About NGCRX
American Funds Retirement Income Portfolio – Conservative Class C is a mutual fund designed to support the income and preservation needs of individuals who are in or approaching retirement. As a fund of funds, it primarily invests in a broad mix of American Funds, with a focus on fixed-income securities and dividend-paying equities, thereby striving to provide regular current income and preserve capital. This conservative portfolio generally allocates a higher proportion to bonds and other fixed-income assets, resulting in lower downside risk and volatility compared to more aggressive counterparts in the series. It seeks to balance three core investment objectives: generating current income, achieving long-term capital growth, and conserving capital, with primary emphasis on income and stability. The portfolio draws on extensive research and oversight by a dedicated committee, and is constructed to enable stable withdrawals over time, addressing the evolving needs of retirees. By emphasizing broad diversification and careful risk management, this portfolio plays a significant role for investors seeking steady income and risk mitigation within their retirement planning strategy.
Fund Family Capital Group
Category Allocation--30% to 50% Equity
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol NGCRX
Share Class Class C
Index S&P Target Date Retirement Income TR
NGCRX had a total return of 13.35% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.42%.
