American Funds 2070 Trgt Dt Rtr R-6 (RFBFX)
| Fund Assets | 298.39M |
| Expense Ratio | 0.39% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 1.69% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 14.65 |
| YTD Return | 13.09% |
| 1-Year Return | 19.99% |
| 5-Year Return | n/a |
| 52-Week Low | 12.14 |
| 52-Week High | 14.65 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| Inception Date | May 3, 2024 |
About RFBFX
The American Funds 2070 Target Date Retirement Fund R6 is an open-end mutual fund specifically designed to support long-term retirement savings for individuals planning to retire around the year 2070. Managed by Capital Research and Management Company, the fund employs a diversified investment strategy that initially emphasizes growth through a broad allocation to equities. Over time, the asset mix gradually shifts according to a predetermined glide path, transitioning toward a higher allocation of fixed income and income-generating investments as the target retirement date approaches. This progression seeks to balance the goals of asset growth in early years with increased capital preservation and income generation nearer and beyond retirement. The fund’s structure leverages a collection of underlying American Funds portfolios to offer exposure across various sectors and geographic regions, aiming for risk reduction through broad diversification. Notably, the series places greater emphasis on equities—particularly dividend-paying stocks—than some comparable target date funds, with the intention of managing longevity risk for investors. The R6 share class is tailored for institutional retirement plans, offering a competitive expense ratio and omitting loads or distribution fees. The American Funds 2070 Target Date Retirement Fund R6 plays a key role in employer-sponsored retirement plans, providing a professionally managed, all-in-one investment solution that adapts over an individual’s savings lifecycle.
Performance
RFBFX had a total return of 19.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 20.23%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTHHX | Fidelity | Fidelity Sustainable Target Date 2065 K6 | 0.29% |
| FTHDX | Fidelity | Fidelity Advisor Sust Trgt Dt 2065 Z | 0.39% |
| FTHBX | Fidelity | Fidelity Advisor Sust Trgt Dt 2065 I | 0.49% |
| FTGYX | Fidelity | Fidelity Advisor Sust Trgt Dt 2065 C | 1.49% |
| FTHGX | Fidelity | Fidelity Sustainable Target Date 2065 K | 0.39% |
Top 10 Holdings
80.68% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds SMALLCAP World R-6 | RLLGX | 10.11% |
| American Funds New Perspective R-6 | RNPGX | 9.97% |
| American Funds Fundamental Invs R-6 | RFNGX | 8.96% |
| American Funds Cptl Wld Gr&Inc R-6 | RWIGX | 8.35% |
| American Funds New World R-6 | RNWGX | 8.29% |
| American Funds Washington Mutual R-6 | RWMGX | 7.96% |
| American Funds Growth Fd of Amer R-6 | RGAGX | 7.32% |
| American Funds AMCAP R-6 | RAFGX | 6.95% |
| American Funds Invmt Co of Amer R-6 | RICGX | 6.95% |
| American Funds American Mutual R-6 | RMFGX | 5.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $0.2477 | Dec 26, 2025 |
| Dec 26, 2024 | $0.0801 | Dec 27, 2024 |