American Funds 2070 Trgt Date Retire R1 (RAADX)
| Fund Assets | 298.39M |
| Expense Ratio | 1.48% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 1.55% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 13.19 |
| YTD Return | 2.41% |
| 1-Year Return | 18.04% |
| 5-Year Return | n/a |
| 52-Week Low | 9.53 |
| 52-Week High | 13.39 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | May 3, 2024 |
About RAADX
The American Funds 2070 Target Date Retirement Fund Class R-1 is an open-end mutual fund designed for investors planning to retire around the year 2070. Its primary function is to provide a diversified, professionally managed investment solution that automatically adjusts asset allocation over time in alignment with a projected retirement date. Initially, the fund holds a higher proportion of equities to seek growth, then gradually shifts toward more fixed-income and conservative holdings as the target date approaches, a process known as a “glide path.” This strategic shift aims to address the changing risk tolerance and income needs of investors as they near and enter retirement. Comprising a mix of American Funds mutual funds, the portfolio offers broad exposure to both domestic and international stocks and bonds, emphasizing equity investments—especially dividend-paying stocks—in its early years to help manage longevity risk. The fund’s structure and ongoing adjustments are overseen by an experienced committee, drawing on global research and quantitative analysis, to align with long-term retirement objectives. As part of the American Funds Target Date Retirement Series, this fund plays a key role in helping individuals accumulate, preserve, and eventually draw income from their retirement savings.
Performance
RAADX had a total return of 18.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.81%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTHHX | Fidelity | Fidelity Sustainable Target Date 2065 K6 | 0.30% |
| FTHDX | Fidelity | Fidelity Advisor Sust Trgt Dt 2065 Z | 0.40% |
| FTHBX | Fidelity | Fidelity Advisor Sust Trgt Dt 2065 I | 0.50% |
| FTGYX | Fidelity | Fidelity Advisor Sust Trgt Dt 2065 C | 1.50% |
| FTHGX | Fidelity | Fidelity Sustainable Target Date 2065 K | 0.40% |
Top 10 Holdings
80.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 10.03% |
| American Funds New Perspective Fund® Class R-6 | RNPGX | 10.01% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 8.99% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.99% |
| American Funds New World Fund® Class R-6 | RNWGX | 7.98% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 7.97% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.04% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 7.01% |
| American Funds Investment Company of America® Class R-6 | RICGX | 7.00% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 5.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $0.205 | Dec 26, 2025 |
| Dec 26, 2024 | $0.0732 | Dec 27, 2024 |