American Funds 2055 Trgt Date Retire R6
RFKTX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- American Funds 2055 Target Date Retirement Fund R-6 (RFKTX) is an open-end mutual fund managed by Capital Research and Management Company that seeks growth, income, and conservation of capital for investors planning to retire around 2055 by dynamically adjusting its asset allocation based on proximity to the target date. Launched on February 1, 2010, the fund, domiciled in the United States, invests primarily in a portfolio of other American Funds series, including American Funds New Perspective Fund R-6 (approximately 9%), Fundamental Investors R-6 (8.9%), SMALLCAP World Fund R-6 (8.8%), Washington Mutual Investors R-6 (7.95%), and Capital World Growth and Income Fund R-6 (7.9%), with current allocations as of October 31, 2025, comprising 61.2% U.S. equities, 27.1% non-U.S. equities, 6.6% U.S. bonds, 1.6% non-U.S. bonds, and 3.5% cash and equivalents; it emphasizes large-cap blend equities and high-quality, moderate-duration bonds across sectors such as information technology (25.2%), industrials (13%), and financials (11.6%). The R-6 share class, designed for institutional and retirement plan investors, features a net expense ratio of 0.39%, no loads, a minimum initial investment of $250, and daily pricing, with total net assets of approximately $28.83 billion and share class assets of $21.35 billion as of the latest reporting. A team of experienced portfolio managers oversees the fund, including lead manager David A. Hoag (since 2020), Wesley Phoa (since 2012), Michelle J. Black (since 2020), Samir Mathur (since 2020), Shannon Ward (since 2021), Jessica Spaly (since 2023), Raj Paramaguru (since 2024), and William Robbins (since 2024). RFKTX operates within the target-date 2055 category, targeting long-term investors such as retirement plan participants, with geographic exposure spanning the United States (primary), Eurozone, developed and emerging Asia, and the United Kingdom; it pays regular dividends and capital gains annually in December, with 2024 distributions totaling $0.9225 per share. Capital Group, the parent organization founded in 1931 and headquartered at 333 South Hope Street in Los Angeles, California, manages the fund as part of its American Funds family, with global offices supporting worldwide investment research and operations. In recent developments, Capital Group launched the Target Date Retirement Blend Series in 2024, its first active/passive hybrid target-date fund series incorporating passive indexing from BlackRock and State Street Global Advisors alongside its active strategies, marking a strategic expansion in retirement solutions. The firm maintains low portfolio turnover at 5% for 2024 and updated target allocations as of June 30, 2025, under oversight committee discretion, while portfolio managers added Raj Paramaguru and William Robbins in January 2024 to enhance fixed-income and equity expertise. No major acquisitions, funding rounds, or name changes were reported for RFKTX specifically in the last 1-2 years, with focus remaining on glide path optimization and cost-efficient management.