American Funds 2060 Target Date Retirement Fund

Frequently Asked Questions About AANTX

What does AANTX invest in?

As this fund nears and then surpasses its target retirement year, it progressively shifts its asset allocation, dedicating a larger portion of its portfolio to fixed income, equity income, and balanced investments. The fund's manager seeks to accomplish its investment goals by strategically combining and weighting various underlying American Funds. These diverse underlying components span a broad spectrum of categories, encompassing growth-oriented strategies, those balancing growth with income, income generation from equities, balanced portfolios, and fixed income securities. Each of these distinct fund types is utilized to pursue particular investment aims and methodologies.

What is the expense ratio of AANTX?

American Funds 2060 Target Date Retirement Fund (AANTX) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations.

How big is AANTX?

American Funds 2060 Target Date Retirement Fund (AANTX) manages $20.96B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is AANTX actively managed or an index fund?

AANTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was AANTX launched?

American Funds 2060 Target Date Retirement Fund (AANTX) launched in March 2015 and is managed by Capital Group.

How has AANTX performed?

AANTX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.