American Funds 2070 Trgt Date Retire R5 (REAGX)
| Fund Assets | 298.39M |
| Expense Ratio | n/a |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.61% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 13.06 |
| YTD Return | 20.02% |
| 1-Year Return | 16.08% |
| 5-Year Return | n/a |
| 52-Week Low | 9.68 |
| 52-Week High | 13.12 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | May 3, 2024 |
About REAGX
The American Funds 2070 Target Date Retirement Fund R-5 is an open-end mutual fund specifically designed to support long-term retirement savings goals. As part of the American Funds Target Date Retirement Series, this fund is structured for individuals planning to retire around the year 2070. It features a diversified portfolio that initially emphasizes growth through a higher allocation to equities, gradually shifting toward fixed income and more conservative investments as the target date approaches—a strategy known as a glide path. This transition seeks to balance growth potential and risk reduction, adapting to changing investor needs over time. The fund is overseen by a team of experienced investment professionals who adjust the underlying asset allocation periodically to support the fund’s objectives. Even after the target date, the fund maintains exposure to both equities and fixed income, aiming to provide stability, income, and the potential for capital appreciation throughout retirement. The R-5 share class is commonly chosen for use in employer-sponsored retirement plans, reflecting a focus on supporting long-term wealth accumulation and preservation for retirement investors.
Performance
REAGX had a total return of 16.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.40%.
Top 10 Holdings
79.98% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective R6 | 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 R6 | RLBGX | 6.01% |