American Funds 2035 Target Date Retirement Fund® Class R-2 (RBFTX)
| Fund Assets | 51.57B |
| Expense Ratio | 1.44% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 3.30% |
| Dividend Growth | 97.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 20.27 |
| YTD Return | 10.26% |
| 1-Year Return | 14.01% |
| 5-Year Return | 52.58% |
| 52-Week Low | 17.15 |
| 52-Week High | 20.31 |
| Beta (5Y) | n/a |
| Holdings | 26 |
| Inception Date | Feb 1, 2007 |
About RBFTX
American Funds 2035 Target Date Retirement Fund Class R-2 is a target-date mutual fund designed to support long-term retirement savings, with a glide path that evolves toward greater income and capital preservation as its target date of 2035 approaches. The fund achieves a diversified portfolio by investing in a selection of underlying American Funds, including both equity and fixed income strategies. Initially, it maintains a higher allocation to growth-oriented equities, gradually shifting toward bonds and other income-generating assets to reduce volatility and support income needs in retirement. Key characteristics of the fund include ongoing active management by Capital Research and Management Company, a focus on balancing growth, income, and capital conservation, and a portfolio allocation that adapts over time to match the changing risk profile of investors as they near and enter retirement. The fund is intended for investors planning to retire around 2035, but it continues to adjust and provide exposure to both equities and bonds well after the target date, supporting income and maintaining growth potential throughout retirement. Notably, the fund is structured for use in employer-sponsored retirement plans and offers shareholders the convenience of a single-fund solution for retirement investing, complemented by a disciplined rebalancing process and professional oversight.
Performance
RBFTX had a total return of 14.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.76%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.6655 | Dec 27, 2024 |
| Dec 22, 2023 | $0.3377 | Dec 26, 2023 |
| Dec 23, 2022 | $0.7092 | Dec 27, 2022 |
| Dec 27, 2021 | $0.8769 | Dec 28, 2021 |
| Dec 28, 2020 | $0.5122 | Dec 29, 2020 |
| Dec 30, 2019 | $0.5545 | Dec 31, 2019 |