|Expense Ratio (net)||0.66%|
|Morningstar Risk Rating||★★|
|Last Cap Gain||0.00|
|Inception Date||Nov 30, 1973|
|Average for Category||N/A|
The reasons include investors' shifting preference for lower costs, the rise of target-date funds, and good ol' performance-chasing.
American Funds returned around 6% in the first quarter, more than the category average of 5.9%.
Finding the right share class for you depends on a mix of factors, including your time horizon and investable assets.