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.
Fund Family Capital Group
Category Target-Date 2035
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RBFTX
Share Class Class R-2
Index S&P Target Date 2035 TR
RBFTX had a total return of 7.18% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.88%.
