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American Funds 2065 Target Date Retirement Fund
mutual fund
AAOTX
Payout Change
Pending
Price as of:
$17.59
-0.13
-0.73%
primary theme
N/A
AAOTX (Mutual Fund)
American Funds 2065 Target Date Retirement Fund
Payout Change
Pending
Price as of:
$17.59
-0.13
-0.73%
primary theme
N/A
AAOTX (Mutual Fund)
American Funds 2065 Target Date Retirement Fund
Payout Change
Pending
Price as of:
$17.59
-0.13
-0.73%
primary theme
N/A
Name
As of 12/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
16.6%
1 yr return
16.6%
3 Yr Avg Return
4.1%
5 Yr Avg Return
N/A
Net Assets
$2.11 B
Holdings in Top 10
79.2%
52 WEEK LOW AND HIGH
$17.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.77%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 13.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/27/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AAOTX - Profile
Distributions
- YTD Total Return 16.6%
- 3 Yr Annualized Total Return 4.1%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.60%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameAmerican Funds 2065 Target Date Retirement Fund
-
Fund Family NameCapital Group Fund Group
-
Inception DateMar 27, 2020
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBradley Vogt
Fund Description
The fund will attempt to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives and strategies. For example, growth funds seek long-term growth primarily through investing in both U.S. stocks and stocks of issuers domiciled outside the United States. Growth-and-income funds seek long-term growth and income primarily through investments in stocks. Equity-income and balanced funds generally strive for income and growth through stocks and/or fixed income investments, while fixed income funds seek current income through investments in bonds or in other fixed income instruments.
The fund is designed for investors who plan to retire in, or close to, the fund’s target date – that is, the year designated in the fund’s name. However, investors may purchase shares of the fund throughout the life of the fund, including after the target date. In an effort to achieve the fund’s overall investment objective, the fund will continue to provide equity and fixed income exposure in varying amounts after the target date has passed.
The fund’s investment adviser periodically reviews the investment strategies and asset mix of the underlying funds and may, from time to time, rebalance or modify the asset mix of the funds and change the underlying fund investments. The investment adviser may also determine not to change the underlying fund allocations, particularly in response to short-term market movements, if in its opinion the combination of underlying funds is appropriate to meet the fund’s investment objective.
According to its current investment approach, the investment adviser will continue to manage the fund for approximately 30 years after the fund reaches its target date. As reflected in the glide path below, the fund’s asset allocations will change throughout this period. 30 years after its target date, the fund may be combined with other funds in a single portfolio with an investment allocation that will not evolve beyond that which is in effect at that time.
The following glide path chart illustrates the investment approach of the fund by showing how its investment in the various fund categories will change over time. The glide path represents the shifting of asset classes over time and shows how the fund’s asset mix becomes relatively more conservative – both prior to and after retirement – as time elapses. Although the glide path is meant to dampen the fund’s potential volatility as retirement approaches, the fund is not designed for a lump sum redemption at the retirement date. The fund’s asset allocation strategy promotes asset accumulation prior to retirement, but it is also intended to provide equity exposure throughout retirement to deliver capital growth potential. The fund will seek dividend income to help dampen risk while maintaining equity exposure, and will invest in fixed income securities to help provide current income, capital preservation and inflation protection. The allocations shown reflect the target allocations as of January 1, 2024.
Investment approach
The investment adviser anticipates that the fund will invest its assets within a range that deviates no more than 10% above or below the investment approach set forth above. For example, 40% target allocation to growth funds is not expected to be greater than 50% nor less than 30%. The investment adviser will monitor the fund on an ongoing basis and may make modifications to either the investment approach or the underlying fund allocations that the investment adviser believes could benefit shareholders.
