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American Funds 2045 Target Date Retirement Fund (AAHTX)

Mutual Fund · Currency in USD · Last updated May 31, 2023

The investment seeks growth, income and conservation of capital. The fund normally invests a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. The advisor attempts to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives.

Fund Info

ISINUS02630T5149
CUSIP02630T514
IssuerAmerican Funds
Inception DateJan 31, 2007
CategoryTarget Retirement Date
Minimum Investment$250
Asset ClassMulti-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

The American Funds 2045 Target Date Retirement Fund has a high expense ratio of 0.33%, indicating higher-than-average management fees.


0.33%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in American Funds 2045 Target Date Retirement Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-8.00%-6.00%-4.00%-2.00%0.00%2.00%4.00%2023FebruaryMarchAprilMay
2.74%
3.16%
AAHTX (American Funds 2045 Target Date Retirement Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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Return

American Funds 2045 Target Date Retirement Fund had a return of 6.85% year-to-date (YTD) and 1.33% in the last 12 months. Over the past 10 years, American Funds 2045 Target Date Retirement Fund had an annualized return of 8.77%, while the S&P 500 had an annualized return of 9.95%, indicating that American Funds 2045 Target Date Retirement Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.23%0.90%
Year-To-Date6.85%9.53%
6 months2.97%3.07%
1 year1.33%1.78%
5 years (annualized)6.57%9.02%
10 years (annualized)8.77%9.95%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20236.17%-2.79%2.51%1.34%
20226.91%-3.63%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for American Funds 2045 Target Date Retirement Fund (AAHTX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
AAHTX
American Funds 2045 Target Date Retirement Fund
0.14
^GSPC
S&P 500
0.17

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current American Funds 2045 Target Date Retirement Fund Sharpe ratio is 0.14. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.200.402023FebruaryMarchAprilMay
0.14
0.17
AAHTX (American Funds 2045 Target Date Retirement Fund)
Benchmark (^GSPC)

Dividend History

American Funds 2045 Target Date Retirement Fund granted a 6.32% dividend yield in the last twelve months. The annual payout for that period amounted to $1.09 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$1.09$1.09$0.98$0.61$0.70$0.67$0.36$0.45$0.59$0.58$0.39$0.44

Dividend yield

6.32%6.75%4.93%3.56%4.89%5.83%2.93%4.52%6.34%6.25%4.56%6.48%

Monthly Dividends

The table displays the monthly dividend distributions for American Funds 2045 Target Date Retirement Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.09
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.98
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.61
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.70
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.67
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.36
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.45
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.59
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.58
2013$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.39
2012$0.44

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%2023FebruaryMarchAprilMay
-13.41%
-12.32%
AAHTX (American Funds 2045 Target Date Retirement Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Funds 2045 Target Date Retirement Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the American Funds 2045 Target Date Retirement Fund is 48.86%, recorded on Mar 9, 2009. It took 491 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-48.86%Nov 1, 2007338Mar 9, 2009491Feb 16, 2011829
-28.92%Feb 20, 202023Mar 23, 202093Aug 4, 2020116
-25.83%Nov 17, 2021229Oct 14, 2022
-18.58%May 3, 2011107Oct 3, 201199Feb 24, 2012206
-16.12%Jan 29, 2018229Dec 24, 201881Apr 23, 2019310

Volatility Chart

The current American Funds 2045 Target Date Retirement Fund volatility is 2.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%2023FebruaryMarchAprilMay
2.93%
3.82%
AAHTX (American Funds 2045 Target Date Retirement Fund)
Benchmark (^GSPC)