About RBHTX
The American Funds 2045 Target Date Retirement Fund Class R-2 is a target date mutual fund designed for individuals planning to retire around the year 2045. Its core objective is to provide a balanced approach to long-term growth, income, and capital preservation by dynamically adjusting its asset allocation as the target retirement date approaches and passes. Early in the investment timeline, the fund emphasizes equity exposure—both U.S. and international—to foster capital appreciation, with a significant portion allocated to sectors such as information technology, financials, and health care. As the fund nears its target date, it gradually increases allocations to fixed income and equity-income components to prioritize stability and income generation, aiming to help mitigate market volatility and conserve capital for retirees.
Managed by Capital Research and Management Company, the fund periodically rebalances its mix of underlying American Funds portfolios and maintains a diversified strategy even after the target date, supporting both income and growth objectives through retirement. This fund is particularly suited for participants in employer-sponsored retirement plans seeking a single, professionally managed investment that evolves over time to match changing financial needs through their retirement journey.
Fund Family Capital Group
Category Target-Date 2045
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RBHTX
Share Class Class R-2
Index S&P Target Date 2045 TR
RBHTX had a total return of 18.09% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.83%.
