American Funds 2035 Target Date Retirement Fund (REFTX)
| Fund Assets | 53.38B |
| Expense Ratio | 0.39% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 1.30 |
| Dividend Yield | 5.78% |
| Dividend Growth | 51.97% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 22.58 |
| YTD Return | 6.68% |
| 1-Year Return | 17.70% |
| 5-Year Return | 46.20% |
| 52-Week Low | 20.33 |
| 52-Week High | 22.65 |
| 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 17.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.17%.
Top 10 Holdings
58.49% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced R6 | RLBGX | 8.06% |
| American Funds American Mutual R6 | RMFGX | 7.06% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 6.95% |
| American Funds AMCAP R6 | RAFGX | 5.82% |
| American Funds Growth Fund of Amer R6 | RGAGX | 5.38% |
| American Funds Fundamental Invs R6 | RFNGX | 5.12% |
| American Funds Global Balanced R6 | RGBGX | 5.10% |
| American Funds Mortgage Fund® Class R-6 | RMAGX | 5.04% |
| American Funds US Government Sec R6 | RGVGX | 5.04% |
| American Funds Washington Mutual R6 | RWMGX | 4.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $1.3048 | Dec 26, 2025 |
| 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 |