About RBOTX
American Funds 2065 Target Date Retirement Fund Class R-2 is a target-date mutual fund tailored for individuals planning to retire around the year 2065. Its core function is to simplify retirement investing by providing a diversified portfolio within a single fund that automatically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes growth by allocating a higher proportion to equities, both U.S. and international, and as the target retirement year approaches, it gradually shifts toward increased exposure to fixed income and more conservative investments to prioritize income and capital preservation.
The fund is managed by Capital Research and Management Company, a long-established investment manager. The portfolio is constructed from a suite of underlying American Funds, with significant allocations to U.S. equities, non-U.S. equities, and U.S. and global bonds. Its holdings are actively managed and span major market sectors, including information technology, industrials, and financials. The fund is designed to adjust its investment mix, known as a glide path, to help balance growth potential and risk as investors near and pass their retirement date. This approach makes it a key choice for retirement savers seeking a ‘set-it-and-forget-it’ solution that evolves with their needs over decades.
Fund Family Capital Group
Category Target-Date 2065+
Stock Exchange NASDAQ
Ticker Symbol RBOTX
Share Class Class R-2
Index S&P Target Date 2065+ TR
RBOTX had a total return of 15.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 16.39%.
