- CUSIP
- 02631L676
- Issuer
- American Funds
- Inception Date
- Aug 28, 2015
- Category
- Target Retirement Date
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FCFWX Performance Chart
American Funds Retirement Income Portfolio Enhanced Class F-1 (FCFWX) is up 7.1% since the beginning of the year. FCFWX is currently trading at $16 per share. Investors who bought $1,000 worth of FCFWX shares 5 years ago would now be looking at an investment worth $1,484.
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Returns By Period
American Funds Retirement Income Portfolio Enhanced Class F-1 (FCFWX) has returned 7.09% so far this year and 17.65% over the past 12 months. Over the last ten years, FCFWX has returned 8.42% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
American Funds Retirement Income Portfolio Enhanced Class F-1
- 1D
- 0.31%
- 1M
- 0.69%
- YTD
- 7.09%
- 6M
- 7.33%
- 1Y
- 17.65%
- 3Y*
- 14.07%
- 5Y*
- 8.21%
- 10Y*
- 8.42%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FCFWX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 2016, FCFWX's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, an investment would double in approximately 7.9 years.
Historically, 70% of months were positive and 30% were negative. The best month was Nov 2020 with a return of +8.0%, while the worst month was Mar 2020 at -8.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FCFWX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +4.8%, while the worst single day was Mar 16, 2020 at -7.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.64% | 2.12% | -4.65% | 5.17% | 2.08% | -0.19% | 7.09% | ||||||
| 2025 | 2.92% | 0.92% | -1.82% | -0.00% | 3.46% | 3.55% | 0.27% | 2.02% | 1.98% | 0.72% | 1.75% | 0.35% | 17.19% |
| 2024 | 0.24% | 1.81% | 2.72% | -2.73% | 2.73% | 1.21% | 2.79% | 2.27% | 1.61% | -1.49% | 2.16% | -2.10% | 11.58% |
| 2023 | 4.02% | -2.88% | 1.85% | 1.34% | -1.98% | 3.26% | 2.05% | -1.77% | -3.27% | -1.70% | 6.23% | 4.71% | 11.90% |
| 2022 | -2.67% | -1.70% | 0.68% | -4.96% | 1.34% | -6.44% | 4.11% | -2.82% | -7.02% | 5.02% | 5.89% | -2.04% | -11.04% |
| 2021 | -0.32% | 1.68% | 2.90% | 2.76% | 1.94% | 0.24% | 0.73% | 1.38% | -2.73% | 3.41% | -1.72% | 4.11% | 15.09% |
Benchmark Metrics
American Funds Retirement Income Portfolio Enhanced Class F-1 has an annualized alpha of 1.38%, beta of 0.53, and R2 of 0.88 versus S&P 500 Index. Calculated based on daily prices since January 04, 2016.
- This fund participated in 62.78% of S&P 500 Index downside but only 56.80% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.53 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.38%
- Beta
- 0.53
- R²
- 0.88
- Upside Capture
- 56.80%
- Downside Capture
- 62.78%
Expense Ratio
FCFWX has an expense ratio of 0.67%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FCFWX ranks 67 for risk / return — better than 67% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Funds Retirement Income Portfolio Enhanced Class F-1 (FCFWX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCFWX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.80 | 2.78 | +0.02 |
| Martin ratioReturn relative to average drawdown | 12.15 | 12.44 | -0.29 |
Dividends
Dividend History
American Funds Retirement Income Portfolio Enhanced Class F-1 provided a 5.35% dividend yield over the last twelve months, with an annual payout of $0.86 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.86 | $0.87 | $0.41 | $0.41 | $0.65 | $0.59 | $0.36 | $0.48 | $0.46 | $0.31 | $0.30 |
Dividend yield | 5.35% | 5.71% | 2.99% | 3.26% | 5.52% | 4.22% | 2.85% | 3.99% | 4.26% | 2.64% | 2.85% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds Retirement Income Portfolio Enhanced Class F-1. 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.08 | ||||||
| 2025 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.61 | $0.87 |
| 2024 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.17 | $0.41 |
| 2023 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.20 | $0.41 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.45 | $0.65 |
| 2021 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.40 | $0.59 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds Retirement Income Portfolio Enhanced Class F-1. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds Retirement Income Portfolio Enhanced Class F-1 was 23.62%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current American Funds Retirement Income Portfolio Enhanced Class F-1 drawdown is 0.49%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -23.62%Mar 2020 | 1mo 9d | 7mo 21d | 9moFeb 2020 - Nov 2020 |
Bear market2022 | -18.46%Sep 2022 | 8mo 28d | 1y 4mo | 2y 24dJan 2022 - Jan 2024 |
Rate-hike selloffLate 2018 | -11.54%Dec 2018 | 10mo 29d | 5mo 26d | 1y 4moJan 2018 - Jun 2019 |
2025 selloff2025 | -9.19%Apr 2025 | 1mo 17d | 1mo 7d | 2mo 24dFeb 2025 - May 2025 |
2026 pullback2026 | -6.29%Mar 2026 | 29d | 21d | 1mo 20dFeb 2026 - Apr 2026 |
Drawdown Indicators
| FCFWX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.62% | -56.78% | +33.16% |
Max Drawdown (1Y)Largest decline over 1 year | -6.29% | -9.10% | +2.81% |
Max Drawdown (3Y)Largest decline over 3 years | -9.19% | -18.90% | +9.71% |
Max Drawdown (5Y)Largest decline over 5 years | -18.46% | -25.43% | +6.97% |
Max Drawdown (10Y)Largest decline over 10 years | -23.62% | -33.92% | +10.30% |
Current DrawdownCurrent decline from peak | -0.49% | -1.80% | +1.31% |
Average DrawdownAverage peak-to-trough decline | -3.09% | -10.71% | +7.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 2.03% | -0.58% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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