AACTX: American Funds 2020 Trgt Date Retire A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing and learn how it can potentially help you build a more successful practice.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

AACTX American Funds 2020 Trgt Date Retire A


Profile

AACTX - Profile

Vitals

  • YTD Return 3.2%
  • 3 Yr Annualized Return 2.2%
  • 5 Yr Annualized Return 3.6%
  • Net Assets $17.4 B
  • Holdings in Top 10 69.6%

52 WEEK LOW AND HIGH

$13.37
$10.95
$13.75

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 2.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA $25

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2020

Distributions

  • YTD Total Return 3.2%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 6.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.34%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    American Funds 2020 Target Date Retirement Fund®
  • Fund Family Name
    American Funds
  • Inception Date
    Feb 01, 2007
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Lovelace

Fund Description

The fund normally invests a greater portion of its assets in fixed income, equity-income and balanced funds as it continues past 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, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

AACTX - Fund Company Quick Screens


Performance

AACTX - Performance

Return Ranking - Trailing

Period AACTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -15.9% 9.6% 25.04%
1 Yr 3.3% -15.7% 10.6% 38.90%
3 Yr 2.2%* -6.0% 6.2% 23.25%
5 Yr 3.6%* -2.7% 7.2% 22.83%
10 Yr 4.3%* -2.4% 6.7% 15.04%

* Annualized

Return Ranking - Calendar

Period AACTX Return Category Return Low Category Return High Rank in Category (%)
2019 10.9% -1.1% 20.5% 48.60%
2018 -6.9% -17.8% -3.6% 31.69%
2017 9.7% -12.3% 18.2% 29.69%
2016 3.6% -4.2% 6.9% 48.15%
2015 -4.2% -13.0% -0.3% 33.11%

Total Return Ranking - Trailing

Period AACTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.2% -15.9% 9.6% 25.04%
1 Yr 3.3% -15.7% 10.6% 38.90%
3 Yr 4.5%* -5.4% 7.2% 9.48%
5 Yr 6.4%* -2.7% 9.6% 7.61%
10 Yr 7.3%* -1.2% 9.6% 4.87%

* Annualized

Total Return Ranking - Calendar

Period AACTX Return Category Return Low Category Return High Rank in Category (%)
2019 10.9% -1.1% 20.5% 49.35%
2018 -3.0% -16.7% -0.9% 13.03%
2017 12.5% -12.3% 22.9% 24.23%
2016 6.7% 0.2% 9.2% 21.23%
2015 -0.3% -9.4% 0.7% 10.49%

NAV & Total Return History


Holdings

AACTX - Holdings

Concentration Analysis

AACTX Category Low Category High AACTX % Rank
Net Assets 17.4 B 119 K 47.4 B 9.57%
Number of Holdings 21 1 738 47.18%
Net Assets in Top 10 11.5 B 97.6 K 46.8 B 9.80%
Weighting of Top 10 69.56% 32.6% 100.0% 85.61%

Top 10 Holdings

  1. American Funds Capital Income Bldr R6 9.29%
  2. American Funds Income Fund of Amer R6 9.29%
  3. American Funds Interm Bd Fd of Amer R6 8.98%
  4. American Funds Bond Fund of Amer R6 7.99%
  5. American Funds Inflation Linked Bd R6 6.98%
  6. American Funds American Mutual R6 6.02%
  7. American Funds Mortgage R6 5.98%
  8. American Funds Invmt Co of Amer R6 5.03%
  9. American Funds Washington Mutual R6 5.00%
  10. American Funds US Government Sec R6 4.98%

Asset Allocation

Weighting Return Low Return High AACTX % Rank
Bonds
48.78% -40.53% 77.46% 61.13%
Stocks
42.85% 0.00% 79.92% 35.05%
Cash
7.80% -21.05% 112.41% 49.34%
Convertible Bonds
0.35% 0.00% 1.81% 58.31%
Preferred Stocks
0.21% 0.00% 7.51% 27.41%
Other
0.00% -0.44% 100.00% 82.89%

Stock Sector Breakdown

Weighting Return Low Return High AACTX % Rank
Healthcare
17.67% 1.66% 18.24% 9.90%
Technology
15.52% 1.82% 26.22% 71.31%
Financial Services
13.42% 3.32% 19.78% 66.11%
Consumer Defense
10.45% 1.02% 22.06% 17.95%
Industrials
9.21% 1.63% 15.38% 70.64%
Communication Services
8.83% 0.21% 10.66% 45.47%
Consumer Cyclical
6.90% 1.88% 12.97% 81.88%
Utilities
5.82% 0.00% 8.63% 15.77%
Real Estate
4.57% 0.43% 31.58% 43.96%
Energy
4.44% 0.59% 19.85% 23.49%
Basic Materials
3.17% 0.76% 10.20% 80.20%

Stock Geographic Breakdown

Weighting Return Low Return High AACTX % Rank
US
30.89% 0.00% 64.60% 31.89%
Non US
11.96% 0.00% 34.42% 63.62%

Bond Sector Breakdown

Weighting Return Low Return High AACTX % Rank
Government
32.32% 0.00% 98.99% 57.38%
Securitized
26.36% 0.00% 41.85% 23.15%
Corporate
20.87% 0.00% 51.19% 66.28%
Cash & Equivalents
20.18% 0.99% 112.41% 34.56%
Municipal
0.27% 0.00% 11.52% 47.15%
Derivative
0.00% -82.56% 20.64% 84.23%

Bond Geographic Breakdown

Weighting Return Low Return High AACTX % Rank
US
42.20% -52.61% 74.70% 55.81%
Non US
6.58% -6.29% 45.47% 44.02%

