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

Updated: September 19, 2020
100
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
  • No sales load or distribution fees
Bear Case
  • No Bear case arguments for now!

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

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

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

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

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 RFGTX top holdings?

RFGTX 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 RFGTX performance? What are RFGTX historical returns?

RFGTX has generated the following returns:

  • 1-month return is 1.83%;
  • 3-month return is 7.83%;
  • 1-year return is 15.32%;
  • 3-year return is 9.97%;
  • 5-year return is 11.32%;
  • 10-year return is 11.08%.

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

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

5. What is RFGTX dividend yield?

RFGTX yield is 1.32%.

6. What is RFGTX minimum initial investment amount?

RFGTX minimum initial investment amount is N/A.

7. What is RFGTX expense ratio?

RFGTX expense ratio is 0.38%. 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 RFGTX have any sales loads or 12b-1 distribution expenses?

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

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

  • 1-year ax cost ratio is 1.05%;
  • 3-year ax cost ratio is 0.96%.

See Taxes

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

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

See Risks

11. What is RFGTX Sharpe ratio?

  • 3-year Sharpe ratio is 0.53;
  • 5-year Sharpe ratio is 0.61;
  • 10-year Sharpe ratio is 0.91.

See Risks

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 100. Our quantitative analysis shows 4 reasons to buy and 0 reasons to sell it, resulting in the Finny Score of 100.

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

The following are RFGTX strengths from our perspective:

  • <strong>RFGTX 3-year return</strong> is 9.97%, which is higher than the 3-year return of the benchmark index (S&P Target Date Through 2040 TR), 7.53%.
  • <strong>RFGTX 5-year return</strong> is 11.32%, which is higher than the 5-year return of the benchmark index (S&P Target Date Through 2040 TR), 9.67%.
  • <strong>RFGTX 10-year return</strong> is 11.08%, which is higher than the 10-year return of the benchmark index (S&P Target Date Through 2040 TR), 9.9%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

There are no visible red flags.

In the RFGTX review, we covered RFGTX 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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