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

Updated: September 18, 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 RBCTX “stock” price, you can quickly find it out by visiting Finny and typing "RBCTX quote". If you’re looking for a quick scoop on RBCTX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "RBCTX". You’ll get all this info in one place.

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

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

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

  1. Describe American Funds Target Date Retirement Series: American Funds 2020 Target Date Retirement Fund; Class R-2 Shs (RBCTX).
  2. What are RBCTX holdings?
  3. What is RBCTX performance? What are RBCTX historical returns?
  4. How many up and down years did RBCTX have historically?
  5. What is RBCTX dividend yield?
  6. What is RBCTX minimum initial investment amount?
  7. What is RBCTX expense ratio?
  8. Does RBCTX have any sales loads or 12b-1 distribution expenses?
  9. What is RBCTX tax efficiency (tax-cost ratio)?
  10. What is RBCTX beta? How would you assess RBCTX risk?
  11. What is RBCTX Sharpe ratio?
  12. What is RBCTX Finny Score? RBCTX buy or sell?
  13. What are the pros of investing in RBCTX? What are RBCTX buy reasons?
  14. What are the cons of investing in RBCTX? What are RBCTX 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 2020 Target Date Retirement Fund; Class R-2 Shs (RBCTX).

The Fund seeks to provide for investors that plan to retire in 2020. 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 RBCTX top holdings?

RBCTX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 69.24% of total assets. Here are the top holdings:

Name Symbol % Assets
American Funds Capital Income Bldr R6 RIRGX 9.18%
American Funds Income Fund of Amer R6 RIDGX 9.18%
American Funds Interm Bd Fd of Amer R6 RBOGX 8.98%
American Funds Bond Fund of Amer R6 RBFGX 7.98%
American Funds Inflation Linked Bd R6 RILFX 6.86%
American Funds American Mutual R6 RMFGX 6.02%
American Funds Mortgage R6 RMAGX 5.98%
American Funds American High-Inc R6 RITGX 5.03%
American Funds Invmt Co of Amer R6 RICGX 5.02%
American Funds Washington Mutual R6 RWMGX 5.01%

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

RBCTX has generated the following returns:

  • 1-month return is 0.84%;
  • 3-month return is 4.00%;
  • 1-year return is 8.33%;
  • 3-year return is 5.77%;
  • 5-year return is 6.72%;
  • 10-year return is 7.27%.

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

In the last 10 years, RBCTX had 8 up years and 2 down years. See Performances

5. What is RBCTX dividend yield?

RBCTX yield is 1.12%.

6. What is RBCTX minimum initial investment amount?

RBCTX minimum initial investment amount is N/A.

7. What is RBCTX expense ratio?

RBCTX 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. See Expenses

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

RBCTX 12b-1 distribution fee is 0.75. RBCTX front-end sales load is 0. RBCTX back-end sales load is 0.

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

  • 1-year ax cost ratio is 0.83%;
  • 3-year ax cost ratio is 0.7%.

See Taxes

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

  • 3-year beta is 0.74;
  • 5-year beta is 0.76;
  • 10-year beta is 0.87.

See Risks

11. What is RBCTX Sharpe ratio?

  • 3-year Sharpe ratio is 0.44;
  • 5-year Sharpe ratio is 0.56;
  • 10-year Sharpe ratio is 0.91.

See Risks

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 RBCTX? What are RBCTX buy reasons?

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

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

The following are RBCTX weaknesses from our perspective:

  • <strong>RBCTX net assets</strong> are $753.20 million. This fund is not a popular choice with retail investors.
  • <strong>RBCTX 3-year return</strong> is 5.77%, which is lower than the 3-year return of the benchmark index (S&P Target Date Through 2020 TR), 6.67%.
  • <strong>RBCTX 5-year return</strong> is 6.72%, which is lower than the 5-year return of the benchmark index (S&P Target Date Through 2020 TR), 7.91%.
  • <strong>RBCTX 10-year return</strong> is 7.27%, which is lower than the 10-year return of the benchmark index (S&P Target Date Through 2020 TR), 8.27%.
  • <strong>RBCTX 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 sales fee. The maximum 12b1 fee is 0.75%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund.
In the RBCTX review, we covered RBCTX 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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