American Funds 2050 Trgt Date Retire A
AALTX
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USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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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 2050 Target Date Retirement Fund Class A (AALTX) is a target date mutual fund offered by Capital Group that seeks growth, income, and conservation of capital depending on proximity to its 2050 target retirement date; it invests primarily in a portfolio of underlying American Funds including equity funds such as Capital World Growth and Income Fund (RWIGX), AMCAP Fund (RAFGX), and Growth Fund of America, as well as fixed income, equity-income, and balanced funds, with current allocations of approximately 61% U.S. equities, 26% non-U.S. equities, 7-8% U.S. bonds, 2% non-U.S. bonds, and the balance in cash equivalents. The fund adjusts its glide path over time, increasingly emphasizing income and conservation by shifting toward fixed income and balanced strategies as it approaches and passes the target date, while maintaining active management for 30 years post-target; it features a low expense ratio of 0.69%, portfolio turnover around 5-9%, and quarterly distributions including income dividends and capital gains paid in December. Founded in 2007 and headquartered at 333 South Hope Street in Los Angeles, California, the fund operates globally through its underlying investments targeting investors planning retirement around 2050, with assets under management exceeding $40 billion as of late 2025 and over 119,000 shareholder accounts. In recent developments, Capital Group, the fund's investment adviser, expanded its strategic partnership with KKR in June 2025 to deliver integrated retirement and wealth solutions, complementing the Target Date Retirement Series' active management approach; the series continues to evolve underlying fund allocations subject to oversight committee discretion, with prospectus updates effective January 1, 2025, and sustained strong performance metrics including below-average risk and high Morningstar ratings across 3-, 5-, and 10-year periods.