About RHHTX
American Funds 2045 Target Date Retirement Fund – Class R-5E is a target-date mutual fund designed to help investors prepare for retirement around the year 2045. Its primary function is to offer a diversified investment solution that evolves over time, automatically adjusting its asset allocation to become more conservative as the target retirement date approaches. Initially, the fund emphasizes capital growth, primarily investing in U.S. and international equities across sectors such as information technology, industrials, financials, and health care. As retirement nears, the portfolio gradually increases its allocation to fixed income, equity-income, and balanced funds to prioritize income generation and capital preservation.
Managed by Capital Research and Management Company, the fund pools assets into a selection of underlying American Funds, providing broad exposure to thousands of companies worldwide. It features a low annual expense ratio and a disciplined glide path, aiming to balance risk and return for participants. By offering automatic rebalancing and a hands-off investment approach, this fund plays a significant role in employer-sponsored retirement plans and serves individuals seeking a streamlined, long-term retirement savings option with professional oversight.
Fund Family Capital Group
Category Target-Date 2045
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RHHTX
Share Class Class R-5e
Index S&P Target Date 2045 TR
RHHTX had a total return of 18.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.89%.
