- CUSIP
- 02631V674
- Issuer
- American Funds
- Inception Date
- Mar 27, 2020
- Category
- Target Retirement Date
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
RAQTX Performance Chart
American Funds 2065 Target Date Retirement Fund Class R-1 (RAQTX) is up 10.6% since the beginning of the year. RAQTX is currently trading at $22 per share. Investors who bought $1,000 worth of RAQTX shares 5 years ago would now be looking at an investment worth $1,548.
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Returns By Period
American Funds 2065 Target Date Retirement Fund Class R-1 (RAQTX) has returned 10.63% so far this year and 24.76% over the past 12 months.
American Funds 2065 Target Date Retirement Fund Class R-1
- 1D
- 1.19%
- 1M
- 2.41%
- YTD
- 10.63%
- 6M
- 10.56%
- 1Y
- 24.76%
- 3Y*
- 17.60%
- 5Y*
- 9.13%
- 10Y*
- —
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%
RAQTX Monthly Returns History
Based on dividend-adjusted daily data since Mar 27, 2020, RAQTX's average daily return is +0.06%, while the average monthly return is +1.28%. At this rate, an investment would double in approximately 4.5 years.
Historically, 70% of months were positive and 30% were negative. The best month was Nov 2020 with a return of +10.8%, while the worst month was Apr 2022 at -8.4%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.
On a daily basis, RAQTX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +7.1%, while the worst single day was Jun 11, 2020 at -4.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.71% | 0.83% | -6.97% | 9.42% | 4.66% | 0.27% | 10.63% | ||||||
| 2025 | 3.63% | -1.50% | -4.23% | 0.88% | 5.96% | 5.24% | 0.73% | 1.93% | 2.71% | 1.84% | 0.73% | 0.37% | 19.41% |
| 2024 | 0.26% | 4.33% | 2.85% | -3.80% | 3.45% | 2.06% | 1.48% | 2.16% | 2.12% | -1.96% | 3.26% | -2.29% | 14.44% |
| 2023 | 6.48% | -2.75% | 2.46% | 1.24% | -0.57% | 4.99% | 2.96% | -2.27% | -4.45% | -2.58% | 8.52% | 5.55% | 20.29% |
| 2022 | -6.65% | -2.74% | 1.11% | -8.41% | 0.42% | -8.02% | 6.35% | -3.45% | -8.20% | 5.60% | 6.92% | -3.87% | -20.54% |
| 2021 | -0.48% | 2.41% | 2.15% | 4.08% | 1.01% | 1.25% | 0.68% | 2.52% | -3.77% | 5.23% | -2.78% | 3.34% | 16.37% |
Benchmark Metrics
American Funds 2065 Target Date Retirement Fund Class R-1 has an annualized alpha of 0.92%, beta of 0.82, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since March 27, 2020.
- This fund participated in 89.25% of S&P 500 Index downside but only 84.85% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 0.92%
- Beta
- 0.82
- R²
- 0.92
- Upside Capture
- 84.85%
- Downside Capture
- 89.25%
Expense Ratio
RAQTX has a high expense ratio of 1.49%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
RAQTX ranks 50 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Funds 2065 Target Date Retirement Fund Class R-1 (RAQTX) 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.
| RAQTX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 2.78 | -0.31 |
| Martin ratioReturn relative to average drawdown | 10.95 | 12.44 | -1.49 |
Dividends
Dividend History
American Funds 2065 Target Date Retirement Fund Class R-1 provided a 3.49% dividend yield over the last twelve months, with an annual payout of $0.77 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| Dividend | $0.77 | $0.77 | $0.30 | $0.17 | $0.41 | $0.16 | $0.10 |
Dividend yield | 3.49% | 3.86% | 1.74% | 1.09% | 3.17% | 0.94% | 0.68% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds 2065 Target Date Retirement Fund Class R-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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $0.77 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
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 2065 Target Date Retirement Fund Class R-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 2065 Target Date Retirement Fund Class R-1 was 27.99%, occurring on Oct 14, 2022. Recovery took 349 trading sessions.
The current American Funds 2065 Target Date Retirement Fund Class R-1 drawdown is 0.05%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -27.99%Oct 2022 | 11mo 1d | 1y 4mo | 2y 3moNov 2021 - Mar 2024 |
2025 selloff2025 | -15.63%Apr 2025 | 1mo 18d | 1mo 26d | 3mo 14dFeb 2025 - Jun 2025 |
2026 pullback2026 | -9.92%Mar 2026 | 1mo 2d | 16d | 1mo 18dFeb 2026 - Apr 2026 |
2024 pullback2024 | -7.11%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2020 pullback2020 | -6.66%Sep 2020 | 20d | 1mo 13d | 2mo 3dSep 2020 - Nov 2020 |
Drawdown Indicators
| RAQTX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.99% | -56.78% | +28.79% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -9.10% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -15.63% | -18.90% | +3.27% |
Max Drawdown (5Y)Largest decline over 5 years | -27.99% | -25.43% | -2.56% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.05% | -1.80% | +1.75% |
Average DrawdownAverage peak-to-trough decline | -6.25% | -10.71% | +4.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 2.03% | +0.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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