About RFHTX
The American Funds 2045 Target Date Retirement Fund Class R-6 is a target-date mutual fund designed to help individuals prepare for retirement around the year 2045. Structured as an all-in-one investment solution, the fund dynamically adjusts its asset allocation over time: it prioritizes growth through equity investments in its early years and gradually shifts towards income and capital preservation by increasing exposure to fixed income and balanced funds as the target date approaches and beyond.
Managed by Capital Research and Management Company, the fund invests in a diverse mix of underlying American Funds, including growth, growth-and-income, equity-income, balanced, and fixed income strategies. Its portfolio spans a broad range of sectors such as information technology, industrials, financials, health care, and consumer discretionary, providing both domestic and international diversification. The fund’s glide path is designed not only to accumulate assets prior to retirement but also to maintain a prudent level of equity exposure during retirement, seeking to balance risk and return over time.
With a competitive expense ratio and active management, the fund plays a significant role in retirement planning for investors seeking a gradual and professionally managed transition from growth-oriented to income-focused investing.
Fund Family Capital Group
Category Target-Date 2045
Performance Rating High
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RFHTX
Share Class Class R-6
Index S&P Target Date 2045 TR
RFHTX had a total return of 11.92% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.81%.
