American Funds® Retirement Income Portfolio - Enhanced
Retirement Income Portfolio Series
Overview
Designed to provide a growth strategy for retirees, the American Funds Retirement Income Portfolio - Enhanced SM may be appropriate for retirees who:
- Are seeking an investment for use with a periodic withdrawal program.
- Desire a potentially higher level of income and growth of capital in exchange for potentially greater downside risk.
Objective
The fund strives for the accomplishment of three investment objectives: current income, long-term growth of capital and conservation of capital, with an emphasis on income and growth of capital.
Manager
The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.
Fund information
- Began operations: 8/28/15
- Net and gross expense ratios:* 0.59% / 0.59%
- Investment expenses paid annually:† $5.90 for a $1,000 balance
- Ticker symbol: NDARX
*The investment adviser is currently reimbursing a portion of other expenses. Net expense ratios reflect the reimbursement, without which the expenses would have been higher. The reimbursement will be in effect through at least April 7, 2018. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. The expense ratios are as of each fund’s prospectus and include the weighted average expenses of the underlying funds. Please see the fund’s most recent prospectus for details.
†You can estimate the investment expenses you’re paying annually by multiplying your balance in the fund by the expense ratio.
Underlying funds
(as of 10/31/24; percentage of net assets; holdings are subject to change)
Growth
4.9%
- AMCAP Fund® 4.9%
Growth-and-income
14.9%
Equity-income/Balanced
63.0%
- American Balanced Fund® 19.9%
- American Funds® Global Balanced Fund 5.0%
- Capital Income Builder® 18.0%
- The Income Fund of America® 20.0%
Bond
17.2%
Asset mix
(as of 10/31/24; percentage of net assets; holdings are subject to change)
Portfolio summary
(as of 9/30/24; percentage of net assets; holdings are subject to change)
Geographic breakdown
(as of 10/31/24; percentage of net assets; holdings are subject to change)
*Cash and 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.
Past results
The bar graph below shows the fund’s annual results and illustrates the fund’s fluctuations over the past 10 years. (The percentages are shown at net asset value, updated annually as of 12/31.)
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely.
Average annual total returns through 9/30/24
| Latest10 years | Latest5 years | Latest3 years | Latestyear | |
|---|---|---|---|---|
| At net asset value | - | 8.00% | 6.14% | 23.98% |
| At maximum offering price (Class A shares, with 5.75% maximum sales charge) |
- | 6.72% | 4.07% | 16.81% |
Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The investment adviser is currently reimbursing a portion of other expenses. Investment results reflect the reimbursement, without which the results would have been lower. The reimbursement will be in effect through at least April 7, 2018. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. Read details about how waivers and/or reimbursements affect the results for each fund.
In applying any particular asset allocation model to your own individual situation, you should consider your other assets, income and investments. For example, in addition to your retirement plan investments, you should consider any investments (including those in an Individual Retirement Account) and savings accounts.
The Retirement Income Portfolio Series investment allocations may not achieve fund objectives and adequate income through retirement is not guaranteed. There are expenses associated with the underlying funds in addition to fund-of-funds expenses. The funds’ risks are directly related to the risks of the underlying funds. Payments consisting of return of capital will result in a decrease in an investor’s fund share balance. Higher rates of withdrawal and withdrawals during declining markets may result in a more rapid decrease in an investor’s fund share balance. Persistent returns of capital could ultimately result in a zero account balance.
The funds are actively monitored; allocations and funds may change.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries.
Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.
Fund shares of U.S. Government Securities Fund are not guaranteed by the U.S. government.
While not directly correlated to changes in interest rates, the values of inflation linked bonds generally fluctuate in response to changes in real interest rates and may experience greater losses than other debt securities with similar durations.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from your plan’s financial professional or downloaded and should be read carefully before investing. You can find a link to the prospectus at the top of the page.
Use of this website is intended for U.S. residents only.
Capital Client Group, Inc.
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