About RHITX
American Funds 2050 Target Date Retirement Fund Class R-5E is a mutual fund designed for investors planning to retire around the year 2050. The fund aims to provide a balanced investment approach by seeking growth, income, and conservation of capital. It dynamically adjusts its asset allocation over time, gradually increasing its emphasis on income and capital preservation as it approaches and passes its target date. This is achieved by investing in a diversified portfolio of underlying American Funds that include fixed income, equity-income, and balanced funds. The fund’s glide path strategically shifts asset classes to reduce potential volatility near retirement while maintaining equity exposure to support capital growth throughout retirement. It offers a single vehicle to meet changing investor needs over the accumulation and retirement phases, promoting total return and stability. Managed by Capital Research and Management Company, the fund reflects a long-term investment perspective with a focus on risk management. The portfolio includes a mix of large-cap, small-cap, domestic, and international equity funds along with fixed income funds, ensuring diversified exposure across sectors and markets.
Fund Family Capital Group
Category Target-Date 2050
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RHITX
Share Class Class R-5e
Index S&P Target Date 2050 TR
RHITX had a total return of 18.34% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.56%.
