American Funds 2050 Target Date Retirement Fund®

Shareclass
American Funds 2050 Trgt Date Retire R6 (RFITX)
Type
Open-end mutual fund
Prison industrial complex grade: One or more holdings were flagged as higher risk by our prison industrial complex screen, making up over 2% of the portfolio. Assigned a grade of F.
F
$2.86 BILLION
Prison industrial complex
45
flagged holdings
12%
of assets flagged
Data as of 30 Jun 2023
Flagged investments:
$2.86 BILLION, 12% of assets
Higher risk:
$526.79 MILLION, 2.14% of assets
 Private prison operators:
$0, 0% of assets
For each prison industrial complex category, click to see the breakdown of flagged holdings.
Prison industry
Prison industry
Incarceration and detention facilities, services in facilities, supervision and monitoring
26
holdings
$1.65B
invested
6.72%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
37
holdings
$2.76B
invested
11%
of portfolio
All flagged holdings
45 holdings
45 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $980.1M
    3.99%
  • 2.  Alphabet Inc Class C
    Border industry
    $227.58M
    0.93%
  • 3.  Amazon.com Inc
    Prison industryBorder industry
    $209.57M
    0.85%
  • 4.  Alphabet Inc Class A
    Border industry
    $172.25M
    0.7%
  • 5.  Raytheon Technologies Corp 
    Border industry
    $151.71M
    0.62%
Higher risk
Private prison operator
See all
American Funds 2050 Target Date Retirement Fund® $RFITX is 12% ($2.86 BILLION) invested in companies with prison involvement
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Financial performance
Performance data provided byMorningstarFind more financial data on RFITX at Morningstar.com
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds/Capital Group
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.39% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.14% more invested
More invested in higher risk companies, border industry 
0.75% more invested
More invested in higher risk companies 
0.82% more invested
Less invested in all screened prison industry companies 
9.42% less invested
Less invested in all screened border industry companies 
9.28% less invested
Less invested in all screened companies 
12.3% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds/Capital Group
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.39% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.14% more invested
More invested in higher risk companies, border industry 
0.75% more invested
More invested in higher risk companies 
0.82% more invested
Less invested in all screened prison industry companies 
9.42% less invested
Less invested in all screened border industry companies 
9.28% less invested
Less invested in all screened companies 
12.3% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds/Capital Group
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 8/31/23
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower 10-yr returns 
-3.39% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.14% more invested
More invested in higher risk companies, border industry 
0.75% more invested
More invested in higher risk companies 
0.82% more invested
Less invested in all screened prison industry companies 
9.42% less invested
Less invested in all screened border industry companies 
9.28% less invested
Less invested in all screened companies 
12.3% less invested
Month-end trailing returns  
Annualized returns
Flagged investments
1-yr
3-yr
5-yr
10-yr
Private prison operators
This fund
RFITX - American Funds 2050 Target Date Retirement Fund®
13%
5.97%
7.52%
9.38%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
16%
10%
11%
13%
0% 
Fund compared to benchmark
 
-2.7%
-4.52%
-3.57%
-3.39%
Same
Find more financial data on RFITX at Morningstar.com
What's next?
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Action toolkit
Ask your employer about adding prison industrial complex-free options to your retirement plan
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