Fossil fuel companiesare fueling the climate crisis.


American Funds 2050 Target Date Retirement Fund®

Shareclass
American Funds 2050 Trgt Date Retire R6 (RFITX)
Type
Open-end mutual fund
Target date
Capital American Target Date Retirement Series
Fossil fuel exposure of 6.42% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
Canadian Natural Resources Ltd
Carbon Underground 200Top 200 carbon reserves
$131.78 MILLION
EOG Resources Inc
Carbon Underground 200Top 200 carbon reserves
$119.22 MILLION
Exxon Mobil Corp
Carbon Underground 200Top 200 carbon reserves
$112.51 MILLION
TotalEnergies SE
Carbon Underground 200Top 200 carbon reserves
$72.06 MILLION
ConocoPhillips
Carbon Underground 200Top 200 carbon reserves
$62.29 MILLION
Glencore PLC
Carbon Underground 200Top 200 carbon reserves
$58.83 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
31
holdings
$836.42M
invested
2.42%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
21
holdings
$408.21M
invested
1.18%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
95
holdings
$1.78B
invested
5.17%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
5
holdings
$39.23M
invested
0.11%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
45
holdings
$720.38M
invested
2.09%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
118 holdings
118 holdings
  • 1. Constellation Energy Corp
    Fossil-fired utility
    $139.07M
    0.4%
  • 2. Canadian Natural Resources Ltd
    Carbon Underground 200Oil/gas industry
    $131.78M
    0.38%
  • 3. EOG Resources Inc
    Carbon Underground 200Oil/gas industry
    $119.22M
    0.35%
  • 4. Exxon Mobil Corp
    Carbon Underground 200Oil/gas industry
    $112.51M
    0.33%
  • 5. Blackstone Inc
    Oil/gas industry
    $109.56M
    0.32%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
American Funds 2050 Target Date Retirement Fund® $RFITX is 6.42% ($2.21 BILLION) invested in fossil fuel stocks
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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: 10/31/24
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 
-3.44% less in annualized returns
Less invested in fossil fuels 
1.91% less invested
Lower fossil finance risk score 
8 points lower
Lower fossil insurance risk score 
16 points lower
Less invested in Clean200 
7.43% 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: 10/31/24
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 
-3.44% less in annualized returns
Less invested in fossil fuels 
1.91% less invested
Lower fossil finance risk score 
8 points lower
Lower fossil insurance risk score 
16 points lower
Less invested in Clean200 
7.43% 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: 10/31/24
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 
-3.44% less in annualized returns
Less invested in fossil fuels 
1.91% less invested
Lower fossil finance risk score 
8 points lower
Lower fossil insurance risk score 
16 points lower
Less invested in Clean200 
7.43% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
RFITX - American Funds 2050 Target Date Retirement Fund®
31%
4.13%
11%
9.52%
6.42% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
8.32% 
Fund compared to benchmark
 
-7.12%
-4.92%
-4.42%
-3.44%
1.91%  lower
Find more financial data on RFITX at Morningstar.com
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