American Funds 2065 Trgt Date Retire R6
RFVTX
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
FRC
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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 Chicago IL United States of America 60606
- IPO Date
- Mar 27, 2020
- CIK
- 0001380175
- Website
- guggenheiminvestments.com
- Similar Companies
- Business
- American Funds 2065 Target Date Retirement Fund (RFVTX) is an open-end mutual fund managed by Capital Group Companies, Inc., that seeks growth, income, and conservation of capital for investors planning to retire around 2065. The fund invests primarily in a diversified portfolio of underlying American Funds, including growth and income equity funds such as American Funds New Perspective Fund R-6, American Funds SMALLCAP World Fund R-6, American Funds Fundamental Investors R-6, American Funds Washington Mutual Investors Fund R-6, and American Funds New World Fund R-6; fixed income and balanced funds; U.S. equities (61.3%), non-U.S. equities (27.3%), U.S. bonds (6.4%), non-U.S. bonds (1.6%), and cash equivalents, with allocations adjusted along an objective-based glide path that gradually shifts toward conservative assets as the target date approaches and for 30 years beyond. It emphasizes dividend-paying stocks for equity exposure while managing volatility and features a low expense ratio of 0.39%, minimal portfolio turnover of 4% in 2024, and a team of experienced portfolio managers including David Hoag, Samir Mathur, Raj Paramaguru, Wesley Phoa, Will Robbins, Jessica Spaly, Shannon Ward, and Michelle Black. Launched on March 27, 2020, the fund is part of the American Funds Target Date Retirement Series and is headquartered in Los Angeles, California, where Capital Group was founded in 1931. As of October 31, 2025, it manages approximately $5.88 billion in assets across 14,479 shareholder accounts, with holdings in over 2,649 companies and issuers, primarily in sectors like information technology (25.4%), industrials (13.1%), financials (11.5%), and consumer discretionary (9.9%). The fund operates globally, with significant exposure to U.S. markets, Eurozone, emerging Asia, developed Asia, and the United Kingdom, targeting retirement plan participants and long-term investors seeking hands-off asset allocation. Recent developments include a prospectus update effective January 1, 2025, and a December 2024 distribution of $0.1982 in regular income dividends and $0.2919 in long-term capital gains per share, reflecting ongoing portfolio adjustments amid market conditions. The fund maintained low volatility with a 5-year standard deviation of 14.24% and Sharpe ratio of 0.70 as of October 31, 2025, earning strong Morningstar ratings in its Target-Date 2065+ category. Capital Group, the fund's investment adviser, continues to emphasize its research-driven Capital System approach, with no major acquisitions, partnerships, or strategic shifts specific to RFVTX reported in the last 1-2 years.