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

Updated: Today
50
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
Bear Case
  • Low net assets
  • High expense ratio
  • Sales load and/or distribution fees

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

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

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

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

  1. Describe American Funds Target Date Retirement Series: American Funds 2040 Target Date Retirement Fund; Class C Shares (CCGTX).
  2. What are CCGTX holdings?
  3. What is CCGTX performance? What are CCGTX historical returns?
  4. How many up and down years did CCGTX have historically?
  5. What is CCGTX dividend yield?
  6. What is CCGTX minimum initial investment amount?
  7. What is CCGTX expense ratio?
  8. Does CCGTX have any sales loads or 12b-1 distribution expenses?
  9. What is CCGTX tax efficiency (tax-cost ratio)?
  10. What is CCGTX beta? How would you assess CCGTX risk?
  11. What is CCGTX Sharpe ratio?
  12. What is CCGTX Finny Score? CCGTX buy or sell?
  13. What are the pros of investing in CCGTX? What are CCGTX buy reasons?
  14. What are the cons of investing in CCGTX? What are CCGTX 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 2040 Target Date Retirement Fund; Class C Shares (CCGTX).

The Fund seeks to provide for investors that plan to retire in 2040. 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 CCGTX top holdings?

CCGTX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 66.94% of total assets. Here are the top holdings:

Name Symbol % Assets
American Funds Washington Mutual R6 RWMGX 8.00%
American Funds Invmt Co of Amer R6 RICGX 7.04%
American Funds New Perspective R6 RNPGX 7.01%
American Funds AMCAP R6 RAFGX 6.99%
American Funds Growth Fund of Amer R6 RGAGX 6.99%
American Funds SMALLCAP World R6 RLLGX 6.89%
American Funds American Mutual R6 RMFGX 6.02%
American Funds Fundamental Invs R6 RFNGX 6.01%
American Funds Global Balanced R6 RGBGX 6.00%
American Funds American Balanced R6 RLBGX 5.99%

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

CCGTX has generated the following returns:

  • 1-month return is 2.57%;
  • 3-month return is 4.03%;
  • 1-year return is 12.44%;
  • 3-year return is 7.94%;
  • 5-year return is 8.97%;
  • 10-year return is 9.14%.

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

In the last 10 years, CCGTX had 7 up years and 3 down years.

CCGTX up and down years

5. What is CCGTX dividend yield?

CCGTX yield is 0.36%.

6. What is CCGTX minimum initial investment amount?

CCGTX minimum initial investment amount is $1.00K.

7. What is CCGTX expense ratio?

CCGTX expense ratio is 1.48%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

CCGTX expenses

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

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

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

  • 1-year ax cost ratio is 0.86%;
  • 3-year ax cost ratio is 0.75%.
CCGTX tax costs

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

  • 3-year beta is 1.35;
  • 5-year beta is 1.35;
  • 10-year beta is 1.36.
CCGTX Beta

11. What is CCGTX Sharpe ratio?

  • 3-year Sharpe ratio is 0.45;
  • 5-year Sharpe ratio is 0.52;
  • 10-year Sharpe ratio is 0.82.
CCGTX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 50. Our quantitative analysis shows 3 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 50.

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

The following are CCGTX strengths from our perspective:

  • <strong>CCGTX 3-year return</strong> is 7.94%, which is higher than the 3-year return of the benchmark index (S&P Target Date Through 2040 TR), 6.98%.
  • <strong>CCGTX 5-year return</strong> is 8.97%, which is higher than the 5-year return of the benchmark index (S&P Target Date Through 2040 TR), 8.66%.
  • <strong>CCGTX 10-year return</strong> is 9.14%, which is in line with the 10-year return of the benchmark index (S&P Target Date Through 2040 TR), 9.31%.

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

The following are CCGTX weaknesses from our perspective:

  • <strong>CCGTX net assets</strong> are $144.90 million. This fund is not a popular choice with retail investors.
  • <strong>CCGTX expense ratio</strong> is 1.48%, 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 CCGTX review, we covered CCGTX 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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