American Funds 2070 Trgt Date Retire R3 (RCADX)
| Fund Assets | 298.39M |
| Expense Ratio | n/a |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.06 |
| Dividend Yield | 0.46% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 12.90 |
| YTD Return | 18.46% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.65 |
| 52-Week High | 13.03 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | May 3, 2024 |
About RCADX
The American Funds 2070 Target Date Retirement Fund Class R-3 is a target-date mutual fund designed to help investors save for retirement, with a projected retirement year of 2070. As part of the American Funds Target Date Retirement Series, this fund combines a diversified mix of underlying American Funds, offering exposure to both global equities and fixed income assets. Early in its lifecycle, the fund emphasizes growth by allocating a significant portion to equities, including large-cap, small-cap, and international stocks. As the target date approaches, the fund gradually shifts its allocation to prioritize income and capital preservation, increasing its weight in bonds and equity-income investments. This glide path strategy is managed by an experienced team, leveraging extensive research to maintain an appropriate balance of risk and reward over time. The fund's diversified approach and automatic rebalancing are designed to address the evolving needs of retirement savers, making it a staple for long-term, goal-oriented investing within workplace retirement plans and individual accounts.
Top 10 Holdings
79.98% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective Fund Class R-6 | RNPGX | 10.00% |
| American Funds SMALLCAP World R6 | RLLGX | 9.95% |
| American Funds Fundamental Invs R6 | RFNGX | 9.02% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.98% |
| American Funds New World R6 | RNWGX | 7.98% |
| American Funds Washington Mutual R6 | RWMGX | 7.98% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.03% |
| American Funds Invmt Co of Amer R6 | RICGX | 7.02% |
| American Funds AMCAP R6 | RAFGX | 7.01% |
| American Funds American Balanced Fund Class R-6 | RLBGX | 6.01% |