American Funds 2020 Target Date Retirement Fund®

American Funds®

Share Class A

Retirement Target Date 
 fund Retirement Target Date
 
Overview

American Funds 2020 Target Date Retirement Fund may be appropriate for investors seeking:

  • A prudent way to save for retirement in a single fund
  • An investment that adjusts over time to meet their changing needs
  • A portfolio of American Funds designed for someone retiring around 2020

Objective

Depending on the proximity to its target date, the fund will seek to achieve the following objectives to varying degrees: growth, income and conservation of capital.

Manager

The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest and most respected investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.

Fund information
  • Began operations: 2/01/07
  • Net and gross expense ratios:* 0.68% / 0.68%
  • Investment expenses paid annually:† $6.80 for a $1,000 balance
  • Ticker symbol: AACTX
Underlying funds

American Funds Global Balanced FundSM will be added to the glide path effective January 2, 2015.

fund holdings
 
Past results

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. 

HistReturn
Average annual total returns through 12/31/18
  Latest10 years Latest5 years Latest3 years Latestyear
At net asset value 8.83% 4.32% 5.18% -3.04%
At maximum offering price
(Class A shares, with 5.75% maximum sales charge)
8.18% 3.10% 3.14% -8.64%
 

 

Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which the results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.