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Investments / American Funds® Retirement Income Model Portfolio - Moderate
 

American Funds® Retirement Income Model Portfolio - Moderate

American Funds® Retirement Income Model PortfMP Composite
tooltip: For model portfolios, the share class reflects the expenses related to the underlying funds in the representative account.
Summary
 

American Funds® Retirement Income Model Portfolio - Moderate

American Funds® Retirement Income Model PortfMP Composite
tooltip: For model portfolios, the share class reflects the expenses related to the underlying funds in the representative account.

Summary

Designed for retirees who can withstand some volatility, this model offers a balance of capital preservation and growth.

  • Portfolio Solutions Committee Members 7
  • WAERMP_WAERG
    Weighted Average Expense Ratio (%) 0.29

Underlying Funds

Growth and income
12%
American Mutual Fund®5%
Capital World Growth and Income Fund®7%
Equity income
38%
Capital Income Builder®18%
The Income Fund of America®20%
Balanced
20%
American Balanced Fund®15%
American Funds® Global Balanced Fund5%
Income
30%
American Funds® Multi-Sector Income Fund9%
American Funds® Strategic Bond Fund6%
The Bond Fund of America®8%
U.S. Government Securities Fund®7%
As of 06/17/2026 (updated daily).
MODEL HISTORICAL ALLOCATIONS
assetMix, UNDFUNDHAFMP

Asset Mix

U.S. Equities
33.9%
Non-U.S. Equities
18.1%
U.S. Bonds
38.0%
Non-U.S. Bonds
4.9%
assetMixCE
Cash Equivalents 1
5.1%
As of 05/31/2026 (updated monthly)

Market Capitalization

$162,835.68 Mil
Average
mktCapitalizationAvg
82.7%
Large
15.9%
Medium
1.3%
Small
As of 03/31/2026 (updated quarterly).

Description

Objective
Strives for the balanced accomplishment of three investment objectives: current income, long-term growth of capital and conservation of capital.
Distinguishing Characteristics
Will invest in a mix of American Funds in varying combinations and weightings over time. The Moderate Portfolio offers investors an intermediate investment option, with greater potential for current income and long-term growth than the Conservative Portfolio, but less volatility and downside risk relative to the Enhanced Portfolio.
Types of Investments
The underlying American Funds will typically seek to generate income from their investments and will primarily consist of equity-income, fixed-income and balanced funds, and may also invest in growth-and-income funds. Through its investments in the underlying funds, the portfolio will have significant exposure to dividend-paying and growth-oriented common stocks and to fixed-income securities.

Facts

ID
Strategy Inception
08/31/2015
Companies/Issuers
2856
Holdings are as of 05/31/2026 (updated monthly).
portfolioTurnover
Portfolio Turnover
2.9%
Holdings are as of 05/31/2026 (updated monthly).
RSG_YTD, RSNF_YTD, RSGA_LT, RSNFA_LT

Returns 2

  • Month-End Returns as of 05/31/2026
  • Quarter-End Returns as of 03/31/2026
    • Read important investment disclosures
    • ●Composite Gross
    • ●Composite Net
    • ●Index
    Returns table
    STRATEGYYear-to-date1 Year3 Year5 Year10 YearSince inception

    Index data refers to the Custom Index Retirement Income - Moderate.

    Strategy Inception: 08/31/2015.

    Returns greater than one year are annualized.

