American Funds 2030 Target Date Retirement Fund (REETX)
| Fund Assets | 50.71B |
| Expense Ratio | 0.38% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 3.58% |
| Dividend Growth | 44.45% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 19.27 |
| YTD Return | 11.05% |
| 1-Year Return | 11.31% |
| 5-Year Return | 46.80% |
| 52-Week Low | 16.51 |
| 52-Week High | 19.35 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Feb 1, 2007 |
About REETX
The American Funds 2030 Target Date Retirement Fund Class R-5 is a target-date mutual fund designed to support investors planning to retire around the year 2030. Its primary purpose is to offer a professionally managed, diversified investment portfolio that automatically adjusts its asset allocation as the target retirement date approaches and passes. Early in its lifecycle, the fund emphasizes growth through greater allocations to equities; over time, it shifts toward a more conservative mix by increasing exposure to fixed income, equity-income, and balanced funds to prioritize income and capital preservation as retirement nears and progresses. This fund invests in an array of underlying American Funds, spanning multiple sectors such as information technology, financials, health care, and industrials. Its allocation strategy follows a predefined glide path, gradually reducing risk to balance total return and stability for investors as they transition from accumulation to retirement. Notable for its low expenses and access to experienced management via Capital Research and Management Company, the fund is widely used in employer-sponsored retirement plans and appeals to those seeking a single, adaptive solution for long-term retirement investing.
Performance
REETX had a total return of 11.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.24%.
Top 10 Holdings
60.89% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced R6 | RLBGX | 8.26% |
| American Funds American Mutual R6 | RMFGX | 6.98% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 6.96% |
| American Funds The Bond Fund of America | RBFGX | 6.91% |
| American Funds Inflation Linked Bd R6 | RILFX | 5.99% |
| American Funds AMCAP R6 | RAFGX | 5.79% |
| American Funds Washington Mutual R6 | RWMGX | 5.08% |
| American Funds Global Balanced R6 | RGBGX | 5.07% |
| American Funds Mortgage R6 | RMAGX | 4.95% |
| American Funds Interm Bd Fd of Amer R6 | RBOGX | 4.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.6902 | Dec 27, 2024 |
| Dec 22, 2023 | $0.4778 | Dec 26, 2023 |
| Dec 23, 2022 | $0.6807 | Dec 27, 2022 |
| Dec 27, 2021 | $1.200 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6427 | Dec 29, 2020 |
| Dec 30, 2019 | $0.6398 | Dec 31, 2019 |