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

Updated: September 27, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

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 -0.88%;
  • 3-month return is 2.36%;
  • 1-year return is 5.30%;
  • 3-year return is 4.19%;
  • 5-year return is 5.30%;
  • 10-year return is 5.62%.

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.

CCATX up and 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.

CCATX 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 0.78%;
  • 3-year ax cost ratio is 0.68%.
CCATX tax costs

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

  • 3-year beta is 0.63;
  • 5-year beta is 0.65;
  • 10-year beta is 0.68.
CCATX Beta

11. What is CCATX Sharpe ratio?

  • 3-year Sharpe ratio is 0.38;
  • 5-year Sharpe ratio is 0.53;
  • 10-year Sharpe ratio is 0.92.
CCATX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 6 reasons to sell it, resulting in the Finny Score of 0.

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

We don't see any strong reasons to buy CCATX.

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

The following are CCATX weaknesses from our perspective:

  • <strong>CCATX net assets</strong> are $28.80 million. This fund is not a popular choice with retail investors.
  • <strong>CCATX 3-year return</strong> is 4.19%, which is lower than the 3-year return of the benchmark index (S&P Target Date Through 2010 TR), 5.89%.
  • <strong>CCATX 5-year return</strong> is 5.3%, which is lower than the 5-year return of the benchmark index (S&P Target Date Through 2010 TR), 6.43%.
  • <strong>CCATX 10-year return</strong> is 5.62%, which is lower than the 10-year return of the benchmark index (S&P Target Date Through 2010 TR), 6.72%.
  • <strong>CCATX expense ratio</strong> is 1.41%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • 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.
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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