American Funds 2035 Target Date Retirement Fund (RBEFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
20.67
+0.12 (0.58%)
Sep 4, 2025, 4:00 PM EDT
0.58%
Fund Assets52.60B
Expense Ratio1.15%
Min. Investment$250
Turnover7.00%
Dividend (ttm)0.72
Dividend Yield3.51%
Dividend Growth85.89%
Payout FrequencyAnnual
Ex-Dividend DateDec 26, 2024
Previous Close20.55
YTD Return11.61%
1-Year Return13.45%
5-Year Return51.85%
52-Week Low17.26
52-Week High20.70
Beta (5Y)n/a
Holdings26
Inception DateAug 29, 2014

About RBEFX

American Funds 2035 Target Date Retirement Fund, Class R-2E, is a **multi-asset mutual fund designed for investors planning to retire around the year 2035**. Its primary function is to offer a diversified, professionally managed solution within a single fund, progressively shifting its asset allocation from growth-oriented investments to more conservative holdings as the target date approaches. Early in its lifecycle, the fund emphasizes capital appreciation through a robust allocation to U.S. and international equities spanning sectors such as information technology, industrials, financials, and health care. As the fund nears and passes 2035, it systematically increases exposure to bonds and equity-income assets to focus on income and capital preservation. The fund draws from a wide range of underlying American Funds portfolios, blending U.S. and non-U.S. stocks, bonds, and balanced funds to achieve its objectives. Its ongoing management and automated asset allocation adjustment—known as the 'glide path'—make it particularly suitable for employer-sponsored retirement plans and individual savers seeking a hands-off investment tool that adapts over time. This structure aims to balance growth and stability, addressing the evolving risk profile and income needs of investors nearing retirement.

Fund Family American Funds
Category Target-Date 2035
Stock Exchange NASDAQ
Ticker Symbol RBEFX
Share Class Class R-2e
Index S&P Target Date 2035 TR

Performance

RBEFX had a total return of 13.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.48%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FDFTXClass F-30.35%
RFFTXClass R-60.35%
REFTXClass R-50.40%
FBFTXClass F-20.44%

Top 10 Holdings

59.79% of assets
NameSymbolWeight
American Funds American Balanced R6RLBGX8.09%
American Funds Capital World Gr&Inc R6RWIGX7.09%
American Funds American Mutual R6RMFGX7.03%
American Funds AMCAP R6RAFGX6.09%
American Funds Growth Fund of Amer R6RGAGX5.89%
American Funds Fundamental Invs R6RFNGX5.80%
American Funds Washington Mutual R6RWMGX5.10%
American Funds Global Balanced R6RGBGX4.97%
American Funds Inflation Linked Bd R6RILFX4.91%
American Funds Mortgage R6RMAGX4.82%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 26, 2024$0.7209Dec 27, 2024
Dec 22, 2023$0.3878Dec 26, 2023
Dec 23, 2022$0.7592Dec 27, 2022
Dec 27, 2021$0.937Dec 28, 2021
Dec 28, 2020$0.5579Dec 29, 2020
Dec 30, 2019$0.6036Dec 31, 2019
Full Dividend History