American Funds 2070 Trgt Date Retire R5 (REAGX)
| Fund Assets | 172.52M |
| Expense Ratio | n/a |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.65% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 12.05 |
| YTD Return | 10.07% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 9.68 |
| 52-Week High | 12.13 |
| 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.
Top 10 Holdings
80.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective Fund® Class R-6 | RNPGX | 10.01% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 9.99% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 8.99% |
| American Funds New World Fund® Class R-6 | RNWGX | 8.01% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 8.01% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.99% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 7.01% |
| American Funds Investment Company of America® Class R-6 | RICGX | 7.00% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 6.99% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 6.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.0792 | Dec 27, 2024 |