    Valuation

    Price/ Book tooltip: Price-to-book ratio compares a stock's market value to the value of total assets less total liabilities (book value). Adjusted for stock splits. Price/ Cash Flow tooltip: Price-to-cash-flow (P/C) ratio is the average price to cash flow ratio of the individual stocks within a fund/model. Price/ Earnings tooltip: Price-to-earnings (P/E) ratio takes the current price of a stock divided by its earnings per share. The ratio reflects the cost of a given stock per dollar of current annual earnings and is the most common measure of a stock's expense. The higher the P/E, the more investors are paying, and therefore the more earnings growth they are expecting.
    Model
    		2.910.116.6
    Custom Index Retirement Income - Moderate tooltip: The Custom Index Retirement Income - Moderate is a composite of the cumulative total returns for the following indexes with their respective weightings: 50% Bloomberg U.S. Aggregate Index, 35% S&P 500 Index and 15% MSCI All Country World Index ex USA. The blend is rebalanced monthly. Bloomberg U.S. Aggregate Index represents the U.S. investment-grade fixed-rate bond market. S&P 500 Index is a market-capitalization-weighted index based on the results of approximately 500 widely held common stocks. MSCI All Country World Index ex USA is a free-float-adjusted market-capitalization-weighted index that is designed to measure equity market results in the global developed and emerging markets, excluding the United States. The index consists of more than 40 developed- and emerging-market country indexes. When applicable, results through December 31, 2000, reflect dividends gross of withholding taxes, and dividends net of withholding taxes thereafter. The indexes are unmanaged, and results include reinvested distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes.
    		———
    Model as of 03/31/2026. Index as of 03/31/2026.

    Portfolio Solutions Committee

    • Years of Experience with Capital Group
    • Years of Experience with Investment Industry
    John Queen
    24
    36
    Wesley Phoa
    27
    33
    Samir Mathur
    13
    33
    Andrew Suzman
    32
    Michelle Black
    24
    31
    Brittain Ezzes
    4
    28
    Damien McCann
    26

    A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

    Portfolio managers as of 06/18/2026. Portfolio managers' years of experience are as of the previous calendar year end.

    Risk

    10YRLifetime

    Risk Measures

    Model
    stdDeviation
    Standard Deviation tooltip: Annualized standard deviation (based on monthly returns) is a common measure of absolute volatility that tells how returns over time have varied from the mean. A lower number signifies lower volatility.
    		8.19
    sharpe
    Sharpe Ratio (gross/net) tooltip: Sharpe ratios use standard deviation and excess return to determine reward per unit of risk. The higher the number, the better the portfolio's historical risk-adjusted performance.
    		0.64/0.25
    rSquared
    R-squared tooltip: R-squared is a measure of the correlation between a particular return and that of a benchmark index. A measure of 100 indicates that all of the return can be explained by movements in the benchmark. Generally the higher the R-squared measure, the more reliable the beta measurement will be.
    		94
    Tracking Error tooltip: The tracking error is the standard deviation of the difference between the returns of an investment and its benchmark.
    		2.21
    beta
    Beta tooltip: Beta relatively measures sensitivity to market movements over a specified period of time. The beta of the market (represented by the benchmark index) is equal to 1; a beta higher than 1 implies that a return was more volatile than the market. A beta lower than 1 suggests that a return was less volatile than the market. Generally the higher the R-squared measure, the more reliable the beta measurement will be.
    		0.91
    captureDown
    Upside Capture Ratio (gross/net) tooltip: Ratio of a portfolio/composite's return during periods when the index was up, divided by the return of the index during those periods. For example, an up-capture ratio greater than 100 indicates the portfolio/composite produced a higher return than the index during periods when the index was up.
    		50/42
    captureUp
    Downside Capture Ratio (gross/net) tooltip: Ratio of a portfolio/composite's return during periods when the index was down, divided by the return of the index during those periods. For example, during periods when the index was down, a down-capture ratio greater than 100 indicates the portfolio/composite produced a lower return than the index.
    		51/57
    For the 10 Years ending 05/31/2026 (updated monthly). Beta and Capture Ratio calculated using the Custom Index Retirement Income - Moderate.tooltip: The Custom Index Retirement Income - Moderate is a composite of the cumulative total returns for the following indexes with their respective weightings: 50% Bloomberg U.S. Aggregate Index, 35% S&P 500 Index and 15% MSCI All Country World Index ex USA. The blend is rebalanced monthly. Bloomberg U.S. Aggregate Index represents the U.S. investment-grade fixed-rate bond market. S&P 500 Index is a market-capitalization-weighted index based on the results of approximately 500 widely held common stocks. MSCI All Country World Index ex USA is a free-float-adjusted market-capitalization-weighted index that is designed to measure equity market results in the global developed and emerging markets, excluding the United States. The index consists of more than 40 developed- and emerging-market country indexes. When applicable, results through December 31, 2000, reflect dividends gross of withholding taxes, and dividends net of withholding taxes thereafter. The indexes are unmanaged, and results include reinvested distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes.

