About REHTX
American Funds 2045 Target Date Retirement Fund Class R-5 is a diversified, actively managed mutual fund designed specifically for investors whose target retirement year is around 2045. Its primary purpose is to provide a streamlined, prudent approach to retirement saving by automatically adjusting its asset allocation over time. The fund starts with a strong emphasis on growth through diversified equity investments, including both U.S. and international stocks, with significant exposure to sectors such as information technology, industrials, and financials. As the 2045 target date approaches, the fund gradually shifts toward a more conservative strategy, increasing its allocation to fixed income, equity-income, and balanced funds to prioritize income and capital preservation. Managed by Capital Research and Management Company, a venerable and experienced investment manager, the fund is structured to balance total return with long-term stability. Its low fees relative to many peers and robust underlying portfolio of American Funds have made it a preferred choice for retirement investors seeking a single, professionally managed solution that evolves with their changing needs.
Fund Family Capital Group
Category Target-Date 2045
Performance Rating High
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol REHTX
Share Class Class R-5
Index S&P Target Date 2045 TR
REHTX had a total return of 11.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.75%.
