American Funds 2040 Target Date Retirement Fund® Class R-1 (RAKTX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
20.57
-0.04 (-0.19%)
May 23, 2025, 4:00 PM EDT
6.09% (1Y)
| Fund Assets | 13.16B |
| Expense Ratio | 1.47% |
| Min. Investment | $250 |
| Turnover | n/a |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 2.78% |
| Dividend Growth | 69.09% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 20.61 |
| YTD Return | 3.37% |
| 1-Year Return | 9.08% |
| 5-Year Return | 65.26% |
| 52-Week Low | 18.04 |
| 52-Week High | 21.16 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Feb 1, 2007 |
About RAKTX
The American Funds 2040 Target Date Retirement Fund® Class R-1 (RAKTX) seeks to provide for investors that plan to retire in 2040. Depending on its proximity to its target date, the Fund will seek to achieve the following: growth, income and conservation of capital. Each Fund will attempt to achieve its investment objectives by investing in a mix of American Funds.
Category Target-Date 2040
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RAKTX
Share Class Class R-1
Index S&P Target Date 2040 TR
Performance
RAKTX had a total return of 9.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.79%.
Top 10 Holdings
65.93% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced Fund® Class R-6 | RLBGX | 8.07% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 7.14% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 6.98% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 6.78% |
| American Funds New Perspective Fund® Class R-6 | RNPGX | 6.73% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 6.72% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 6.72% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 5.98% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 5.67% |
| American Funds U.S. Government Securities Fund® Class R-6 | RGVGX | 5.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.5722 | Dec 27, 2024 |
| Dec 22, 2023 | $0.3384 | Dec 26, 2023 |
| Dec 23, 2022 | $0.8908 | Dec 27, 2022 |
| Dec 27, 2021 | $0.8677 | Dec 28, 2021 |
| Dec 28, 2020 | $0.4926 | Dec 29, 2020 |
| Dec 30, 2019 | $0.5663 | Dec 31, 2019 |