The American Funds Growth and Income target-risk series, available through mutual funds and as model portfolios, uses impressive underlying strategies that complement each other well. Its Process rating has been upgraded to Above Average, from Average. Its cheapest share classes and models have been upgraded to a Morningstar Analyst Rating of Silver from Bronze. The more expensive mutual fund share classes earn Bronze or Neutral ratings.
Will RGNFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RGNFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RGNFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RGNFX’s parent organization’s priorities and whether they’re in line with investors’ interests.