14 important things you should know about American Funds CCATX mutual fund

Updated: June 28, 2020
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Before we start: if you’re looking for CCATX “stock” price, you can quickly find it out by visiting Finny and typing "CCATX quote". If you’re looking for a quick scoop on CCATX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "CCATX". You’ll get all this info in one place.

Are you looking to buy or sell CCATX? Or perhaps you’re looking for CCATX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this CCATX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: CCATX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: CCATX buy or sell; the pros and cons of investing in CCATX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to CCATX.

And here is the list of questions we’ll answer:

  1. Describe American Funds Target Date Retirement Series: American Funds 2010 Target Date Retirement Fund; Class C Shares (CCATX).
  2. What are CCATX holdings?
  3. What is CCATX performance? What are CCATX historical returns?
  4. How many up and down years did CCATX have historically?
  5. What is CCATX dividend yield?
  6. What is CCATX minimum initial investment amount?
  7. What is CCATX expense ratio?
  8. Does CCATX have any sales loads or 12b-1 distribution expenses?
  9. What is CCATX tax efficiency (tax-cost ratio)?
  10. What is CCATX beta? How would you assess CCATX risk?
  11. What is CCATX Sharpe ratio?
  12. What is CCATX Finny Score? CCATX buy or sell?
  13. What are the pros of investing in CCATX? What are CCATX buy reasons?
  14. What are the cons of investing in CCATX? What are CCATX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Funds Target Date Retirement Series: American Funds 2010 Target Date Retirement Fund; Class C Shares (CCATX).

The Fund seeks to provide for investors that plan to retire in 2010. Depending on its proximity to its target date, the Fund will seek to achieve the following: growth, income and conservation of capital. Each Fund will attempt to achieve its investment objectives by investing in a mix of American Funds.

2. What are CCATX top holdings?

CCATX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 79.09% of total assets. Here are the top holdings:

Name Symbol % Assets
American Funds Interm Bd Fd of Amer R6 RBOGX 14.15%
American Funds Capital Income Bldr R6 RIRGX 12.22%
American Funds Income Fund of Amer R6 RIDGX 12.20%
American Funds Bond Fund of Amer R6 RBFGX 8.07%
American Funds Inflation Linked Bd R6 RILFX 6.75%
American Funds Mortgage R6 RMAGX 6.02%
American Funds ST Bd Fd of Amer R6 RMMGX 5.23%
American Funds American Mutual R6 RMFGX 4.97%
American Funds American High-Inc R6 RITGX 4.78%
American Funds Capital World Bond R6 RCWGX 4.70%

3. What is CCATX performance? What are CCATX historical returns?

CCATX has generated the following returns:

  • 1-month return is 1.24%;
  • 3-month return is -4.91%;
  • 1-year return is 2.29%;
  • 3-year return is 3.31%;
  • 5-year return is 3.18%;
  • 10-year return is 5.37%.

4. How many up and down years did CCATX have historically?

In the last 10 years, CCATX had 8 up years and 2 down years.

5. What is CCATX dividend yield?

CCATX yield is 1.41%.

6. What is CCATX minimum initial investment amount?

CCATX minimum initial investment amount is $1.00K.

7. What is CCATX expense ratio?

CCATX expense ratio is 1.41%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does CCATX have any sales loads or 12b-1 distribution expenses?

CCATX 12b-1 distribution fee is 1. CCATX front-end sales load is 0. CCATX back-end sales load is 1.

9. What is CCATX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.91%;
  • 3-year ax cost ratio is 0.72%.

10. What is CCATX beta? How would you assess CCATX risk?

  • 3-year beta is 0.62;
  • 5-year beta is 0.66;
  • 10-year beta is 0.69.

11. What is CCATX Sharpe ratio?

  • 3-year Sharpe ratio is 0.07;
  • 5-year Sharpe ratio is 0.25;
  • 10-year Sharpe ratio is 0.72.

Analysis

12. What is CCATX Finny Score? CCATX buy or sell?

CCATX Finny Score is 33. Our quantitative analysis shows 3 reasons to buy CCATX and 6 reasons to sell it, resulting in the Finny Score of 33.

13. What are the pros of investing in CCATX? What are CCATX buy reasons?

The following are CCATX strengths from our perspective:

  • CCATX 3-year Beta is 0.62, which is inversely correlated with the index (Morningstar Mod Tgt Risk TR USD). The could be good if you're trying to hedge your portfolio.
  • CCATX 5-year Beta is 0.66, which is inversely correlated with the index (Morningstar Mod Tgt Risk TR USD). The could be good if you're trying to hedge your portfolio.
  • CCATX 10-year Beta is 0.69, which is inversely correlated with the index (Morningstar Mod Tgt Risk TR USD). The could be good if you're trying to hedge your portfolio.

14. What are the cons of investing in CCATX? What are CCATX negatives?

The following are CCATX weaknesses from our perspective:

  • CCATX net assets are $28.80 million. This fund is not a popular choice with retail investors.
  • CCATX 3-year return is 3.31%, which is lower than the 3-year return of the benchmark index (S&P Target Date Through 2010 TR), 4.47%.
  • CCATX 5-year return is 3.18%, which is lower than the 5-year return of the benchmark index (S&P Target Date Through 2010 TR), 4.03%.
  • CCATX 10-year return is 5.37%, which is lower than the 10-year return of the benchmark index (S&P Target Date Through 2010 TR), 6.39%.
  • Warning: this fund has a 12b1 and deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
  • CCATX expense ratio is 1.41%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the CCATX review, we covered CCATX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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