Investment Fund

Share Class
Purchase Information: Class F-1 shares are primarily available through certain financial services platforms that support self-directed investors. See the prospectus for details.

Summary

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Price at NAV $15.79 as of 11/20/2024 (updated daily)
Fund Assets (millions) $33,549.7
Target Date Solutions Committee Members
8
Expense Ratio
(Gross/Net %)
0.68 / 0.68%
Prospectus

Asset Mix

U.S. Equities35.3%
Non-U.S. Equities11.8%
U.S. Bonds43.9%
Non-U.S. Bonds5.0%
Cash & Equivalents
3.9%
As of 10/31/2024 (updated monthly)

Fund Statistics

5.4 years
Effective Duration
5.3%
Average Yield
to Worst
4%
Average Coupon
% of net assets as of 10/31/2024 (updated monthly)

Growth of 10K

Read important investment disclosures

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 10/31/2024
 $33,549.7
Companies/Issuers
Holdings are as of 10/31/2024 (updated monthly).
 3543+
Shareholder Accounts
Shareholder accounts are as of 10/31/2024
 1,684
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 5%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02631C 82 5
Fund Number 464

Returns

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Month-End Returns as of 10/31/24

Returns at NAV
| With Sales Charge
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FAPTX
S&P Target Date 2025 Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/24

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Volatility & Return

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Equities

For Class F-1 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
FAPTX
S&P Target Date 2025 Index
Other AF Funds
Standard Deviation as of 10/31/2024 (updated monthly) . Annualized return as of 10/31/2024 (updated monthly) .
VIEW LARGER CHART
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Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 2.14% 2.51%
Fund at MOP N/A N/A
As of 10/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.24 12.66 17.57
S&P Target Date 2025 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 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(185)
3-yr. Morningstar RatingTM
(185 funds rated)
5-yr. Morningstar RatingTM
(164 funds rated)
10-yr. Morningstar RatingTM
(106 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category
Target-Date 2025
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 10/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
8.96
Sharpe Ratio
0.53
For the 10 Years ending 10/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P Target Date 2025 Index
Morningstar Mod Tgt Risk TR USD
R-squared
98 98
Beta
0.96 0.89
Capture Ratio (Downside/Upside)
97/99 88/94
American Funds Benchmark for the 10 Years ending 10/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 10/31/24 (updated monthly).
U.S. Treasuries/Agencies
14.4%
AAA/Aaa
17.8%
AA/Aa
1.6%
A
4.5%
BBB/Baa
4.5%
BB/Ba
3.2%
B
1.6%
CCC & Below
0.5%
Unrated
0.8%
Cash & equivalents
3.9%
% of net assets as of 10/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
26.8%
5-9.9 Years
16.4%
10-19.9 Years
1.6%
20-29.9 Years
3.1%
30+ Years
0.1%
% of net assets as of 9/30/2024 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 9.1%
Financials 7.3%
Industrials 6.4%
Health care 6.3%
Consumer discretionary 3.8%
Consumer staples 3.7%
Communication services 3.2%
Energy 2.3%
Utilities 2.1%
Materials 1.9%
Real estate 1.1%

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

Geographic Breakdown

Regions
United States
79.3%
Europe
8.6%
Asia & Pacific Basin
4.1%
Other (Including Canada & Latin America)
4.1%
Cash & equivalents
3.9%
% of net assets as of 10/31/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

2024

Historical Prices Year-End

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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 $0.3387 $0.00 $0.1007 $0.00 $14.39
2023 Year-to-Date: Dividends Subtotal: $0.3387 Cap Gains Subtotal: $0.1007
Total Distributions: $0.4394

Fees & Expenses

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Fees

Annual Management Fees 0.00%
Other Expenses 0.12%
Acquired (Underlying) Fund Fees and Expenses 0.31%
Service 12b-1 0.25%
As of each fund's most recent prospectus.
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Expense Ratio

FAPTX 0.68%
Lipper Mixed-Asset Target 2025 Funds Average
0.70%
Fund as of most recent prospectus. Lipper Category as of 9/30/24 (updated quarterly).