About RFETX
American Funds 2030 Target Date Retirement Fund Class R-6 is an open-end mutual fund designed to help individuals save for retirement with a target date around the year 2030. Its primary function is to offer a diversified, age-appropriate investment solution that automatically adjusts its asset allocation as the investor approaches retirement. The fund achieves this by investing in a mix of underlying American Funds, spanning various asset classes such as growth, growth-and-income, equity-income, balanced, and fixed income funds, aiming to balance growth potential with risk reduction over time. As the target date nears, the fund gradually increases its allocation to fixed income and equity-income strategies, emphasizing income generation and capital preservation. Managed by Capital Research and Management Company, the fund is supported by a team with a longstanding commitment to research-driven, long-term investment management. With a competitive expense ratio, a large asset base, and a disciplined management process, this fund plays a significant role in the retirement savings market by providing a single-fund solution tailored to investors' changing needs as they transition from accumulation to income-focused strategies.
Fund Family Capital Group
Category Target-Date 2030
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RFETX
Share Class Class R-6
Index S&P Target Date 2030 TR
RFETX had a total return of 12.65% in the past year, including dividends.
Since the fund's inception, the average annual return has been 9.36%.
