Investment Fund

Share Class
Purchase Restrictions: Class R-6 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
Price at NAV $18.18 as of 11/22/2024 (updated daily)
Fund Assets (millions) $3,659.2
Target Date Solutions Committee Members
8
Expense Ratio
(Gross/Net %)
0.39 / 0.39%
Quarterly Fund Fact Sheet (PDF)
Prospectus

Asset Mix

U.S. Equities62.0%
Non-U.S. Equities25.7%
U.S. Bonds7.1%
Non-U.S. Bonds1.6%
Cash & Equivalents
3.7%
As of 10/31/2024 (updated monthly)

Fund Statistics

6.3 years
Effective Duration
5.5%
Average Yield
to Worst
4.4%
Average Coupon
% of net assets as of 10/31/2024 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures

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

Internal Prompt

Returns at NAV

Returns at MOP

Description

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 10/31/2024
 $3,659.2
Companies/Issuers
Holdings are as of 10/31/2024 (updated monthly).
 2549+
Shareholder Accounts
Shareholder accounts are as of 10/31/2024
 13,743
Regular Dividends Paid
Dec
Minimum Initial Investment $0
Capital Gains Paid
Dec
Portfolio Turnover (2023) 1%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02631V 591
Fund Number 26185

Returns

Internal Prompt

Month-End Returns as of 10/31/24

Returns at NAV
| at MOP
Read important investment disclosures
RFVTX
S&P Target Date 2065+ Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/24

Growth of 10K

Read important investment disclosures
For Class R-6 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.
RFVTX
S&P Target Date 2065+ Index
VIEW LARGER CHART

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.14% 1.43%
Fund at MOP N/A N/A
As of 10/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.61 13.61 19.24
S&P Target Date 2065+ Index
-- -- --
Fund as of 9/30/24. 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(148)
3-yr. Morningstar RatingTM
(148 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+
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 10/31/2024 (updated monthly).
Internal Prompt

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated
(138)
(138)
Expense Within Category
Funds Rated
(78)
(78)
Preservation Within Category
Funds Rated
(4456)
(4456)
Tax Efficiency Within Category
Funds Rated
(138)
(138)
Total Return Within Category
Funds Rated
(138)
(138)
Category Mixed-Asset Target 2060+ Fds
KEY
HIGHEST LOWEST
As of 10/31/2024 (updated monthly)

Risk Measures

Fund
Standard Deviation
15.64
Sharpe Ratio
0.08
For the 3 Years ending 10/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P Target Date 2065+ Index
Morningstar Mod Tgt Risk TR USD
R-squared
98 95
Beta
0.98 1.21
Capture Ratio (Downside/Upside)
102/97 120/129
American Funds Benchmark for the 3 Years ending 10/31/24 (updated monthly).
Morningstar Benchmark for the 3 Years ending 10/31/24 (updated monthly).
U.S. Treasuries/Agencies
2.6%
AAA/Aaa
3.9%
AA/Aa
0.2%
A
0.7%
BBB/Baa
0.8%
BB/Ba
0.3%
B
0.1%
CCC & Below
0.0%
Unrated
0.1%
Cash & equivalents
3.6%
% of net assets as of 10/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
5.0%
5-9.9 Years
2.6%
10-19.9 Years
0.4%
20-29.9 Years
0.5%
30+ Years
0.0%
% of net assets as of 9/30/2024 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 19.7%
Industrials 13.1%
Health care 12.1%
Financials 11.7%
Consumer discretionary 10.4%
Communication services 7.2%
Consumer staples 4.7%
Materials 3.2%
Energy 2.6%
Utilities 1.7%
Real estate 1.2%

% of net assets as of 10/31/2024 (updated monthly)

Geographic Breakdown

Regions
United States
69.1%
Europe
12.5%
Asia & Pacific Basin
10.1%
Other (Including Canada & Latin America)
4.7%
Cash & equivalents
3.7%
% of net assets as of 10/31/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2024

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/25/24

FIND HISTORICAL DISTRIBUTIONS
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

Internal Prompt

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.
Internal Prompt

Expense Ratio

RFVTX 0.39%
Lipper Mixed-Asset Target 2060+ Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).