American Funds Target Date Retirement Series® | Capital Group
American Funds Target Date Retirement Series®

The target date series participants deserve.

Target Date Funds

Building a best-in-class target date retirement series.

Quality underlying funds

Well-designed glide path

Superior long-term results

Superior long-term results

Ranking among the highest in the category.1

Morningstar category percentile return rankings


1 Results as of June 30, 2019. Percentile rankings for one-, three- and five-year periods calculated by Morningstar. Ten-year rankings calculated by Capital Group, using data obtained from Morningstar.

Rankings are based on the funds' average annual total returns (Class R-6 shares at net asset value) within the applicable Morningstar categories. The Morningstar rankings do not reflect the effects of sales charges, account fees or taxes. Past results are not predictive of results in future periods. Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The Morningstar category average includes all share classes for the funds in the category. While American Funds R-6 shares do not include fees for advisor compensation and service provider payments, the share classes represented in the Morningstar category have varying fee structures and can include these and other fees and charges resulting in higher expenses. The category includes both active and passive target date funds, as well as those that are managed both "to" and "through"retirement. Approximately one-third of the funds within the 2000-2010 category have a target date of 2005. When applicable, investment results reflect expense reimbursements, without which results would have been lower.

All funds began on February 1, 2007, except for the 2055 fund, which began on February 1, 2010, and the 2060 fund, which began on March 27, 2015.

Discover some of the secrets of our success.


Shifting to meet participants' needs.

The allocations shown reflect the funds' target allocations as of the most recent prospectus. The funds' investment adviser anticipates that the funds will invest their assets within a range that deviates no more than 10% above or below the allocations set forth above. Changes in the equity allocation of the underlying equity-income and balanced funds may affect the overall equity exposure in the target date funds. Allocation percentages and underlying funds are subject to the Portfolio Oversight Committee's discretion and will evolve over time. Underlying funds may be added or removed during the year. For quarterly updates of fund allocations, visit

A different approach for better outcomes.

1.Meaningful equity exposure throughout retirement to deliver capital growth potential.

2.Emphasizes dividend income to manage volatility while maintaining equity exposure.

3.Fixed income strategies seek income, capital preservation and inflation protection.

Series Details

Get a closer look at our Target Date Series.

Source: Capital Group. As of December 31, 2018. For funds of funds, figures are based on holdings of the underlying funds as of date shown.

2Cash & equivalents includes short-term securities, accrued income and other assets less liabilities. 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.


"The series boasts one of the target-date industry's best rosters of underlying managers."


Our strong underlying funds have consistently outpaced their peers.3

3 Based on Class R-6 share results versus Lipper indexes for rolling periods through December 31, 2018. Periods covered are the shorter of the fund’s lifetime or since the comparable Lipper index inception date (except Capital Income Builder and SMALLCAP World Fund, for which the Lipper average was used). Equity funds outpaced Lipper indexes in 93% of rolling periods. Fixed income funds outpaced in 72% of rolling periods.

Recognized for our results.

Morningstar: Our target date series has "Terrific" funds

Eight of the underlying equity funds in the American Funds Target Date Retirement Series were recognized on the Morningstar® "28 Terrific Funds" list.

Source: Morningstar, September 4, 2018, "Fund Spy: 28 Terrific Funds," by Russel Kinnel. Morningstar's criteria for the "Terrific" list include: cheapest quintile of broad level category groupings, manager investment of more than $1 million in the fund, Morningstar Risk rating below the High level, Morningstar Analyst Rating of Bronze or higher, Parent rating of Positive, returns above the fund's benchmark over the manager's tenure. The criteria have changed over the years. Not all eight funds listed in the "28 Terrific Funds" list are in each target date fund. Underlying funds may change over time.

Lipper: Our target date series earns multiple awards

Seven American Funds target date funds won Lipper Fund Awards from Refinitiv for five-year periods. Read more about the awards.

From Refinitiv Lipper Awards, ©2019 Refinitiv. All rights reserved. Used by permission and protected by the Copyright Laws of the United States. The printing, copying, redistribution, or retransmission of this Content without express written permission is prohibited. Based on Refinitiv’s definition of consistently strong risk-adjusted returns compared with peers. The 2019 Lipper Fund Awards from Refinitiv were awarded on March 7, 2019 and were based on Class R-6 shares for the five-year period ended November 30, 2018.

Cogent: Plan advisors recommend our target date funds most often

American Funds was the #1 choice of retirement plan advisors as the most recommended target date solution, according to a recent Cogent report.

Cogent Wealth Reports, Retirement Plan Advisor Trends, September 2018, Market Strategies International. Methodology: There were 521 respondents to a web survey conducted August 8 to August 15, 2018. The respondents consisted of financial advisors managing defined contribution plans. Learn more about Cogent Wealth Reports' Retirement Plan Advisor Trends.

Choose the best Target Date Series for your participants.


Read our full white paper, explaining the details and benefits of equity exposure.


Analyze and compare our Target Date Series against others in the marketplace.

Use of Target Date ProView may be subject to approval by your home office.

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