American Funds is trading at 18.98 as of the 13th of December 2024; that is 0.80 percent increase since the beginning of the trading day. The fund's open price was 18.83. American Funds has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a ok performance during the last 90 days. The performance scores are derived for the period starting the 13th of November 2024 and ending today, the 13th of December 2024. Click here to learn more.
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. More on American Funds 2060
American Funds 2060 Target Date Retirement Fund Class R-5E
American Funds 2060 [RHKTX] is traded in USA and was established 13th of December 2024. American Funds is listed under American Funds category by Fama And French industry classification. The fund is listed under Target-Date 2060+ category and is part of American Funds family. This fund at this time has accumulated 1.03 B in assets with minimum initial investment of 250. American Funds 2060 is currently producing year-to-date (YTD) return of 19.56% with the current yeild of 0.01%, while the total return for the last 3 years was 6.38%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Funds 2060 Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in American Mutual Fund
American Funds financial ratios help investors to determine whether American Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American Funds security.