American Funds 2030 Target Date Retirement Fund® Class C (CCETX)

14.28
Net Asset Value
-0.63%
1 Day
+0.49%
Year-to-Date
Overall Morningstar Rating
Target-date 2030
Style or Category
No Load
Sales Expenses
1.49%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks growth- income and conservation of capital. The fund normally invests a greater portion of its assets in bond- equity income and balanced funds as it approaches and passes its target date. The advisor attempts to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories such as growth funds- growth-and-income funds- equity-income funds and a balanced fund and bond funds. The fund categories represent differing investment objectives.

Performance

1 month-0.56% 3 years+6.28%
3 months-2.86% 5 years--
1 year+11.78% Since inception+6.65%
Data through --

Peer Comparisonvs. Target-date 2030

 CCETXCategory
Performance 5-yr return--+7.36%
Expense ratio1.49%0.83%
Risk 5 year sharpe ratio1.060.94
Net assets$16.6B$3.0B
Average market cap$64.3B$41.3B
Average P/E18.217.8
Portfolio turnover0%0%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureJames Lovelace / 11 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

U.S. stock42.60%
Fixed income25.11%
International stock24.66%
Cash7.44%
Other0.18%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
RWMGX American Funds Washington Mutual Investors Fund Class R-67.98%
RGVGX American Funds U.S. Government Securities Fund® Class R-67.52%
RICGX American Funds Investment Company of America® Class R-66.94%
RGBGX American Funds Global Balanced Fund Class R-66.02%
RLBGX American Funds American Balanced Fund® Class R-66.00%
RMFGX American Funds American Mutual Fund® Class R-65.97%
RFNGX American Funds Fundamental Investors® Class R-65.94%
RNPGX American Funds New Perspective Fund® Class R-65.58%
RWIGX American Funds Capital World Growth and Income Fund® Class R-64.94%
RGAGX American Funds The Growth Fund of America® Class R-64.59%