Managed by Capital Research and Management Company, the fund automatically adjusts its asset allocation over time, gradually shifting from a higher emphasis on growth-oriented investments, such as equities, to a greater focus on income generation and capital preservation through fixed income, equity-income, and balanced funds as the target year approaches.
This fund provides diversified exposure across major sectors, notably information technology, industrials, health care, financials, and consumer discretionary, reflecting a broad, global investment strategy. The automatic rebalancing, known as the glide path, is designed to align the fund’s risk profile with the expected retirement timeline of its investors, offering a “set-it-and-forget-it” approach suitable for long-term savers. The fund continues to seek total return and stability for shareholders even after the target date has passed, with ongoing oversight and periodic adjustments by the management team to meet evolving investment needs.
Fund Family Capital Group
Category Target-Date 2055
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol REKTX
Share Class Class R-5
Index S&P Target Date 2055 TR
REKTX had a total return of 13.54% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.82%.
