Purchase Restrictions: Class R-1 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

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Price at NAV $18.09 as of 1/22/2025 (updated daily)
Fund Assets (millions) $14,807.1
Target Date Solutions Committee Members
1
8
Expense Ratio
(Gross/Net %)
2
1.48 / 1.48%

Asset Mix
3

U.S. Equities63.3%
Non-U.S. Equities25.1%
U.S. Bonds6.8%
Non-U.S. Bonds1.7%
Cash & Equivalents
4
3.1%
As of 12/31/2024 (updated monthly)

Fund Statistics

6.5 years
Effective Duration
5.7%
Average Yield
to Worst
4.4%
Average Coupon
% of net assets as of 12/31/2024 (updated monthly)

Growth of 10K
5

High & Low Prices

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Returns at NAV
5

Returns with Sales Charge
5

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 3/27/2015
Fund Assets (millions)
As of 12/31/2024
$14,807.1
Companies/Issuers
Holdings are as of 12/31/2024 (updated monthly).
2564+
Shareholder Accounts
Shareholder accounts are as of 12/31/2024
236
Regular Dividends Paid
6
Dec
Minimum Initial Investment $0
Capital Gains Paid
6
Dec
Portfolio Turnover (2024) 5%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 02631C 38 7
Fund Number 2183

Returns

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Month-End Returns as of 12/31/24

Quarter-End Returns as of 12/31/24

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Volatility & Return

Read important investment disclosures

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

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Yield

12-month
Distribution Rates
8
30-day SEC Yield
Fund at NAV 0.17% 0.33%
Fund at MOP N/A N/A
As of 12/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.54 12.51 19.24
S&P Target Date 2060 Index
-- -- --
Fund as of 12/31/24. Index as of --.

Target Date Solutions Committee
1

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Michelle J. Black 5 23 30
David A. Hoag 5 33 37
Samir Mathur 5 12 32
Raj Paramaguru 1 12 20
Wesley K. Phoa 10 26 32
William L. Robbins 1 30 33
Jessica C. Spaly 2 21 26
Shannon Ward 4 8 32
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
9


Overall Morningstar RatingTM
Funds rated(188)
3-yr. Morningstar RatingTM
(188 funds rated)
5-yr. Morningstar RatingTM
(159 funds rated)
10-yr. Morningstar RatingTM
(-- funds rated)
--
Overall Morningstar Risk Low
HIGH
LOW
Category Target-Date 2060
Ratings are based on risk-adjusted returns as of 12/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
10
16.12
Sharpe Ratio
10
0.42
For the 5 Years ending 12/31/24 (updated monthly).
American Funds
Benchmark
11
Morningstar
Benchmark
10
S&P Target Date 2060 Index
Morningstar Mod Tgt Risk TR USD
R-squared 98 96
Beta 0.96 1.26
Capture Ratio (Downside/Upside) 99/97 125/133
American Funds Benchmark for the 5 Years ending 12/31/24 (updated monthly).
Morningstar Benchmark for the 5 Years ending 12/31/24 (updated monthly).
U.S. Treasuries/Agencies
2.5%
AAA/Aaa
3.8%
AA/Aa
0.2%
A
0.7%
BBB/Baa
0.8%
BB/Ba
0.4%
B
0.1%
CCC & Below
0.0%
Unrated
0.0%
Cash & equivalents
4
3.0%
% of net assets as of 12/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
3.6%
5-9.9 Years
3.7%
10-19.9 Years
0.7%
20-29.9 Years
0.5%
30+ Years
0.0%
% of net assets as of 12/31/2024 (updated monthly)

Holdings
3

Equities Breakdown

Equity Fund Holdings
Information technology 21.4%
Industrials 12.9%
Financials 12.0%
Health care 11.1%
Consumer discretionary 10.9%
Communication services 7.5%
Consumer staples 4.5%
Materials 2.8%
Energy 2.5%
Utilities 1.6%
Real estate 1.2%

% of net assets as of 12/31/2024 (updated monthly)

Geographic Breakdown

United States
70.1%
Europe
11.7%
Asia & Pacific Basin
10.5%
Other (Including Canada & Latin America)
4.7%
Cash & equivalents
4
3.1%
% of net assets as of 12/31/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

Historical Prices Year-End

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Historical Distributions as of 01/22/25

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
12/26/24 12/26/24 12/27/24 $0.0299 $0.00 $0.3883 $0.00 $17.78
2024 Year-to-Date: Dividends Subtotal: $0.0299 Cap Gains Subtotal: $0.3883
Total Distributions: $0.4182

Fees & Expenses

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Fees

Annual Management Fees 0.00%
Other Expenses 0.10%
Acquired (Underlying) Fund Fees and Expenses 0.38%
Service 12b-1 1.00%
As of each fund's most recent prospectus.
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Expense Ratio
2

RANTX 1.48%
Lipper Mixed-Asset Target 2060 Funds Average
12
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).