Finny logo
Finny logo
Dibs:
Dibs:
0

7-day free trial: Get unlimited comparisons, and stock, ETF and mutual fund analyses for just $14.95 a month, without ads. Start a free trial. Go ad free!

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

Updated: September 19, 2020
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 RBITX “stock” price, you can quickly find it out by visiting Finny and typing "RBITX quote". If you’re looking for a quick scoop on RBITX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "RBITX". You’ll get all this info in one place.

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

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

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

  1. Describe American Funds Target Date Retirement Series: American Funds 2050 Target Date Retirement Fund; Class R-2 Shs (RBITX).
  2. What are RBITX holdings?
  3. What is RBITX performance? What are RBITX historical returns?
  4. How many up and down years did RBITX have historically?
  5. What is RBITX dividend yield?
  6. What is RBITX minimum initial investment amount?
  7. What is RBITX expense ratio?
  8. Does RBITX have any sales loads or 12b-1 distribution expenses?
  9. What is RBITX tax efficiency (tax-cost ratio)?
  10. What is RBITX beta? How would you assess RBITX risk?
  11. What is RBITX Sharpe ratio?
  12. What is RBITX Finny Score? RBITX buy or sell?
  13. What are the pros of investing in RBITX? What are RBITX buy reasons?
  14. What are the cons of investing in RBITX? What are RBITX 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 2050 Target Date Retirement Fund; Class R-2 Shs (RBITX).

The Fund seeks to provide for investors that plan to retire in 2050. 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 RBITX top holdings?

RBITX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 73.89% of total assets. Here are the top holdings:

Name Symbol % Assets
American Funds Invmt Co of Amer R6 RICGX 8.99%
American Funds Washington Mutual R6 RWMGX 8.94%
American Funds American Mutual R6 RMFGX 7.96%
American Funds Fundamental Invs R6 RFNGX 7.95%
American Funds AMCAP R6 RAFGX 7.03%
American Funds Growth Fund of Amer R6 RGAGX 7.03%
American Funds New Perspective R6 RNPGX 7.01%
American Funds SMALLCAP World R6 RLLGX 6.98%
American Funds Capital World Gr&Inc R6 RWIGX 6.96%
American Funds American Balanced R6 RLBGX 5.04%

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

RBITX has generated the following returns:

  • 1-month return is 1.89%;
  • 3-month return is 7.87%;
  • 1-year return is 14.68%;
  • 3-year return is 9.09%;
  • 5-year return is 10.41%;
  • 10-year return is 10.07%.

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

In the last 10 years, RBITX had 7 up years and 3 down years. See Performances

5. What is RBITX dividend yield?

RBITX yield is 0.18%.

6. What is RBITX minimum initial investment amount?

RBITX minimum initial investment amount is N/A.

7. What is RBITX expense ratio?

RBITX expense ratio is 1.49%. 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 RBITX have any sales loads or 12b-1 distribution expenses?

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

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

  • 1-year ax cost ratio is 0.82%;
  • 3-year ax cost ratio is 0.72%.

See Taxes

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

  • 3-year beta is 1.40;
  • 5-year beta is 1.40;
  • 10-year beta is 1.39.

See Risks

11. What is RBITX Sharpe ratio?

  • 3-year Sharpe ratio is 0.46;
  • 5-year Sharpe ratio is 0.53;
  • 10-year Sharpe ratio is 0.82.

See Risks

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 RBITX? What are RBITX buy reasons?

The following are RBITX strengths from our perspective:

  • <strong>RBITX 3-year return</strong> is 9.09%, which is higher than the 3-year return of the benchmark index (S&P Target Date Through 2050 TR), 7.67%.
  • <strong>RBITX 5-year return</strong> is 10.41%, which is higher than the 5-year return of the benchmark index (S&P Target Date Through 2050 TR), 9.96%.
  • <strong>RBITX 10-year return</strong> is 10.07%, which is in line with the 10-year return of the benchmark index (S&P Target Date Through 2050 TR), 10.09%.

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

The following are RBITX weaknesses from our perspective:

  • <strong>RBITX net assets</strong> are $644.90 million. This fund is not a popular choice with retail investors.
  • <strong>RBITX expense ratio</strong> is 1.49%, 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 RBITX review, we covered RBITX 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.
Follow Us