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

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

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

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

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

  1. Describe American Funds Target Date Retirement Series: American Funds 2045 Target Date Retirement Fund; Class C Shares (CCHTX).
  2. What are CCHTX holdings?
  3. What is CCHTX performance? What are CCHTX historical returns?
  4. How many up and down years did CCHTX have historically?
  5. What is CCHTX dividend yield?
  6. What is CCHTX minimum initial investment amount?
  7. What is CCHTX expense ratio?
  8. Does CCHTX have any sales loads or 12b-1 distribution expenses?
  9. What is CCHTX tax efficiency (tax-cost ratio)?
  10. What is CCHTX beta? How would you assess CCHTX risk?
  11. What is CCHTX Sharpe ratio?
  12. What is CCHTX Finny Score? CCHTX buy or sell?
  13. What are the pros of investing in CCHTX? What are CCHTX buy reasons?
  14. What are the cons of investing in CCHTX? What are CCHTX 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 2045 Target Date Retirement Fund; Class C Shares (CCHTX).

The Fund seeks to provide for investors that plan to retire in 2045. 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 CCHTX top holdings?

CCHTX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 69.92% 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 7.99%
American Funds AMCAP R6 RAFGX 7.04%
American Funds Growth Fund of Amer R6 RGAGX 7.03%
American Funds New Perspective R6 RNPGX 7.01%
American Funds American Mutual R6 RMFGX 6.97%
American Funds SMALLCAP World R6 RLLGX 6.97%
American Funds Fundamental Invs R6 RFNGX 6.96%
American Funds American Balanced R6 RLBGX 5.99%
American Funds Capital World Gr&Inc R6 RWIGX 5.96%

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

CCHTX has generated the following returns:

  • 1-month return is 5.46%;
  • 3-month return is -10.53%;
  • 1-year return is 1.15%;
  • 3-year return is 5.61%;
  • 5-year return is 5.46%;
  • 10-year return is 8.45%.

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

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

5. What is CCHTX dividend yield?

CCHTX yield is 0.32%.

6. What is CCHTX minimum initial investment amount?

CCHTX minimum initial investment amount is $1.00K.

7. What is CCHTX expense ratio?

CCHTX 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.

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

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

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

  • 1-year ax cost ratio is 0.9%;
  • 3-year ax cost ratio is 0.75%.

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

  • 3-year beta is 1.37;
  • 5-year beta is 1.37;
  • 10-year beta is 1.38.

11. What is CCHTX Sharpe ratio?

  • 3-year Sharpe ratio is 0.13;
  • 5-year Sharpe ratio is 0.28;
  • 10-year Sharpe ratio is 0.59.

Analysis

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

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

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

The following are CCHTX strengths from our perspective:

  • CCHTX 3-year return is 5.61%, which is higher than the 3-year return of the benchmark index (S&P Target Date Through 2045 TR), 3.97%.
  • CCHTX 5-year return is 5.46%, which is higher than the 5-year return of the benchmark index (S&P Target Date Through 2045 TR), 4.66%.
  • CCHTX 10-year return is 8.45%, which is in line with the 10-year return of the benchmark index (S&P Target Date Through 2045 TR), 8.71%.

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

The following are CCHTX weaknesses from our perspective:

  • CCHTX net assets are $106.70 million. This fund is not a popular choice with retail investors.
  • 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.
  • CCHTX expense ratio is 1.48%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • CCHTX 3-year Beta is 1.37, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • CCHTX 5-year Beta is 1.37, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • CCHTX 10-year Beta is 1.38, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
In the CCHTX review, we covered CCHTX 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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