American Funds 2050 Trgt Date Retire R5E (RHITX)
| Fund Assets | 37.88B |
| Expense Ratio | 0.53% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.73 |
| Dividend Yield | 3.14% |
| Dividend Growth | 54.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 23.43 |
| YTD Return | 13.26% |
| 1-Year Return | 15.72% |
| 5-Year Return | 69.14% |
| 52-Week Low | 18.52 |
| 52-Week High | 23.47 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Nov 20, 2015 |
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.
Performance
RHITX had a total return of 15.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.35%.
Top 10 Holdings
73.85% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective R6 | RNPGX | 8.80% |
| American Funds Fundamental Invs R6 | RFNGX | 8.14% |
| American Funds SMALLCAP World R6 | RLLGX | 7.93% |
| American Funds Washington Mutual R6 | RWMGX | 7.85% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.12% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.04% |
| American Funds AMCAP R6 | RAFGX | 7.04% |
| American Funds American Balanced R6 | RLBGX | 7.03% |
| American Funds American Mutual R6 | RMFGX | 6.88% |
| American Funds New World R6 | RNWGX | 6.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.7284 | Dec 27, 2024 |
| Dec 22, 2023 | $0.471 | Dec 26, 2023 |
| Dec 23, 2022 | $1.1495 | Dec 27, 2022 |
| Dec 27, 2021 | $0.9382 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6164 | Dec 29, 2020 |
| Dec 30, 2019 | $0.7046 | Dec 31, 2019 |