American Funds 2040 Trgt Date Retire R-1 (RAKTX)

Fund Assets	49.89B
Expense Ratio	1.45%
Min. Investment	$250
Turnover	6.00%
Dividend (ttm)	0.05
Dividend Yield	0.21%
Dividend Growth	-58.94%
Payout Frequency	Annual
Ex-Dividend Date	Dec 24, 2025

Previous Close	24.39
YTD Return	9.62%
1-Year Return	15.08%
5-Year Return	45.88%
52-Week Low	21.23
52-Week High	24.72
Beta (5Y)	0.80
Holdings	27
Inception Date	Feb 1, 2007

About RAKTX

American Funds 2040 Target Date Retirement Fund Class R-1 is a target-date mutual fund crafted to align with the retirement timeline of investors planning to retire around the year 2040. Managed by Capital Research and Management Company, the fund is designed to provide a diversified investment solution within a single portfolio, automatically adjusting its asset allocation over time. Early in its lifecycle, the fund emphasizes growth through investments predominantly in equities. As the target date approaches, it gradually reallocates towards a higher proportion of fixed income, equity-income, and balanced funds to prioritize income generation and capital preservation. This dynamic strategy seeks to balance total return with stability, adapting to investors’ changing risk tolerance as retirement nears. The fund serves as a comprehensive retirement savings vehicle, leveraging a mix of underlying American Funds to offer exposure across various asset classes and market sectors. Its structure makes it a popular choice in employer-sponsored retirement plans, providing a straightforward approach to long-term retirement investing and systematic risk management throughout an investor’s career and into retirement.

• Fund Family: Capital Group
• 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 15.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.62%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FCGTX	Class F-3	0.36%
RFGTX	Class R-6	0.36%
REGTX	Class R-5	0.41%
FBGTX	Class F-2	0.44%

Top 10 Holdings

64.22% of assets

Name	Symbol	Weight
American Funds American Balanced R-6	RLBGX	8.03%
American Funds American Mutual R-6	RMFGX	7.03%
American Funds Cptl Wld Gr&Inc R-6	RWIGX	7.01%
American Funds Fundamental Invs R-6	RFNGX	6.75%
American Funds Growth Fd of Amer R-6	RGAGX	6.73%
American Funds AMCAP R-6	RAFGX	6.70%
American Funds New Perspective R-6	RNPGX	5.83%
American Funds Washington Mutual R-6	RWMGX	5.71%
American Funds SMALLCAP World R-6	RLLGX	5.43%
American Funds US Government Sec R-6	RGVGX	5.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 24, 2025	$1.2027	Dec 26, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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