CCGTX: American Funds 2040 Trgt Date Retire C - MutualFunds.com

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CCGTX American Funds 2040 Trgt Date Retire C

CCGTX - Profile

Vitals

  • YTD Return 13.9%
  • 3 Yr Annualized Return 6.1%
  • 5 Yr Annualized Return 4.1%
  • Net Assets $16.8 B
  • Holdings in Top 10 67.2%

52 WEEK LOW AND HIGH

$15.28
$13.17
$15.60

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.10%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$25

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2040

Distributions

  • YTD Total Return 13.9%
  • 3 Yr Annualized Total Return 9.4%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.49%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Funds 2040 Target Date Retirement Fund®
  • Fund Family Name American Funds
  • Inception Date Feb 21, 2014
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager James B. Lovelace

Fund Description

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, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives.

CCGTX - Performance

Return Ranking - Trailing

Period CCGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.9% 3.8% 18.3% 32.79%
1 Yr 2.5% -1.9% 8.3% 69.16%
3 Yr 6.1%* -5.9% 10.1% 20.62%
5 Yr 4.1%* -3.7% 8.0% 27.85%
10 Yr N/A* -6.0% 10.2% N/A

* Annualized


Return Ranking - Calendar

Period CCGTX Return Category Return Low Category Return High Rank in Category (%)
2018 -10.4% -17.8% -3.6% 73.55%
2017 18.4% -12.3% 20.9% 16.11%
2016 3.8% -4.2% 7.5% 49.21%
2015 -5.0% -13.0% -0.3% 54.97%
2014 N/A -49.7% 34.8% N/A

Total Return Ranking - Trailing

Period CCGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.9% 3.8% 18.3% 32.79%
1 Yr 6.9% -4.2% 11.1% 15.10%
3 Yr 9.4%* -5.9% 10.8% 8.87%
5 Yr 7.8%* -3.7% 9.1% 9.81%
10 Yr N/A* -4.1% 10.2% N/A

* Annualized


Total Return Ranking - Calendar

Period CCGTX Return Category Return Low Category Return High Rank in Category (%)
2018 -6.5% -17.3% -0.9% 45.87%
2017 20.6% -12.3% 24.1% 7.95%
2016 7.0% 0.2% 9.8% 17.83%
2015 -0.5% -9.4% 0.7% 23.51%
2014 N/A -47.6% 39.2% N/A

NAV & Total Return History

CCGTX - Holdings

Concentration Analysis

CCGTX Category Low Category High CCGTX % Rank
Net Assets 16.8 B 111 K 24.1 B 9.05%
Number of Holdings 19 2 121 55.90%
Net Assets in Top 10 10.8 B 81.4 K 16.9 B 10.02%
Weighting of Top 10 67.17% 59.5% 104.7% 86.27%

Top 10 Holdings

  1. American Funds Washington Mutual R6 7.99%

  2. American Funds Invmt Co of Amer R6 7.10%

  3. American Funds AMCAP R6 7.03%

  4. American Funds Growth Fund of Amer R6 7.03%

  5. American Funds New Perspective R6 7.03%

  6. American Funds SMALLCAP World R6 6.95%

  7. American Funds Fundamental Invs R6 6.09%

  8. American Funds American Mutual R6 6.09%

  9. American Funds American Balanced R6 5.99%

  10. American Funds Global Balanced R6 5.88%


Asset Allocation

Weighting Return Low Return High CCGTX % Rank
Stocks
82.13% 15.75% 93.24% 25.53%
Bonds
10.83% -40.53% 75.69% 77.71%
Cash
6.85% -11.60% 112.41% 36.67%
Preferred Stocks
0.12% 0.00% 1.66% 40.23%
Other
0.04% -0.36% 14.87% 32.79%
Convertible Bonds
0.03% 0.00% 1.06% 77.87%

Stock Sector Breakdown

Weighting Return Low Return High CCGTX % Rank
Technology
18.34% 2.10% 19.30% 10.66%
Healthcare
12.57% 1.44% 12.99% 10.50%
Financial Services
10.55% 3.03% 17.53% 33.60%
Consumer Cyclical
9.86% 1.78% 13.08% 25.36%
Industrials
8.11% 1.43% 13.44% 35.54%
Consumer Defense
6.34% 1.02% 10.05% 29.56%
Energy
6.23% 0.69% 7.70% 17.45%
Basic Materials
3.83% 0.45% 5.34% 16.48%
Communication Services
2.39% 0.29% 3.70% 22.94%
Utilities
2.11% 0.16% 7.32% 38.45%
Real Estate
1.69% 0.41% 9.81% 57.67%