AAOTX - Performance
Return Ranking - Trailing
| Period | AAOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.6% | 3.9% | 12.9% | 85.84% |
| 1 Yr | 16.6% | 30.7% | 65.2% | 78.72% |
| 3 Yr | 4.1%* | 8.7% | 13.7% | N/A |
| 5 Yr | N/A* | 10.3% | 14.1% | N/A |
| 10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
| Period | AAOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.1% | -3.3% | 18.9% | N/A |
| 2022 | -22.8% | 11.7% | 29.3% | N/A |
| 2021 | 15.3% | -23.9% | -7.8% | N/A |
| 2020 | N/A | 13.0% | 20.8% | N/A |
| 2019 | N/A | 1.7% | 8.6% | N/A |
Total Return Ranking - Trailing
| Period | AAOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.6% | 3.9% | 12.9% | 85.84% |
| 1 Yr | 16.6% | 30.7% | 65.2% | 97.16% |
| 3 Yr | 4.1%* | 7.7% | 13.7% | N/A |
| 5 Yr | N/A* | 9.6% | 14.1% | N/A |
| 10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | AAOTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.2% | -3.3% | 18.9% | N/A |
| 2022 | -19.9% | 11.7% | 29.3% | N/A |
| 2021 | 16.8% | -23.9% | -5.7% | N/A |
| 2020 | N/A | 14.1% | 22.7% | N/A |
| 2019 | N/A | 1.7% | 11.0% | N/A |
NAV & Total Return History
AAOTX - Holdings
Concentration Analysis
| AAOTX | Category Low | Category High | AAOTX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.11 B | 60.7 K | 7.18 B | 29.30% |
| Number of Holdings | 16 | 4 | 494 | 57.77% |
| Net Assets in Top 10 | 2.89 B | 51.6 K | 7.13 B | 29.70% |
| Weighting of Top 10 | 79.15% | 38.0% | 100.0% | 84.11% |
Top 10 Holdings
- SMALLCAP WORLD FUND INC R6 10.02%
- NEW PERSPECTIVE FUND R6 (NPF CL R6) 9.97%
- FUNDAMENTAL INVESTORS R6 (FI CL R6) 8.98%
- CAPITAL WORLD GROWTH AND INCOME FUND R6 (WGI CL R6) 8.23%
- WASHINGTON MUTUAL INVESTORS FUND R6 (WMIF CL R6) 8.00%
- NEW WORLD FUND INC R6 (NWF CL R6) 7.00%
- INVESTMENT COMPANY OF AMERICA (THE) R6 (ICA CL R6) 6.99%
- GROWTH FUND OF AMERICA (THE) R6 (GFA CL R6) 6.96%
- AMCAP FUND R6 6.96%
- AMERICAN BALANCED FUND R6 (AMBAL CL R6) 6.03%
Asset Allocation
| Weighting | Return Low | Return High | AAOTX % Rank | |
|---|---|---|---|---|
| Stocks | 99.99% | 65.98% | 98.58% | 86.10% |
| Convertible Bonds | 0.07% | 0.00% | 0.77% | 34.33% |
| Cash | 0.01% | -86.71% | 14.73% | 16.62% |
| Preferred Stocks | 0.00% | 0.00% | 0.36% | 9.81% |
| Other | 0.00% | -0.07% | 13.26% | 65.12% |
| Bonds | 0.00% | 0.00% | 92.61% | 34.60% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AAOTX % Rank | |
|---|---|---|---|---|
| Technology | 22.69% | 14.77% | 21.46% | 39.24% |
| Healthcare | 14.61% | 8.82% | 15.72% | 7.08% |
| Consumer Cyclical | 12.93% | 9.27% | 14.12% | 81.47% |
| Financial Services | 12.48% | 12.29% | 18.11% | 98.37% |
| Communication Services | 10.38% | 6.12% | 11.04% | 7.08% |
| Industrials | 10.11% | 9.57% | 15.26% | 96.46% |
| Consumer Defense | 5.90% | 4.55% | 11.70% | 52.32% |
| Basic Materials | 3.92% | 2.40% | 5.65% | 79.02% |
| Energy | 3.02% | 1.87% | 4.03% | 35.69% |
| Utilities | 2.26% | 0.55% | 4.39% | 12.53% |
| Real Estate | 1.71% | 1.82% | 9.04% | 99.46% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AAOTX % Rank | |
|---|---|---|---|---|
| US | 99.99% | 34.23% | 75.57% | 50.68% |
| Non US | 0.00% | 18.37% | 51.41% | 75.20% |
AAOTX - Expenses
Operational Fees
| AAOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.77% | 0.02% | 35.30% | 67.43% |
| Management Fee | 0.00% | 0.00% | 0.94% | 24.46% |
| 12b-1 Fee | 0.30% | 0.00% | 1.00% | 63.87% |
| Administrative Fee | N/A | 0.01% | 0.30% | N/A |
Sales Fees
| AAOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.50% | 5.75% | 52.63% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| AAOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| AAOTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 13.00% | 3.00% | 208.00% | N/A |
AAOTX - Distributions
Dividend Yield Analysis
| AAOTX | Category Low | Category High | AAOTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.83% | 0.00% | 1.44% | 99.73% |
Dividend Distribution Analysis
| AAOTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Monthly | Annually |
Net Income Ratio Analysis
| AAOTX | Category Low | Category High | AAOTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.60% | -0.04% | 8.75% | 92.66% |
Capital Gain Distribution Analysis
| AAOTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 26, 2024 | $0.146 | OrdinaryDividend |
| Dec 26, 2024 | $0.292 | CapitalGainLongTerm |
| Dec 22, 2023 | $0.161 | OrdinaryDividend |
| Dec 22, 2023 | $0.104 | CapitalGainLongTerm |
| Dec 23, 2022 | $0.477 | OrdinaryDividend |
| Dec 27, 2021 | $0.225 | OrdinaryDividend |
| Dec 28, 2020 | $0.087 | OrdinaryDividend |
AAOTX - Fund Manager Analysis
Managers
Bradley Vogt
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Bradley J. Vogt is an equity portfolio manager at Capital Group. He is the principal investment officer of the American Funds Target Date Retirement Series® and serves on the Target Date Solutions Committee. Brad has been involved in the oversight of our multi-asset solutions for more than a decade. Brad has 34 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered environmental services, U.S. telecommunications and cable & satellite TV companies.
