American Funds 2030 Target Date Retirement Fund
RFETX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles, CA 90071 Los Angeles CA United States of America 90071
- IPO Date
- May 1, 2009
- CIK
- 0001380175
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds 2030 Target Date Retirement Fund (RFETX) is a target-date mutual fund managed by Capital Group that seeks growth, income, and conservation of capital depending on proximity to its 2030 target date. The fund invests primarily in a diversified mix of underlying American Funds, including growth funds, growth-and-income funds, equity-income funds, balanced funds, and fixed-income funds; its current asset allocation comprises approximately 41.6% U.S. equities, 14.8% non-U.S. equities, 34.2% U.S. bonds, 4.0% non-U.S. bonds, and 4.4% cash and equivalents, with sector exposures led by information technology (14.9%), financials (8.0%), and industrials (7.9%). It serves retirement savers planning withdrawals around 2030, with a net expense ratio of 0.33%, total net assets of approximately $51.8 billion as of October 2025, and daily pricing available to U.S. investors through various share classes. Launched on February 1, 2007, the fund is domiciled in the United States with its investment management operations headquartered at Capital Group in Los Angeles, California. A team of portfolio managers oversees the fund, including Wesley Phoa (since 2012), David Hoag and Samir Mathur (since 2020), Shannon Ward (since 2021), Jessica Spaly and William Robbins (since 2023), and Raj Paramaguru (since 2024). The fund maintains low portfolio turnover at 7% for 2024 and pays regular dividends and capital gains annually in December. In recent developments, the fund maintained its asset base stability amid market volatility, with distributions totaling $0.699 per share in 2024 (including $0.4162 income dividend and $0.2828 long-term capital gain). It continues to emphasize fixed-income and equity-income allocations as it approaches its target date, reflecting no major strategic shifts, acquisitions, or new product launches reported in 2024-2025; portfolio managers updated in 2023-2024 to support ongoing glide path adjustments. The prospectus was updated as of January 1, 2025, incorporating current fee structures and risk metrics.