American Funds 2050 Target Date Retirement Fund Class A
AAFTX
NASDAQ22.30
USD
+0.01
- -
CIK
0001380175
ISIN
US02630T6477
CUSIP
02630T647
Return %
Stock
S&P500
1Y
7.89
18.99
3Y
32.03
64.75
5Y
13.37
71.84
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles, CA 90071 Los Angeles CA United States of America 90071
- IPO Date
- Feb 2, 2007
- CIK
- 0001380175
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds 2035 Target Date Retirement Fund (AAFTX) is a target-date mutual fund managed by Capital Group that seeks growth, income, and conservation of capital for investors planning retirement around 2035 by dynamically adjusting its asset allocation based on proximity to the target date. The fund invests primarily in a diversified portfolio of other American Funds, including equity funds such as American Funds AMCAP Fund, The Growth Fund of America, Fundamental Investors, and Washington Mutual Investors Fund; balanced funds like American Balanced Fund and American Funds Global Balanced Fund; bond funds encompassing short-term, intermediate-term, long-term, inflation-linked, high-yield, and multi-sector fixed-income strategies; and smaller allocations to international and emerging markets equity funds. As of November 30, 2025, its asset allocation comprises approximately 48.8% U.S. equities, 17.2% non-U.S. equities, 25.8% U.S. bonds, 3.1% non-U.S. bonds, and 5.1% cash and equivalents, with sector emphases in information technology (17.1%), industrials (9.2%), and financials (9.0%); the portfolio holds over 3,653 companies and issuers. Launched on February 1, 2007, and headquartered in Los Angeles, California, as part of the American Funds Target Date Retirement Series, AAFTX operates globally through its underlying funds, targeting individual and institutional retirement savers in the United States with a minimum initial investment of $250. The fund maintains a net expense ratio of 0.67%, comprising acquired fund fees and expenses of 0.33%, a 12b-1 service fee of 0.25%, and other expenses of 0.09%, with a low portfolio turnover of 9% in 2025; it pays regular dividends and capital gains annually in December. A team of investment professionals, including Wesley Phoa (since 2012), Michelle Black and David Hoag (since 2020), Shannon Ward (since 2021), Jessica Spaly (since 2023), and Raj Paramaguru and William Robbins (since 2024), oversees the fund's glide path, which continues to shift toward income and conservation for about 30 years post-target date. In recent developments, the fund distributed total 2024 year-to-date payouts of $0.8058 per share (including $0.3264 in income dividends and $0.4794 in long-term capital gains) on December 27, 2024, reflecting strong underlying performance; its prospectus was updated effective January 1, 2025. Amid the broader series' objective-based glide path adjustments as of March 31, 2024, which allow deviations of no more than 10% from target allocations and permit underlying fund additions or removals, AAFTX sustained below-average risk with a 10-year Sharpe ratio of 0.68 and earned strong Morningstar ratings across 3-, 5-, and 10-year periods among Target-Date 2035 peers.