About WTAAIX
Great Gray Trust American Funds 2055 Fund I is a collective investment trust (CIT) designed primarily for qualified retirement plans and institutional investors seeking a structured solution for long-term retirement savings. Its primary purpose is to provide a diversified, professionally managed asset allocation strategy that evolves as participants approach their anticipated retirement year, which is targeted around 2055. The fund dynamically reallocates its portfolio from higher-risk, growth-oriented investments such as domestic and international equities in its earlier years, to a more conservative mix emphasizing income and capital preservation near and after the target date. The underlying investments span a broad range of American Funds portfolios, including growth, growth-and-income, equity-income, balanced, and bond funds, ensuring exposure to multiple sectors like information technology, industrials, and financials. As a CIT, this fund offers features such as streamlined administration and cost efficiency, making it particularly relevant for retirement plan sponsors and fiduciaries aiming to construct robust, diversified programs for participants. Great Gray Trust Company, LLC serves as the trustee, maintaining ultimate fiduciary responsibility for the fund’s management and oversight.
Stock Exchange Nasdaq
Ticker Symbol WTAAIX
WTAAIX had a total return of 11.67% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.02%.