Expenses

AACTX - Expenses

Operational Fees

AACTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.00% 24.81% 68.34%
Management Fee 0.00% 0.00% 0.77% 35.05%
12b-1 Fee 0.26% 0.00% 1.00% 47.02%
Administrative Fee N/A 0.01% 0.30% 42.25%

Sales Fees

AACTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.50% 5.75% 28.79%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AACTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AACTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 2.00% 0.00% 277.00% 14.72%

Distributions

AACTX - Distributions

Dividend Yield Analysis

AACTX Category Low Category High AACTX % Rank
Dividend Yield 0.00% 0.00% 2.55% 74.09%

Dividend Distribution Analysis

AACTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

AACTX Category Low Category High AACTX % Rank
Net Income Ratio 2.34% 0.48% 6.21% 44.14%

Capital Gain Distribution Analysis

AACTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

AACTX - Fund Manager Analysis

Managers

James Lovelace


Start Date

Tenure

Tenure Rank

Feb 01, 2007

13.59

13.6%

James B. Lovelace is an equity portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 37 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Jim covered beverages & tobacco, restaurants & lodging, household products and personal care companies. Jim began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree with honors in philosophy from Swarthmore College. He also holds the Chartered Financial Analyst® designation and is a member of the Los Angeles Society of Financial Analysts. Jim is based in Los Angeles.

Wesley Phoa


Start Date

Tenure

Tenure Rank

Jan 01, 2012

8.67

8.7%

Wesley K. Phoa is a solutions portfolio manager at Capital Group. His focus is on fund-of-funds and multi-asset solutions. He has 25 years of investment experience and has been with Capital Group for 20 years. Earlier in his career at Capital, Wesley served as a fixed income portfolio manager with a focus on rates-driven and long duration strategies. His areas of research responsibility included interest rates, monetary policy and financial economics. He has also been involved in the development of several fund-of-funds strategies and custom solutions for institutional clients. Prior to joining Capital, he was director of research with Capital Management Sciences and a quantitative analyst with Deutsche Bank in Australia. He holds a PhD in pure mathematics from Trinity College at the University of Cambridge and a bachelor’s degree with honors from the Australian National University. He is an elected member of the Conference of Business Economists and the International Conference of Commercial Bank Economists. He sits on the editorial board of The Journal of Portfolio Management. Wesley is based in Los Angeles.

Bradley Vogt


Start Date

Tenure

Tenure Rank

Jan 01, 2012

8.67

8.7%

Bradley J. Vogt is an equity portfolio manager at Capital Group. He is chairman of Capital Research Company. and serves on the Capital Group Companies Management Committee. Brad began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree in international politics and economics from Wesleyan University. Brad is based in Washington, D.C.

Jody Jonsson


Start Date

Tenure

Tenure Rank

Jan 01, 2015

5.67

5.7%

Joanna F. Jonsson is an equity portfolio manager at Capital Group. She has 30 years of investment experience and has been with Capital Group for 28 years. As an equity analyst at Capital, her coverage included insurance, U.S. household & personal care, restaurants & lodging and cruise lines companies. Jody holds an MBA from Stanford Graduate School of Business and a bachelor’s degree in economics from Princeton University graduating cum laude. She holds the Chartered Financial Analyst® designation and is a member of the CFA Institute. Jody is based in Los Angeles.

Michelle Black


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.67

0.7%

Michelle J. Black is a solutions portfolio manager at Capital Group. Her focus is on fund-of-funds and multi-asset solutions. Michelle serves on the Target Date Solutions Committee and the Portfolio Solutions Committee. She has 25 years of investment industry experience and has been with Capital Group for 18 years. During her tenure at Capital, Michelle led the development of asset allocation design for private high-net-worth clients. She has been deeply involved in glide path development for our target date series, and also worked as an asset allocation investment specialist out of our London office, where she helped construct multi-asset solutions for global institutions. Prior to joining Capital, Michelle was manager of the Los Angeles office and an investment planning analyst at Sanford C. Bernstein & Co. She holds a bachelor’s degree in business administration from the University of Southern California. She also holds the Certified Investment Management Analyst® and Certified Private Wealth Advisor® designations, is a member of the Investments & Wealth Institute and serves on the CIMA commission. Michelle is based in Los Angeles.

Samir Mathur


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.67

0.7%

Samir Mathur is a solutions portfolio manager at Capital Group. His focus is on fund-of-funds and multi-asset solutions. Samir serves on the Target Date Solutions Committee and the Portfolio Solutions Committee. He has 27 years of investment industry experience and has been with Capital Group for seven years. During his tenure at Capital, Samir has led the development of fund-of-funds solutions and several model portfolios, including tax-aware portfolio models, portfolio sleeves and model portfolios for our insurance series of funds. Prior to joining Capital, Samir was a managing director for the multi-asset trading and solutions group at Citigroup. Before that, he worked at Hewlett-Packard. He holds an MBA from University of California, Berkeley, a master’s degree in computer science from University of Southern California and a bachelor’s of technology degree from the Indian Institute of Technology, Delhi. Samir is based in New York.

David Hoag


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.67

0.7%

David A. Hoag is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee and the Target Date Solutions Committee. He has 32 years of investment experience and has been with Capital Group for 28 years. Earlier in his career, as a fixed income investment analyst at Capital, he covered municipal bonds. Prior to joining Capital, David worked as a municipal bond analyst for Van Kampen Merritt Investment Advisory Corp. in Lisle, Illinois. He holds an MBA in finance from the University of Chicago Booth School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 17.93 4.98 0.67