American Funds

Retirement Income Portfolio Series

SM

Vehicle: Mutual Fund Share Class
Important: Class B and 529-B shares were no longer available for purchase as of April 21, 2009. All B and 529-B shares finished converting to A and 529-A shares on April 10, 2017.

Description

Objective
The fund strives for the accomplishment of three investment objectives: current income, long-term growth of capital and conservation of capital, with an emphasis on income and conservation of capital.
Distinguishing Characteristics
The fund will invest in a mix of American Funds in varying combinations and weightings over time. The Conservative Portfolio is designed to produce current income with somewhat less volatility than the other two portfolios in the American Funds Retirement Income Portfolio Series. This approach is likely to lead to less downside risk, but also currently offers investors a lower level of current income and long-term growth potential.
Types of Investments
The underlying American Funds will typically seek to generate income from their investments, as the Conservative Portfolio is weighted more toward fixed-income securities and will also consist of equity-income and balanced funds. The fund may also invest in growth-and-income funds. Through its investments in the underlying funds, the fund will have significant exposure to fixed-income securities and to dividend-paying common stocks.

Fund Facts

Fund Inception 8/28/2015
CUSIP 02631L 20 5
Fund Number 32109

Returns

Growth of 10K

For Class B Shares, this chart tracks the high and low prices at NAV for NABRX through --.
NABRX

Prices & Distributions

Historical Prices Month-End

Historical Prices Year-End

Historical Distributions

2017
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
No data available for 2017
2017 Year-to-Date: Dividends Subtotal: -- Cap Gains Subtotal: --
Total Distributions: --

Resources

Learn More

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund prospectuses and summary prospectuses, which can be obtained from a financial professional, and should be read carefully before investing. Similar information about collective investment trusts can be obtained from Capital Group or participants’ plan provider or employer.

All Capital Group trademarks referenced are registered trademarks owned by The Capital Group Companies, Inc. or an affiliated company. All other company and product names mentioned are the trademarks or registered trademarks of their respective companies.

  1. Cash & equivalents includes short-term securities, accrued income and other assets less liabilities.
  2. The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.

Securities offered through American Funds Distributors, Inc.

Content contained herein is not intended to serve as impartial investment or fiduciary advice. The content has been developed by Capital Group, which receives fees for managing, distributing and/or servicing its investments.

Data for portfolio managers and research portfolio are shown at strategy/fund level.

©2018 Morningstar, Inc. All Rights Reserved. Except for Lipper rating information, the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor the American Funds are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by American Funds.

Terms and Definitions

Bond Statistic Average Coupon: The average coupon is the weighted average coupon rate of all the bond holdings.

Bond Statistic Average Duration in Years: Expressed in years, average duration is a weighted average of the estimated price sensitivity of the bond holdings to a given change in interest rates. With respect to individual bonds, for example, a duration of 4 years indicates that the price of a bond will rise/fall by approximately 4% if rates in general fall/rise by 1%. Typically, bonds with a longer duration pay higher interest but are more sensitive to interest rate changes.

Bond Statistic Average Life in Years: Expressed in years, average life is time weighting the expected principal payments, taking into consideration the impact of calls and prepayments. In general, it is a better measure than average maturity for bonds that have the ability to prepay principal before they reach maturity (e.g., mortgages, mortgage-backed securities and asset-backed securities). Data shown is a weighted average of the bond holdings.

Bond Statistic Average Yield to Maturity: A weighted average of all the bond holding's yield to maturities. Yield to maturity is the return a bond earns if held to maturity, based on its price and coupon. Assumes that coupon payments can be reinvested at the yield to maturity.

Bond Statistic Effective Duration in Years: Effective Duration is a duration calculation for bonds that takes into account that expected cash flows will fluctuate as interest rates change.