Release Date: 12-31-2015
American
Funds 2060 Trgt Date Retire R4 RDKTX
..........................................................................................................................................................................................................................................................................................................................................
Benchmark
Morningstar Lifetime Mod 2055 TR USD
Investment Objective & Strategy
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. The advisor attempts 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 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.
Fees and Expenses as of 01-01-16
Morningstar Risk
.
.
100
80
% Allocation
Bonds
U.S. Stocks
Non-U.S. Stocks
Cash
Other
60
40
20
0
45
35
25
15
5
0
-5
-15
-25 -30
Years Until Retirement
Performance
Trailing Returns
YTD
1 Year
3 Year
5 Year
10 Year
Since Inception
Investment Return %
Benchmark Return %
Category Average %
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
-1.82
-5.24
-4.12
Morningstar Rating™
# of Funds in Category
.
.
.
.
.
.
.
.
.
.
.
.
Quarter End Returns as of 12-31-15
YTD
1 Year
3 Year
5 Year
10 Year
Since Inception
Fund Return %
Standardized Return %
.
.
.
.
.
.
.
.
.
.
-1.82
-1.82
........................................................................................................................................................................................................................
Prospectus Net Expense Ratio
0.83%
Total Annual Operating Expense
Maximum Sales Charge
12b-1 Fee
Redemption Fee/Term
1.07%
.
0.25%
.
Waiver Data
Type
Exp. Date
OtherFee
Contractual
01-01-17
%
0.24
Operations and Management
Portfolio Analysis as of 09-30-15
Composition as of 09-30-15
% Assets
The index measures the performance of a portfolio of global
equities, bonds and traditional inflation hedges such as
commodities and TIPS. This portfolio is held in proportions
appropriate for a US investor who is about 45 years away from
retirement. The Moderate risk profile is for investors who are
comfortable with average exposure to equity market volatility.
Category Description: Target Date 2051+
Target-date portfolios provide a diversified exposure to stocks,
bonds, and cash for those investors who have a specific date
in mind (in this case, the years 2051 and beyond) for retirement.
These portfolios aim to provide investors with an optimal level
of return and risk, based solely on the target date. Management
adjusts the allocation among asset classes to moreconservative mixes as the target date approaches, following a
preset glide path. A target-date portfolio is part of a series of
funds offering multiple retirement dates to investors.
Value Blend Growth
Low
Benchmark Description: Morningstar Lifetime Mod 2055 TR USD
Morningstar Style Box™ as of 09-30-15(EQ) ; 09-30-15(F-I)
Med
56.7
27.5
7.6
5.3
2.9
High
U.S. Stocks
Non-U.S. Stocks
Bonds
Cash
Other
Small
03-27-15
Wesley K.-S. Phoa
James B. Lovelace, CFA
American Funds
800-421-4225
www.americanfunds.com
Performance Disclosure: The performance data quoted represents past performance and does not guarantee future
results. The investment return and principal value of an investment will fluctuate; thus an investor’s shares, when
redeemed, may be worth more or less than their original cost.
Large Mid
Name of Issuer
Telephone
Web Site
Morningstar Return
.
Allocation of Assets
From investment’s prospectus
Fund Inception Date
Portfolio Manager(s)
Overall Morningstar Rating™
Ltd
Mod
Ext
Morningstar Sectors as of 09-30-15
% Fund
S&P 500 %
American Funds Invmt Co of Amer R6
American Funds Washington Mutual R6
American Funds American Mutual R6
American Funds Fundamental Invs R6
American Funds AMCAP R6
9.00
9.00
8.00
8.00
7.00
h Cyclical
30.75
31.26
r
t
y
u
4.34
12.32
13.15
0.94
2.64
11.25
15.16
2.21
American Funds Capital World Gr&Inc R6
American Funds Growth Fund of Amer R6
American Funds New Perspective R6
American Funds SMALLCAP World R6
American Funds American Balanced R6
7.00
7.00
7.00
7.00
5.00
j Sensitive
40.72
40.11
i
o
p
a
6.36
6.93
12.26
15.17
4.20
6.50
10.83
18.58
k Defensive
28.52
28.64
s Consumer Defensive
d Healthcare
f Utilities
8.40
17.79
2.33
9.99
15.66
2.99
Top 10 Holdings as of 09-30-15
% Assets
.......................................................................................................
.......................................................................................................
Total Number of Holdings
Annual Turnover Ratio %
Total Fund Assets ($mil)
16
20.00
54.23
...............................................................................................
Basic Materials
Consumer Cyclical
Financial Services
Real Estate
...............................................................................................
Communication Services
Energy
Industrials
Technology
...............................................................................................
Principal Risks as of 09-30-15
Emerging Markets, Foreign Securities, Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Active Management,
Issuer, Market/Market Volatility, Equity Securities, Futures, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities,
Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, U.S. Government Obligations, Derivatives, Fixed-Income Securities,
Management, Small Cap
©2016 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may
not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of
information. Past performance is no guarantee of future performance. Visit our investment website at www.morningstar.com
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