The American Funds Growth and Income target-risk series, available through mutual funds and as model portfolios, uses impressive underlying strategies. Our conviction in the series’ People and Process Pillars are unchanged, but under our new Morningstar Analyst Ratings methodology the Growth and Income and the Moderate Growth and Income strategies’ cheapest share class has been downgraded to Bronze, from Silver, owing to the presence of other highly rated peers. The Conservative Growth and Income strategy’s cheapest share class continues to earn a Silver rating. The other share classes of the series range from Bronze to Neutral.
American Funds Moderate Gr & Inc R-2E RBBEX
NAV / 1-Day Return
16.08
/
0.25
%
Total Assets
10.2 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.160%
Expense Ratio
1.160%
Fee Level
Below Average
Longest Manager Tenure
8.43
years
Category
US Fund Allocation--50% to 70% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
1.34%
Turnover
1%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will RBBEX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RBBEX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the RBBEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of RBBEX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A target-risk series with exceptionally high-quality underlying funds.