David Hoag
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
David A. Hoag is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee and the Target Date Solutions Committee. He has 34 years of investment experience and has been with Capital Group for 30 years. Earlier in his career, as a fixed income investment analyst at Capital, he covered municipal bonds. He holds an MBA in finance from the University of Chicago Booth School of Business and a bachelor’s degree in economics and business from Wheaton College, Illinois. David is based in Los Angeles.
Joanna Jonsson
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Joanna F. Jonsson is an equity portfolio manager at Capital Group. She is also president of Capital Research and Management Company and serves on the Capital Group Management Committee and the Target Date Solutions Committee. She has 33 years of investment experience and has been with Capital Group for 31 years. Earlier in her career, as an equity investment analyst at Capital, Jody covered insurance, U.S. household & personal care, restaurants & lodging and cruise lines companies.
Wesley Phoa
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Wesley K. Phoa is a solutions portfolio manager at Capital Group. His focus is on fund-of-funds and multi-asset solutions. Wesley serves on the Target Date Solutions Committee, the Portfolio Solutions Committee and the Custom Solutions Committee. He has 28 years of investment experience and has been with Capital Group for 23 years. Earlier in his career at Capital, Wesley served as a fixed income portfolio manager with a focus on rates-driven and long duration strategies. His areas of research responsibility included interest rates, monetary policy and financial economics.
Michelle Black
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Michelle J. Black is a solutions portfolio manager at Capital Group. Her focus is on fund-of-funds and multi-asset solutions. Michelle serves on the Target Date Solutions Committee and the Portfolio Solutions Committee. She has 25 years of investment industry experience and has been with Capital Group for 18 years. During her tenure at Capital, Michelle led the development of asset allocation design for private high-net-worth clients. She has been deeply involved in glide path development for our target date series, and also worked as an asset allocation investment specialist out of our London office, where she helped construct multi-asset solutions for global institutions. Prior to joining Capital, Michelle was manager of the Los Angeles office and an investment planning analyst at Sanford C. Bernstein & Co. She holds a bachelor’s degree in business administration from the University of Southern California. She also holds the Certified Investment Management Analyst® and Certified Private Wealth Advisor® designations, is a member of the Investments & Wealth Institute and serves on the CIMA commission. Michelle is based in Los Angeles.
Samir Mathur
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Samir Mathur is a solutions portfolio manager at Capital Group. His focus is on fund-of-funds and multi-asset solutions. He is chair of the Portfolio Solutions Committee and also serves on the Target Date Solutions Committee and the Custom Solutions Committee. He has 29 years of investment industry experience and has been with Capital Group for nine years. During his tenure at Capital, Samir has led the development of fund-of-funds solutions and several model portfolios, including tax-aware portfolio models, portfolio sleeves and model portfolios for our insurance series of funds. Prior to joi
Shannon Ward
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
Shannon Ward is a fixed income portfolio manager at Capital Group. She also serves on the Target Date Solutions Committee. She has 29 years of investment industry experience and has been with Capital Group for five years. Prior to joining Capital, Shannon worked as a portfolio manager at Oaktree Capital Management. She holds an MBA from the University of Southern California and a bachelor's degree in psychology from University of California, Santa Barbara. Shannon is based in Los Angeles.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.06 | 8.11 | 2.38 | 1.25 |
