American Funds, a family of mutual funds from Capital Group, one of the world’s largest investment management firms, has won a total of 14 Lipper Fund Awards from Refinitiv recognizing American Funds Target Date Retirement Series, American Funds Retirement Income Portfolio – Enhanced and American Funds Mortgage Fund. This marks the eleventh year in a row American Funds has taken home multiple Lipper awards.
“We are very pleased to be recognized by Lipper for the strong results our funds have delivered to our investors,” said Matt O’Connor, president of American Funds Distributors. “The recognition of both our target date and retirement income series is an affirmation of Capital Group’s focus on portfolio construction. We believe these awards also reflect our commitment to producing strong investment outcomes for investors in our mutual funds and multi-asset strategies.”
“In a year that saw the return of market volatility, we would like to congratulate the Lipper Fund Award winners for their ability to help their investors navigate the markets’ choppy waters. We also wish them continued success as they seek to build on this year’s success with long-term outperformance for investors in a dynamic market environment,” said Bob Jenkins, head of Lipper research at Refinitiv. “The awards are based on our independent fund data which enables us to grant these awards with authoritative recognition and emphasis on consistency to single funds and fund management groups.”
American Funds Target Date Retirement Seriesdistinguishes growth- and income-oriented equities and adjusts them to address market and longevity risk. Its dynamic glide path allows funds to have meaningful equity exposure throughout retirement.
The American Funds Retirement Income Portfolio SeriesSM consists of three managed portfolios — Conservative, Moderate and Enhanced — that can help retirees address their income and longevity needs. The Enhanced portfolio is designed for retirees who seek a potentially higher level of income and growth of capital in exchange for potentially greater downside risk.