American Funds 2040 Trgt Date Retire R5E (RHGTX)
| Fund Assets | 48.14B |
| Expense Ratio | 0.52% |
| Min. Investment | $250 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 3.30% |
| Dividend Growth | 51.60% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 22.80 |
| YTD Return | 12.09% |
| 1-Year Return | 14.32% |
| 5-Year Return | 65.71% |
| 52-Week Low | 18.48 |
| 52-Week High | 22.99 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Nov 20, 2015 |
About RHGTX
The American Funds 2040 Target Date Retirement Fund R-5E is a target-date mutual fund designed primarily for individuals seeking a simplified approach to retirement savings. Its core purpose is to provide a diversified, all-in-one investment solution for those planning to retire around the year 2040. The fund achieves this by investing in a diversified mix of underlying American Funds, which span a broad range of asset classes, including U.S. and international equities, fixed income, and balanced strategies. As the target date approaches, the fund systematically shifts its allocation toward a greater emphasis on income generation and capital preservation, gradually reducing its equity exposure and increasing the proportion of fixed income and more conservative investments. Managed by Capital Research and Management Company, a long-established and research-focused investment manager, the fund leverages the expertise of multiple portfolio managers and the collective strength of its underlying funds. With a low expense ratio and a disciplined glide path, the fund aims to balance growth potential in earlier years with risk management as retirement nears, making it a cornerstone option for long-term retirement planning within employer-sponsored plans and other retirement accounts.
Performance
RHGTX had a total return of 14.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.98%.
Top 10 Holdings
66.42% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced R6 | RLBGX | 7.99% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.15% |
| American Funds Fundamental Invs R6 | RFNGX | 7.07% |
| American Funds Growth Fund of Amer R6 | RGAGX | 6.98% |
| American Funds AMCAP R6 | RAFGX | 6.98% |
| American Funds American Mutual R6 | RMFGX | 6.91% |
| American Funds New Perspective R6 | RNPGX | 6.66% |
| American Funds Washington Mutual R6 | RWMGX | 5.94% |
| American Funds SMALLCAP World R6 | RLLGX | 5.87% |
| American Funds US Government Sec R6 | RGVGX | 4.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.7527 | Dec 27, 2024 |
| Dec 22, 2023 | $0.4965 | Dec 26, 2023 |
| Dec 23, 2022 | $1.0488 | Dec 27, 2022 |
| Dec 27, 2021 | $1.0494 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6362 | Dec 29, 2020 |
| Dec 30, 2019 | $0.722 | Dec 31, 2019 |