American Funds 2030 Target Date Retirement Fund® Class R-5E (RHETX)
| Fund Assets | 50.72B |
| Expense Ratio | 0.48% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 3.59% |
| Dividend Growth | 45.65% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 18.77 |
| YTD Return | 9.86% |
| 1-Year Return | 13.47% |
| 5-Year Return | 49.75% |
| 52-Week Low | 16.27 |
| 52-Week High | 18.83 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Nov 20, 2015 |
About RHETX
American Funds 2030 Target Date Retirement Fund Class R-5E is a target-date mutual fund specifically designed for individuals planning to retire around the year 2030. Its primary objective is to provide a diversified, all-in-one investment solution that evolves over time—initially seeking growth through a strong allocation to equities and gradually shifting toward income and capital preservation as the target retirement date approaches. The fund invests across a broad spectrum of underlying American Funds, covering U.S. and international equities as well as fixed income instruments, with recent allocations including approximately 41.5% U.S. equities, 14.5% non-U.S. equities, and around 39% in bonds. Managed by Capital Research and Management Company, the fund benefits from a blend of actively managed strategies and risk control, aiming to balance returns and stability. With assets exceeding $19 billion and a below-average risk rating for its category, this fund plays a significant role in the retirement planning landscape, particularly for participants in employer-sponsored retirement plans who seek a managed glide path to and through retirement.
Performance
RHETX had a total return of 13.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.16%.
Top 10 Holdings
60.89% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced Fund® Class R-6 | RLBGX | 8.26% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 6.98% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 6.96% |
| American Funds The Bond Fund of America® Class R-6 | RBFGX | 6.91% |
| American Funds Inflation Linked Bond Fund Class R-6 | RILFX | 5.99% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 5.79% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 5.08% |
| American Funds Global Balanced Fund Class R-6 | RGBGX | 5.07% |
| American Funds Mortgage Fund® Class R-6 | RMAGX | 4.95% |
| American Funds Intermediate Bond Fund of America® Class R-6 | RBOGX | 4.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.6738 | Dec 27, 2024 |
| Dec 22, 2023 | $0.4626 | Dec 26, 2023 |
| Dec 23, 2022 | $0.6657 | Dec 27, 2022 |
| Dec 27, 2021 | $1.1805 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6296 | Dec 29, 2020 |
| Dec 30, 2019 | $0.6235 | Dec 31, 2019 |