American Funds 2030 Target Date Retirement Fund (AAETX)
The investment seeks growth, income and conservation of capital. The fund normally invests a greater portion of its assets in fixed income, 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, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives.
Fund Info
| ISIN | US02630T7129 |
|---|---|
| CUSIP | 02630T712 |
| Issuer | American Funds |
| Inception Date | Jan 31, 2007 |
| Category | Target Retirement Date |
| Minimum Investment | $250 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
The American Funds 2030 Target Date Retirement Fund has a high expense ratio of 0.33%, indicating higher-than-average management fees.
Share Price Chart
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Performance
The chart shows the growth of an initial investment of $10,000 in American Funds 2030 Target Date Retirement Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Compare to other instruments
Return
American Funds 2030 Target Date Retirement Fund had a return of 4.54% year-to-date (YTD) and -0.89% in the last 12 months. Over the past 10 years, American Funds 2030 Target Date Retirement Fund had an annualized return of 7.39%, while the S&P 500 had an annualized return of 9.79%, indicating that American Funds 2030 Target Date Retirement Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | -0.98% | 0.86% |
| Year-To-Date | 4.54% | 9.53% |
| 6 months | 3.04% | 4.45% |
| 1 year | -0.89% | 1.14% |
| 5 years (annualized) | 5.54% | 9.36% |
| 10 years (annualized) | 7.39% | 9.79% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 4.68% | -2.70% | 2.50% | 1.12% | ||||||||
| 2022 | 4.18% | 5.85% | -2.52% |
Risk-Adjusted Performance
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund (AAETX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 0.11 | ||||
^GSPC S&P 500 | 0.27 |
Dividend History
American Funds 2030 Target Date Retirement Fund granted a 4.20% dividend yield in the last twelve months. The annual payout for that period amounted to $0.64 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.64 | $0.64 | $1.15 | $0.60 | $0.60 | $0.59 | $0.36 | $0.43 | $0.67 | $0.64 | $0.42 | $0.49 |
Dividend yield | 4.20% | 4.39% | 6.75% | 3.97% | 4.55% | 5.34% | 3.08% | 4.43% | 7.32% | 7.05% | 5.04% | 7.33% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds 2030 Target Date Retirement Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.60 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 |
| 2013 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 |
| 2012 | $0.49 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the American Funds 2030 Target Date Retirement Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the American Funds 2030 Target Date Retirement Fund is 48.17%, recorded on Mar 9, 2009. It took 485 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -48.17% | Nov 1, 2007 | 338 | Mar 9, 2009 | 485 | Feb 8, 2011 | 823 |
| -22.36% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -21.01% | Dec 31, 2021 | 199 | Oct 14, 2022 | — | — | — |
| -17.8% | May 3, 2011 | 107 | Oct 3, 2011 | 95 | Feb 17, 2012 | 202 |
| -13.06% | May 22, 2015 | 183 | Feb 11, 2016 | 104 | Jul 12, 2016 | 287 |
Volatility Chart
The current American Funds 2030 Target Date Retirement Fund volatility is 1.87%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.