About RHATX
The American Funds 2010 Target Date Retirement Fund - Class R-5E is a target-date mutual fund designed primarily for individuals nearing or already in retirement, with an original target retirement year of 2010. As a target-date fund, its asset allocation has gradually shifted over time, moving from a higher allocation to equities toward a more conservative balance dominated by fixed income, equity-income, and balanced funds as retirement approaches and passes. This evolving "glide path" aims to reduce portfolio risk and prioritize income generation and capital preservation, while maintaining exposure to equities for growth potential during the retirement years.
Managed by Capital Group, the fund invests in a diversified mix of underlying American Funds, periodically rebalancing allocations in line with its investment objectives of growth, income, and risk management. Even after the target date, the fund continues active management for decades to address retirees' changing needs, providing ongoing equity and fixed income exposure, dividend income, and inflation protection. The fund serves as a convenient, all-in-one retirement solution for investors seeking professional asset allocation and regular portfolio adjustments throughout their retirement journey.
Fund Family Capital Group
Category Target-Date 2000-2010
Performance Rating High
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RHATX
Share Class Class R-5e
Index S&P Target Date 2010 TR
RHATX had a total return of 9.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.73%.
