American Funds 2060 Target Date Retirement Fund® Class R-5
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Risk
Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
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Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
Capital Group
Manager/Tenure
(Years)
(Years)
Wesley K. Phoa (10), Michelle J. Black (5), David A. Hoag (5), 5 others
Website
Address
333 S. Hope Street
Los Angeles CA - 90071
Los Angeles CA - 90071
Country
United States
Phone Number
213-486-9257
Investment Strategy
The investment seeks growth, income and conservation of capital. The fund normally invests a greater portion of its assets in fixed income, equity income and balanced funds as it approaches and passes its target date. The advisor 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, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives and strategies.