Investment Fund

Share Class
Purchase Restrictions: Class R-5E shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
Price at NAV $14.62 as of 4/16/2024 (updated daily)
Fund Assets (millions) $32,869.3
Target Date Solutions Committee Members
8
Expense Ratio
(Gross/Net %)
0.47 / 0.47%

Asset Mix

U.S. Equities35.7%
Non-U.S. Equities12.7%
U.S. Bonds42.0%
Non-U.S. Bonds5.0%
Cash & Equivalents
4.6%
As of 3/31/2024 (updated monthly)

Fund Statistics

5 years
Effective Duration
5.1%
Average Yield
to Worst
3.8%
Average Coupon
% of net assets as of 3/31/2024 (updated monthly)

Market Capitalization

81.4%
Large
17.0%
Medium
1.6%
Small
$116,280.69 Million
Weighted Average


As of 12/31/2023 (updated quarterly). Morningstar data as of 12/31/2023 (updated quarterly).

Growth of 10K

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 2/01/2007
Fund Assets (millions)
As of 2/29/2024
$32,869.3
Companies/Issuers
Holdings are as of 3/31/2024 (updated monthly).
3412+
Shareholder Accounts
Shareholder accounts are as of 3/31/2024
5,959
Regular Dividends Paid
Dec
Minimum Initial Investment $0
Capital Gains Paid
Dec
Portfolio Turnover (2023) 5%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02631C 23 9
Fund Number 2764

Returns

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Month-End Returns as of 3/31/24

Quarter-End Returns as of 3/31/24

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Volatility & Return

Read important investment disclosures

Equities

For Class R-5E Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RHDTX
S&P Target Date 2025 Index
Other AF Funds
Standard Deviation as of 03/31/2024 (updated monthly) . Annualized return as of 03/31/2024 (updated monthly) .
VIEW LARGER CHART
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Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 2.45% 2.68%
Fund at MOP N/A N/A
As of 3/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 2.98 11.28 16.54
S&P Target Date 2025 Index
-- -- --
Fund as of 12/31/23. 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 12 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(197)
3-yr. Morningstar RatingTM
(197 funds rated)
5-yr. Morningstar RatingTM
(173 funds rated)
10-yr. Morningstar RatingTM
(107 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Target-Date 2025
Ratings are based on risk-adjusted returns as of 3/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
8.92
Sharpe Ratio
0.59
For the 10 Years ending 3/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P Target Date 2025 Index
Morningstar Mod Tgt Risk TR USD
R-squared 98 97
Beta 0.96 0.89
Capture Ratio (Downside/Upside) 96/100 88/96
American Funds Benchmark for the 10 Years ending 3/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 3/31/24 (updated monthly).
U.S. Treasuries/Agencies
12.8%
AAA/Aaa
18.1%
AA/Aa
1.6%
A
4.4%
BBB/Baa
4.3%
BB/Ba
3.0%
B
1.4%
CCC & Below
0.5%
Unrated
0.7%
Cash & equivalents
4.6%
% of net assets as of 3/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
19.4%
5-9.9 Years
21.8%
10-19.9 Years
2.8%
20-29.9 Years
2.8%
30+ Years
0.2%
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 9.6%
Health care 7.0%
Financials 6.7%
Industrials 6.6%
Consumer discretionary 4.0%
Consumer staples 3.9%
Communication services 3.1%
Energy 2.7%
Materials 1.9%
Utilities 1.9%
Real estate 1.0%

% of net assets as of 3/31/2024 (updated monthly)

Geographic Breakdown

United States
77.7%
Europe
9.4%
Asia & Pacific Basin
4.0%
Other (Including Canada & Latin America)
4.3%
Cash & equivalents
4.6%
% of net assets as of 3/31/2024 (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 $0.3712 $0.00 $0.1007 $0.00 $14.46
2023 Year-to-Date: Dividends Subtotal: $0.3712 Cap Gains Subtotal: $0.1007
Total Distributions: $0.4719

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.16%
Acquired (Underlying) Fund Fees and Expenses 0.31%
Service 12b-1 --
As of each fund's most recent prospectus.
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Expense Ratio

RHDTX 0.47%
Lipper Mixed-Asset Target 2025 Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).

Resources

Prospectuses & Reports for RHDTX