Investment Fund

Share Class
Purchase Restrictions: Class F-3 shares are available through certain registered investment advisor and fee-based programs, but are not available for purchase in most employer-sponsored retirement plans. See the prospectus for details.

Summary

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Price at NAV $16.90 as of 5/24/2024 (updated daily)
Fund Assets (millions) $2,676.6
Target Date Solutions Committee Members
8
Expense Ratio
(Gross/Net %)
0.39 / 0.39%

Asset Mix

U.S. Equities60.9%
Non-U.S. Equities26.7%
U.S. Bonds7.2%
Non-U.S. Bonds1.5%
Cash & Equivalents
3.7%
As of 4/30/2024 (updated monthly)

Fund Statistics

6.1 years
Effective Duration
5.7%
Average Yield
to Worst
4.3%
Average Coupon
% of net assets as of 4/30/2024 (updated monthly)

Market Capitalization

73.4%
Large
20.2%
Medium
6.4%
Small
$106,774.74 Million
Weighted Average


As of 3/31/2024 (updated quarterly). Morningstar data as of 3/31/2024 (updated quarterly).

Growth of 10K

Read important investment disclosures
For Class F-3 Shares, this chart tracks a hypothetical investment with dividends reinvested, over the last 20 years, or since inception date if the fund has been in existence under 20 years, through 12/31/2023.
FCQTX
S&P Target Date 2065+ Index

High & Low Prices

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Returns at NAV

Returns with Sales Charge

Description

Fund Objective
Depending on the proximity to its target date, which we define as the year that corresponds roughly to the year in which the investor expects to retire, the fund will seek to achieve the following objectives to varying degrees: growth, income and conservation of capital. The fund will increasingly emphasize income and conservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. In this way, the fund seeks to balance total return and stability over time.

Fund Facts

Fund Inception 3/27/2020
Fund Assets (millions)
As of 4/30/2024
$2,676.6
Companies/Issuers
Holdings are as of 4/30/2024 (updated monthly).
2422+
Shareholder Accounts
Shareholder accounts are as of 4/30/2024
50
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 1%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02631V 682
Fund Number 37185

Returns

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Month-End Returns as of 4/30/24

Quarter-End Returns as of 3/31/24

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Volatility & Return

Read important investment disclosures

Volatility & Return chart is not available for funds less than 10 years old.

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Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.26% 1.55%
Fund at MOP N/A N/A
As of 4/30/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.61 13.86 20.63
S&P Target Date 2065+ Index
-- -- --
Fund as of 3/31/24. Index as of --.

Target Date Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Michelle J. Black 4 22 29
David A. Hoag 4 32 36
Samir Mathur 4 11 31
Raj Paramaguru 1 11 19
Wesley K. Phoa 4 25 30
William L. Robbins 1 29 32
Jessica C. Spaly 1 20 25
Shannon Ward 3 7 31
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(138)
3-yr. Morningstar RatingTM
(138 funds rated)
5-yr. Morningstar RatingTM
(-- funds rated)
--
10-yr. Morningstar RatingTM
(-- funds rated)
--
Overall Morningstar Risk Below Average
HIGH
LOW
Category Target-Date 2065+
Ratings are based on risk-adjusted returns as of 4/30/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
15.87
Sharpe Ratio
0.08
For the 3 Years ending 4/30/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P Target Date 2065+ Index
Morningstar Mod Tgt Risk TR USD
R-squared 98 96
Beta 1.00 1.24
Capture Ratio (Downside/Upside) --/-- 123/137
American Funds Benchmark for the 3 Years ending 4/30/24 (updated monthly).
Morningstar Benchmark for the 3 Years ending 4/30/24 (updated monthly).
U.S. Treasuries/Agencies
2.3%
AAA/Aaa
4.3%
AA/Aa
0.2%
A
0.8%
BBB/Baa
0.7%
BB/Ba
0.2%
B
0.1%
CCC & Below
0.0%
Unrated
0.1%
Cash & equivalents
3.7%
% of net assets as of 4/30/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
3.1%
5-9.9 Years
4.2%
10-19.9 Years
0.6%
20-29.9 Years
0.5%
30+ Years
0.0%
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 19.7%
Industrials 13.4%
Health care 12.5%
Financials 10.7%
Consumer discretionary 10.0%
Communication services 6.7%
Consumer staples 5.1%
Materials 3.6%
Energy 3.3%
Utilities 1.6%
Real estate 1.0%

% of net assets as of 4/30/2024 (updated monthly)

Geographic Breakdown

United States
68.1%
Europe
13.8%
Asia & Pacific Basin
9.7%
Other (Including Canada & Latin America)
4.7%
Cash & equivalents
3.7%
% of net assets as of 4/30/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

Historical Prices Year-End

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Historical Distributions as of 01/25/24

2023
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
12/22/23 12/22/23 12/26/23 $0.2043 $0.00 $0.1043 $0.00 $15.46
2023 Year-to-Date: Dividends Subtotal: $0.2043 Cap Gains Subtotal: $0.1043
Total Distributions: $0.3086

Fees & Expenses

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Fees

Annual Management Fees 0.00%
Other Expenses 0.01%
Acquired (Underlying) Fund Fees and Expenses 0.38%
Service 12b-1 --
As of each fund's most recent prospectus.
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Expense Ratio

FCQTX 0.39%
Lipper Mixed-Asset Target 2060+ Funds Average
0.64%
Fund as of most recent prospectus. Lipper Category as of 3/31/24 (updated quarterly).

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