Stock Geographic Breakdown

Weighting Return Low Return High CCGTX % Rank
US
53.83% 6.67% 63.44% 26.01%
Non US
28.30% 4.82% 38.88% 23.91%

Bond Sector Breakdown

Weighting Return Low Return High CCGTX % Rank
Government
7.00% -0.51% 75.69% 70.60%
Cash & Equivalents
6.83% -42.81% 112.41% 28.27%
Securitized
2.03% 0.00% 33.34% 80.78%
Corporate
1.91% 0.00% 31.66% 84.98%
Municipal
0.02% 0.00% 6.74% 73.67%
Derivative
0.00% -82.56% 7.98% 49.43%

Bond Geographic Breakdown

Weighting Return Low Return High CCGTX % Rank
US
9.21% -52.61% 75.69% 76.90%
Non US
1.62% 0.00% 18.27% 77.87%

CCGTX - Expenses

Operational Fees

CCGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.10% 0.00% 108.50% 29.06%
Management Fee 0.00% 0.00% 0.77% 58.80%
12b-1 Fee 1.00% 0.00% 1.00% 98.39%
Administrative Fee 0.05% 0.00% 0.40% 51.74%

Sales Fees

CCGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 91.23%

Trading Fees

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

Turnover 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.

CCGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 165.00% 13.14%

CCGTX - Distributions

Dividend Yield Analysis

CCGTX Category Low Category High CCGTX % Rank
Dividend Yield 0.32% 0.00% 2.67% 63.81%

Dividend Distribution Analysis

CCGTX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Dividend Payout History


Net Income Ratio Analysis

CCGTX Category Low Category High CCGTX % Rank
Net Income Ratio 0.49% -0.59% 4.60% 86.36%

Capital Gain Distribution Analysis

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

CCGTX - Managers

James B. Lovelace

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2007

12.67

12.7%

James B. Lovelace is an equity portfolio manager at Capital Group. He has 36 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. 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.


John H. Smet

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2007

12.67

12.7%

John H. Smet is a fixed income portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 37 years of investment experience and has been with Capital Group for 35 years. Earlier in his career, as a fixed income investment analyst at Capital, John covered mortgage-backed securities and railroads. He holds an MBA in finance and a bachelor’s degree in economics from the University of Wisconsin-Madison. He also holds the Chartered Financial Analyst® designation and is a member of the Los Angeles Society of Financial Analysts. John is based in Los Angeles.


Alan N. Berro

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 2007

12.67

12.7%

Alan N. Berro is an equity portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 33 years of investment experience and has been with Capital Group for 28 years. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. utilities, capital goods and machinery companies. Before joining Capital, he was a portfolio manager and utilities analyst for Fidelity Management and Research Company in Boston. He also worked as an auditor for Price Waterhouse in Los Angeles. He holds an MBA from Harvard Business School and a bachelor’s degree in economics from the University of California, Los Angeles graduating magna cum laude. He also holds the certified public accountant and Chartered Financial Analyst® designations and is a member of the Los Angeles Society of Financial Analysts. Alan is based in Los Angeles.


Andrew B. Suzman

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2012

7.75

7.8%

Andrew B. Suzman is an equity portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 25 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Andrew covered global real-estate companies, U.S. merchandising, and Australian industrials and banks. He holds an MBA from Harvard Business School and a bachelor’s degree in political economy from Tulane University. Andrew is based in New York.


Wesley K.-S. Phoa

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2012

7.75

7.8%

Wesley Phoa is a fixed income portfolio manager and quantitative analyst at Capital Group. His research responsibilities cover quantitative research and financial economics. He also serves on the Portfolio Oversight Committee. He has 25 years of investment experience and has been with Capital Group for 20 years. 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 J. Vogt

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2012

7.75

7.8%

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 F. Jonsson

Manager

Start Date

Tenure

Tenure Rank

Jan 01, 2015

4.75

4.8%

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.


Tenure Analysis

Category Low

0.0

Category High

17.01

Category Average

6.29

Category Mode

7.75