About RBEKX
American Funds 2040 Target Date Retirement Fund® Class R-2E is a target date mutual fund structured to support investors who plan to retire around the year 2040. The fund dynamically adjusts its allocation mix over time, gradually transitioning from higher-risk growth assets to a greater focus on income generation and capital preservation as the target date approaches. It invests across a broad spectrum of asset classes, including U.S. equities, non-U.S. equities, U.S. bonds, non-U.S. bonds, and cash equivalents. As of early 2025, the portfolio emphasizes U.S. equities but maintains significant diversification in international stocks and fixed income securities, offering exposure to multiple sectors including information technology, financials, industrials, and health care. The fund is benchmarked against the S&P Target Date 2040 Index and the Morningstar Mod Tgt Risk TR USD, reflecting its alignment with standard industry risk and glide path practices. With substantial net assets and regular distributions, the fund plays a key role for retirement-focused investors seeking a professionally managed, all-in-one solution that evolves alongside their investment horizon.
Fund Family Capital Group
Category Target-Date 2040
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RBEKX
Share Class Class R-2e
Index S&P Target Date 2040 TR
RBEKX had a total return of 12.19% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.45%.
