About RDRPX
American Funds Retirement Income Portfolio – Conservative R-2 is a mutual fund designed to address the objectives of individuals in or approaching retirement. Its primary purpose is to provide current income, long-term capital growth, and capital preservation by investing in a balanced and diversified portfolio. The fund achieves this through a substantial allocation to U.S. bonds (over 50%), complemented by exposure to U.S. and non-U.S. equities, non-U.S. bonds, and cash equivalents, offering broad diversification across asset classes and geographies. With more than 2,500 individual holdings as of April 2025, the portfolio spans major sectors such as financials, information technology, health care, and consumer staples. Regular dividends are distributed quarterly, and its conservative asset mix is intended to manage volatility for investors seeking steady, reliable income with moderate growth potential. The fund is managed by Capital Group, leveraging a multi-manager approach that emphasizes thorough research, risk assessment, and long-term focus. With a track record since 2015, it serves as a core holding for retirement-focused portfolios aiming for income and stability.
Fund Family Capital Group
Category Allocation--30% to 50% Equity
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RDRPX
Share Class Class R-2
Index S&P Target Date Retirement Income TR
RDRPX had a total return of 2.86% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.83%.
