American Funds 2055 Trgt Date Retire R2 (RBMTX)
| Fund Assets | 27.33B |
| Expense Ratio | 1.47% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 2.28% |
| Dividend Growth | 77.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 28.59 |
| YTD Return | 12.96% |
| 1-Year Return | 13.97% |
| 5-Year Return | 56.99% |
| 52-Week Low | 22.50 |
| 52-Week High | 28.75 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Feb 1, 2010 |
About RBMTX
The American Funds 2055 Target Date Retirement Fund R-2 is a target-date mutual fund developed for individuals planning to retire around the year 2055. Managed by Capital Research and Management Company, the fund's primary objective is to simplify retirement investing by providing a single investment vehicle that automatically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes capital growth by investing heavily in equities; as the target retirement date approaches, the fund gradually shifts toward a more conservative mix with increasing allocations to fixed income and equity-income assets. This "glide path" is designed to balance growth potential with capital preservation and income needs as retirement nears and continues past the target date. The fund is broadly diversified, typically holding thousands of underlying securities across sectors such as information technology, industrials, financials, health care, and consumer discretionary. With a low portfolio turnover and disciplined rebalancing by its management team, it offers a hands-off approach to long-term retirement planning for participants in employer-sponsored retirement plans, adapting its risk profile to match the evolving needs of investors over several decades.
Performance
RBMTX had a total return of 13.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.29%.
Top 10 Holdings
76.81% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Fundamental Invs R6 | RFNGX | 9.09% |
| American Funds New Perspective R6 | RNPGX | 8.97% |
| American Funds SMALLCAP World R6 | RLLGX | 8.91% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.99% |
| American Funds Washington Mutual R6 | RWMGX | 7.85% |
| American Funds New World R6 | RNWGX | 7.80% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.03% |
| American Funds AMCAP R6 | RAFGX | 7.03% |
| American Funds American Balanced R6 | RLBGX | 6.08% |
| American Funds Invmt Co of Amer R6 | RICGX | 6.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.6532 | Dec 27, 2024 |
| Dec 22, 2023 | $0.3681 | Dec 26, 2023 |
| Dec 23, 2022 | $1.2513 | Dec 27, 2022 |
| Dec 27, 2021 | $0.9184 | Dec 28, 2021 |
| Dec 28, 2020 | $0.5517 | Dec 29, 2020 |
| Dec 30, 2019 | $0.6573 | Dec 31, 2019 |