- What does RCKTX invest in?
- As this fund approaches and moves past its target retirement year, it progressively shifts its asset allocation, dedicating a larger portion of its portfolio to more conservative investments like fixed income, equity-income, and balanced funds. The portfolio managers aim to achieve the fund's objectives by strategically investing in a diverse blend of underlying American Funds, employing varied combinations and weightings. These constituent American Funds represent a broad spectrum of categories, including growth-oriented equities, funds focused on both growth and income, dividend-generating equity income portfolios, diversified balanced funds, and various fixed income vehicles, each designed with distinct investment goals and strategies.
- What is the expense ratio of RCKTX?
- American Funds 2040 Trgt Date Retire R3 (RCKTX) charges an expense ratio of 1.00%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RCKTX?
- American Funds 2040 Trgt Date Retire R3 (RCKTX) manages $53.30B 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 RCKTX actively managed or an index fund?
- RCKTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was RCKTX launched?
- American Funds 2040 Trgt Date Retire R3 (RCKTX) launched in January 2007 and is managed by Capital Group.
- How has RCKTX performed?
- RCKTX'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.
