About RBNTX
The American Funds 2060 Target Date Retirement Fund Class R-2 is a target-date mutual fund designed to help investors efficiently plan for retirement around the year 2060. Structured as a single-fund solution, it automatically adjusts its asset allocation over time, gradually shifting from a growth-oriented portfolio with higher equity exposure to a more conservative mix emphasizing fixed income and capital preservation as the target date approaches. The fund is actively managed by Capital Research and Management Company, drawing on a selection of underlying American Funds to diversify across domestic and international equities, bonds, and other assets. Its composition reflects exposure to major sectors such as technology, industrials, financials, and healthcare, aiming for a balance between growth, income, and risk mitigation over the long term. The American Funds 2060 Target Date Retirement Fund Class R-2 is commonly used in employer-sponsored retirement plans as a default or "set-it-and-forget-it" investment, providing participants with a prudent, professionally managed path toward retirement readiness.
Fund Family Capital Group
Category Target-Date 2060+
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RBNTX
Share Class Class R-2
Index S&P Target Date 2060 TR USD
RBNTX had a total return of 18.29% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.97%.
