Prison Free Funds
Mutual fund
American Funds 2050 Target Date Retirement Fund®
Ticker RFITX
Fund manager
American Funds
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.
How we track investments in the prison industrial complex
F
$2.37 BILLION
Prison industrial complex
52
flagged holdings
13%
of assets flagged
Data as of 6/30/22
Flagged investments:
$2.37 BILLION, 13% of assets
Higher risk:
$444.98 MILLION, 2.4% 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
31
holdings
$1.41B
invested
7.58%
of portfolio
Border industry
Border industry
Incarceration and detention facilities, immigrant monitoring and surveillance, militarization of the U.S.-Mexico border
42
holdings
$2.2B
invested
12%
of portfolio
All flagged holdings
52 holdings
52 holdings
  • 1.  Microsoft Corp
    Prison industryBorder industry
    $681M
    3.67%
  • 2.  Amazon.com Inc
    Prison industryBorder industry
    $216.51M
    1.17%
  • 3.  Alphabet Inc Class C
    Border industry
    $204.08M
    1.1%
  • 4.  Alphabet Inc Class A
    Border industry
    $151.36M
    0.82%
  • 5.  Thermo Fisher Scientific Inc
    Border industry
    $144.71M
    0.78%
Higher risk
Private prison operator
See all
American Funds 2050 Target Date Retirement Fund® $RFITX has $2.37 BILLION invested in 52 companies involved in the prison industrial complex, amounting to 13% of fund assets
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American Funds 2050 Target Date Retirement Fund® [RFITX]
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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
Category
Target-Date 2050
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 7/31/22
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 
-3.38% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.16% more invested
More invested in higher risk companies, border industry 
0.87% more invested
More invested in higher risk companies 
0.94% more invested
Less invested in all screened prison industry companies 
8.63% less invested
Less invested in all screened border industry companies 
8.8% less invested
Less invested in all screened companies 
11.4% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds
Category
Target-Date 2050
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 7/31/22
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 
-3.38% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.16% more invested
More invested in higher risk companies, border industry 
0.87% more invested
More invested in higher risk companies 
0.94% more invested
Less invested in all screened prison industry companies 
8.63% less invested
Less invested in all screened border industry companies 
8.8% less invested
Less invested in all screened companies 
11.4% less invested
Current fund
RFITX
American Funds 2050 Target Date Retirement Fund®
Family
American Funds
Category
Target-Date 2050
Find another fund
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Change benchmark
Fund comparison settings
Investment timeline
Performance as of: 7/31/22
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 
-3.38% less in annualized returns
Same in private prison operators 
Both 0% invested
More invested in higher risk companies, prison industry 
0.16% more invested
More invested in higher risk companies, border industry 
0.87% more invested
More invested in higher risk companies 
0.94% more invested
Less invested in all screened prison industry companies 
8.63% less invested
Less invested in all screened border industry companies 
8.8% less invested
Less invested in all screened companies 
11.4% less invested
Month-end trailing returns  
Performance as of date: 7/31/22
Morningstar suggested benchmark: Morningstar Mod Tgt Risk TR USD
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®
-12.15%
8.3%
8.36%
10%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
-4.67%
13%
13%
14%
0% 
Fund compared to benchmark
 
-7.48%
-5.03%
-4.43%
-3.38%
Same
Find more financial data on RFITX at Morningstar.com
What's next?
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Visit Fossil Free Funds to see this fund's exposure to fossil fuel companies and companies with high carbon footprints
See climate risk
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