Dow Up0.76% Nasdaq Up0.69%

American Funds 2030 Trgt Date Retire R5 (REETX)

12.97 Up 0.06(0.46%) Oct 24

Profile as of Sep 29, 2014Get Profile for:
American Funds 2030 Trgt Date Retire R5
American Funds Target Date Retiremt Ser333 South Hope StreetLos Angeles, CA 90071
Phone: 800-421-4225
Fund Overview 
Category:Target Date 2026-2030
Fund Family:American Funds
Net Assets:3.92B
Year-to-Date Return:4.91%
Morningstar Rating:5 stars
Fund Inception Date:Feb 1, 2007
Morningstar Style Box 
Target Date 2026-2030
[View Category Definition]
View Top Target Date 2026-2030 Funds
About the Morningstar Style Box
Management Information 
James B. Lovelace
Lead Manager since Feb 1, 2007
Lovelace is a senior vice president and portfolio manager with Capital Research and Management Company. Lovelace holds the Chartered Financial Analyst designation.
Investment Information 
Min Initial Investment:250
Min Initial Investment, IRA:250
Min Initial Investment, AIP:250
Min Subsequent Investment:50
Min Subsequent Investment, IRA:25
Min Subsequent Investment, AIP:50
REETX can be purchased from 63 brokerages.

Fund Summary 
The investment seeks growth, income and conservation of capital. The fund normally invests a greater portion of its assets in bond, equity income and balanced funds as it approaches and passes its target date. It attempts to achieve its objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories such as growth funds, growth-and-income funds, equity-income funds and a balanced fund and bond funds. The fund categories represent differing investment objectives.

Fund Operations 
Last Dividend (Dec 29, 2013) : 0.19
Last Cap Gain : 0.00
Annual Holdings Turnover (Oct 22, 2014) : 2.00%
Average for Category:22.03%
Fees & Expenses 
ExpenseREETXCategory Avg
Annual Report Expense Ratio (net):0.06%0.51%
Prospectus Net Expense Ratio:0.45%N/A
Prospectus Gross Expense Ratio:0.55%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.23%
Max Deferred Sales Load: N/A2.28%
3 Yr Expense Projection*:166672
5 Yr Expense Projection*:2971,353
10 Yr Expense Projection*:6802,398
* Per $10,000 invested