American Funds 2070 Target Date Retirement Fund® Class R-5E (RAAJX)
| Fund Assets | 298.39M |
| Expense Ratio | 0.53% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 1.69% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 14.01 |
| YTD Return | 9.15% |
| 1-Year Return | 22.25% |
| 5-Year Return | n/a |
| 52-Week Low | 11.58 |
| 52-Week High | 14.32 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | May 3, 2024 |
About RAAJX
The American Funds 2070 Target Date Retirement Fund is a professionally managed mutual fund designed for investors planning to retire around the year 2070. As a target date fund, it aims to provide a diversified investment solution that automatically adjusts its asset allocation over time, shifting from growth-oriented investments to more conservative options as the target retirement date approaches. The fund's strategy involves gradually increasing its emphasis on income and capital preservation by allocating a greater portion of assets to fixed income, equity-income, and balanced funds as the target year draws near. This adjustment is guided by a committee of investment professionals with extensive experience, who also invest their own money in these funds. The American Funds 2070 Target Date Retirement Fund plays a significant role in retirement planning, offering investors a straightforward way to access a broad mix of global asset classes, manage market volatility, and pursue long-term financial goals without the need for active portfolio rebalancing.
Performance
RAAJX had a total return of 22.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.75%.
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 Fund - Class K6 | 0.29% |
| FTHDX | Fidelity | Fidelity Advisor Sustainable Target Date 2065 Fund - Class Z | 0.39% |
| FTHBX | Fidelity | Fidelity Advisor Sustainable Target Date 2065 Fund - Class I | 0.49% |
| FTGYX | Fidelity | Fidelity Advisor Sustainable Target Date 2065 Fund - Class C | 1.49% |
| FTHGX | Fidelity | Fidelity Sustainable Target Date 2065 Fund - Class K | 0.39% |
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 The Growth Fund of America® Class R-6 | 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 | $0.2381 | Dec 26, 2025 |
| Dec 26, 2024 | $0.0762 | Dec 27, 2024 |