    Average Life Breakdown

    Read important investment disclosures

    0-4.9 Years
    		37.1%
    5-9.9 Years
    		23.1%
    10-19.9 Years
    		4.0%
    20-29.9 Years
    		6.8%
    30+ Years
    		0.3%
    % of net assets as of 03/31/2026 (updated quarterly)

    qualitySummary
    Quality Summary

    Read important investment disclosures

    AAA/Aaa
    		5.5%
    AA/Aa
    		21.3%
    A
    		12.1%
    BBB/Baa
    		14.7%
    BB/Ba
    		10.0%
    B
    		4.7%
    CCC & Below
    		1.5%
    Unrated
    		1.8%
    U.S. Treasuries/Agencies
    		28.5%
    % of net assets as of 05/31/2026 (updated monthly)
    TTLHLD

    Holdings

    Total Bond Holdings

    Corporate bonds & notes
    		40.7%
    U.S. Treasury bonds & notes
    		27.9%
    Mortgage-backed obligations
    		21.9%
    Asset-backed obligations
    		4.8%
    Non-U.S. government/agency securities
    		4.1%
    Revenue bonds
    		0.2%
    General obligations
    		0.2%
    % of net assets as of 03/31/2026 (updated quarterly).

    Go to the underlying fund pages to see detailed holdings information

    Geographic Breakdown

    Regions
    |
    Top Countries
     
    United States
    		71.7%
    Europe
    		11.2%
    Other (Including Canada & Latin America)
    		5.9%
    Asia & Pacific Basin
    		5.7%
    ALLCTRY_CECTRY
    Cash & equivalents 1
    		5.4%
    % of net assets as of 03/31/2026 (updated quarterly)

    Expenses

    Weighted Average Expense Ratio

    WAERMP_WAERG
    American Funds® Retirement Income Model Portfolio - Moderate
    		0.29
    WAERLC_AER
    Lipper Category Weighted Average
    		0.71
    Model as of the underlying funds' most recent prospectuses. Lipper Category as of 03/31/2026 (updated quarterly). The Lipper averages for the underlying funds are AFMFX, FWGIX, CFIHX, FIFAX, AFMBX, GFBLX, MIAZX, ANBGX, BFFAX and USGFX.

    Resources

    Literature for American Funds® Retirement Income Model Portfolio - Moderate
    There have been periods when the results lagged the index(es) and/or average(s). The indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
    Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an “as is” basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the “MSCI Parties”) expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. Please visit the data provider's website for more information.
    Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). Bloomberg or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices. Neither Bloomberg nor Bloomberg's licensors approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.
    Each S&P Index ("Index") shown is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Capital Group. Copyright © 2026 S&P Dow Jones Indices LLC, a division of S&P Global, and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part is prohibited without written permission of S&P Dow Jones Indices LLC.
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    Totals may not reconcile due to rounding and/or cash flows.
    Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
    Results and results-based figures shown are preliminary and subject to change.
    1
    Includes cash, short-term securities, other assets less liabilities, accruals, derivatives and forwards. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
    2
    Returns are in USD, are asset weighted, and reflect the reinvestment of dividends, interest and other earnings (net of withholding taxes).
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    Advisory services offered through Capital Research and Management Company (CRMC) and its RIA affiliates.
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