3 / 5 Stars
5 5 2 5 4
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
#6 in Target Date 2036-2040
U.S. News evaluated 52 Target Date 2036-2040 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 22.77 percent over the past year, 12.01 percent over the past three years, and 20.05 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||1.8%|
|3 Years (Annualized)||12.0%|
|5 Years (Annualized)||20.1%|
|10 Years (Annualized)||N/A|
The investment seeks growth, income and conservation of capital. The fund normally invests a greater portion of assets in bond, equity-income and balanced funds as it approaches and passes its target date. It 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 such as growth funds, growth-and-income funds, equity-income funds and a balanced fund and bond funds. The fund categories represent differing investment objectives.
Fees are Average compared to funds in the same category.
American Funds 2040 Target Date Retirement Fund® has an expense ratio of 0.36 percent.
Risk is Low compared to funds in the same category according to Morningstar.