American Funds 2050 Target Date Retirement Fund
RBHEX
NASDAQ- -
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 Chicago IL United States of America 60601
- IPO Date
- Aug 29, 2014
- CIK
- 0001380175
- Website
- riverafunds.com
- Similar Companies
- Business
- American Funds 2050 Target Date Retirement Fund (RBHEX), managed by Capital Group, seeks growth, income, and conservation of capital for investors planning to retire around 2050. The fund invests primarily in a portfolio of other American Funds, including equity funds such as American Funds Growth Fund of America, American Funds New Perspective Fund, American Funds Fundamental Investors, and American Funds Washington Mutual Investors; balanced funds; equity-income funds; and fixed-income funds, with allocations shifting over time toward fixed income, equity-income, and balanced strategies as the target date approaches and passes. As of late 2025, its asset allocation includes approximately 61% U.S. equities, 25% non-U.S. equities, 8% U.S. bonds, 2% non-U.S. bonds, and cash equivalents, with top sectors comprising information technology (24%), industrials (12%), and financials (12%); the fund holds over 3,000 companies/issuers and maintains a low portfolio turnover of 9%. Inception date is February 1, 2007, with headquarters in Los Angeles, California, and total assets under management reaching $40.1 billion as of November 30, 2025; it operates globally through underlying funds targeting U.S. and international markets, serving retirement savers via defined contribution plans and individual accounts. In December 2025, Capital Group advanced its strategic partnership with KKR to develop innovative retirement solutions, including a new target date fund solution for defined contribution plans integrating Capital Group's public market strategies with KKR's private market strategies, alongside public-private model portfolios to broaden private market access for retirement investors. The fund paid distributions in December 2024 totaling $0.5999 per share (including $0.1285 income dividend and $0.4714 long-term capital gain), with a net expense ratio of 1.17%, and continues to exhibit below-average risk with strong Morningstar ratings across multiple time periods.