American Funds 2035 Target Date Retirement Fund® Class R-1 (RAFTX)
| Fund Assets | 50.00B |
| Expense Ratio | 1.45% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 3.33% |
| Dividend Growth | 94.70% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 20.03 |
| YTD Return | 8.61% |
| 1-Year Return | 12.09% |
| 5-Year Return | 53.81% |
| 52-Week Low | 17.08 |
| 52-Week High | 20.08 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Feb 1, 2007 |
About RAFTX
American Funds 2035 Target Date Retirement Fund Class R-1 is a diversified mutual fund designed as an all-in-one solution for individuals planning to retire around the year 2035. As part of a target-date series, its primary function is to simplify retirement investing by automatically adjusting asset allocation over time. Early in its lifecycle, the fund emphasizes growth by investing a higher proportion in equities, including U.S. and non-U.S. stocks, and gradually transitions towards a more conservative mix focused on income and capital preservation as the target date approaches. The fund achieves diversification by allocating assets across a broad range of underlying funds managed by American Funds, covering various sectors such as information technology, health care, financials, and consumer staples, as well as fixed-income securities. The allocation is actively managed, reflecting both near-term market conditions and the long-term strategy of risk reduction as retirement nears. The fund's glide path ensures that its risk profile becomes progressively more conservative, aligning with the evolving needs of investors as they transition from accumulation to retirement spending. This fund plays a significant role in retirement planning by offering a professionally managed approach to help investors balance growth and stability throughout their investment horizon.
Performance
RAFTX had a total return of 12.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.67%.
Top 10 Holdings
59.50% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced Fund® Class R-6 | RLBGX | 7.95% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 6.93% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 6.92% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 5.93% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 5.78% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 5.76% |
| American Funds Inflation Linked Bond Fund Class R-6 | RILFX | 5.15% |
| American Funds U.S. Government Securities Fund® Class R-6 | RGVGX | 5.05% |
| American Funds Mortgage Fund® Class R-6 | RMAGX | 5.05% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 4.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.6686 | Dec 27, 2024 |
| Dec 22, 2023 | $0.3434 | Dec 26, 2023 |
| Dec 23, 2022 | $0.7213 | Dec 27, 2022 |
| Dec 27, 2021 | $0.8833 | Dec 28, 2021 |
| Dec 28, 2020 | $0.5319 | Dec 29, 2020 |
| Dec 30, 2019 | $0.5483 | Dec 31, 2019 |