About RHJTX
The American Funds 2055 Target Date Retirement Fund Class R-5E is a diversified mutual fund designed to help investors prepare for retirement around the year 2055. Managed by Capital Research and Management Company, the fund employs a dynamic asset allocation strategy that gradually shifts from a focus on capital appreciation to an emphasis on income and capital preservation as the target retirement date approaches. Initially, the fund invests predominantly in growth-oriented equities, benefiting from exposure to both U.S. and international markets across sectors such as information technology, industrials, financials, and health care. Over time, the allocation transitions toward fixed income and equity-income assets, aiming to mitigate risk and provide stability for investors entering retirement.
As part of the American Funds Target Date Retirement Series, this fund consolidates a broad range of underlying American Funds, offering built-in diversification and professional oversight. Its "glide path" is designed to address both asset accumulation before retirement and the need for ongoing growth and income afterward, managing risk throughout the investment horizon. The fund is suitable for investors seeking a hands-off, long-term solution that evolves in line with their changing retirement objectives, with portfolio rebalancing and adjustments handled by experienced managers.
Fund Family Capital Group
Category Target-Date 2055
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RHJTX
Share Class Class R-5e
Index S&P Target Date 2055 TR
RHJTX had a total return of 18.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.02%.
