American Funds 2035 Target Date Retirement Fund® Class R-5 (REFTX)
| Fund Assets | 50.00B |
| Expense Ratio | 0.40% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 4.08% |
| Dividend Growth | 69.89% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 21.03 |
| YTD Return | 9.82% |
| 1-Year Return | 12.85% |
| 5-Year Return | 60.46% |
| 52-Week Low | 17.87 |
| 52-Week High | 21.06 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Feb 1, 2007 |
About REFTX
American Funds 2035 Target Date Retirement Fund Class R-5 is a target-date mutual fund specifically designed to help investors prepare for retirement around the year 2035. The fund’s central feature is its diversified approach, investing across a blend of American Funds portfolios spanning domestic and international equities, bonds, and other fixed income instruments. Its asset allocation gradually shifts over time—moving from a focus on capital growth in its early years to emphasizing income and capital preservation as the target date approaches and during retirement. This dynamic “glide path” reduces risk exposure as investors near and enter retirement, aiming to balance total return and stability. The fund’s holdings are drawn from a select group of underlying American Funds, managed by Capital Research and Management Company. Key sectors represented include information technology, industrials, financials, and healthcare, along with meaningful allocations to government and inflation-linked bonds. With an annual expense ratio of 0.40%, the fund is positioned as a cost-effective retirement planning tool, offering professional management and regular rebalancing. It is intended both for investors seeking a single-fund retirement solution and for those who value a disciplined strategy that adapts automatically to changing retirement needs over several decades.
Performance
REFTX had a total return of 12.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.83%.
Top 10 Holdings
59.50% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced Fund® Class R-6 | RLBGX | 7.95% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 6.93% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 6.92% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 5.93% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 5.78% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 5.76% |
| American Funds Inflation Linked Bond Fund Class R-6 | RILFX | 5.15% |
| American Funds U.S. Government Securities Fund® Class R-6 | RGVGX | 5.05% |
| American Funds Mortgage Fund® Class R-6 | RMAGX | 5.05% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 4.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.8586 | Dec 27, 2024 |
| Dec 22, 2023 | $0.5054 | Dec 26, 2023 |
| Dec 23, 2022 | $0.885 | Dec 27, 2022 |
| Dec 27, 2021 | $1.0755 | Dec 28, 2021 |
| Dec 28, 2020 | $0.674 | Dec 29, 2020 |
| Dec 30, 2019 | $0.7055 | Dec 31, 2019 |