- CUSIP
- 02630T365
- Issuer
- American Funds
- Inception Date
- Feb 1, 2007
- Category
- Target Retirement Date
- Index Tracked
- S&P Target Date 2045 Index
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
RFHTX Performance Chart
American Funds 2045 Target Date Retirement Fund Class R-6 (RFHTX) is up 10.3% since the beginning of the year. RFHTX is currently trading at $27 per share. Investors who bought $1,000 worth of RFHTX shares 5 years ago would now be looking at an investment worth $1,613.
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Returns By Period
American Funds 2045 Target Date Retirement Fund Class R-6 (RFHTX) has returned 10.26% so far this year and 24.96% over the past 12 months. Over the last ten years, RFHTX has returned 12.23% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
American Funds 2045 Target Date Retirement Fund Class R-6
- 1D
- 0.23%
- 1M
- 4.53%
- YTD
- 10.26%
- 6M
- 11.02%
- 1Y
- 24.96%
- 3Y*
- 19.09%
- 5Y*
- 10.04%
- 10Y*
- 12.23%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
RFHTX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 2010, RFHTX's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.
Historically, 68% of months were positive and 32% were negative. The best month was Nov 2020 with a return of +10.7%, while the worst month was Mar 2020 at -11.5%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 5 months.
On a daily basis, RFHTX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +6.7%, while the worst single day was Mar 16, 2020 at -9.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.70% | 1.13% | -6.48% | 8.64% | 4.21% | 0.26% | 10.26% | ||||||
| 2025 | 3.73% | -0.91% | -3.76% | 0.81% | 5.63% | 5.02% | 0.72% | 2.03% | 2.66% | 1.74% | 1.03% | 0.41% | 20.44% |
| 2024 | 0.37% | 4.08% | 2.91% | -3.56% | 3.39% | 2.01% | 1.87% | 2.31% | 2.07% | -1.80% | 3.21% | -2.30% | 15.18% |
| 2023 | 6.19% | -2.71% | 2.49% | 1.39% | -0.80% | 4.89% | 2.85% | -2.08% | -4.25% | -2.33% | 8.28% | 5.48% | 20.16% |
| 2022 | -5.95% | -2.49% | 1.28% | -7.82% | 0.60% | -7.62% | 6.12% | -3.33% | -7.98% | 5.68% | 6.97% | -3.62% | -18.16% |
| 2021 | -0.42% | 2.31% | 2.16% | 3.97% | 1.26% | 1.19% | 0.76% | 2.44% | -3.61% | 5.17% | -2.57% | 3.71% | 17.23% |
Benchmark Metrics
American Funds 2045 Target Date Retirement Fund Class R-6 has an annualized alpha of 1.12%, beta of 0.80, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since January 05, 2010.
- This fund participated in 86.62% of S&P 500 Index downside but only 84.83% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- 1.12%
- Beta
- 0.80
- R²
- 0.94
- Upside Capture
- 84.83%
- Downside Capture
- 86.62%
Expense Ratio
RFHTX has an expense ratio of 0.37%, placing it in the medium range.
Return for Risk
Risk / Return Rank
RFHTX ranks 59 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 2045 Target Date Retirement Fund Class R-6 (RFHTX) and compare them to S&P 500 Index.
| RFHTX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.41 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.79 | 2.93 | -0.14 |
| Martin ratioReturn relative to average drawdown | 12.65 | 13.52 | -0.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
American Funds 2045 Target Date Retirement Fund Class R-6 provided a 5.54% dividend yield over the last twelve months, with an annual payout of $1.47 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.47 | $1.47 | $0.78 | $0.52 | $1.15 | $1.04 | $0.66 | $0.75 | $0.72 | $0.40 | $0.49 | $0.63 |
Dividend yield | 5.54% | 6.10% | 3.67% | 2.75% | 7.05% | 4.89% | 3.45% | 4.52% | 5.18% | 2.60% | 3.78% | 5.04% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds 2045 Target Date Retirement Fund Class R-6. 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 | $1.47 | $1.47 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.52 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.15 | $1.15 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.04 | $1.04 |
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 2045 Target Date Retirement Fund Class R-6. 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 2045 Target Date Retirement Fund Class R-6 was 28.95%, occurring on Mar 23, 2020. Recovery took 84 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -28.95%Mar 2020 | 1mo 2d | 4mo 1d | 5mo 3dFeb 2020 - Jul 2020 |
Bear market2022 | -25.62%Oct 2022 | 11mo 1d | 1y 3mo | 2y 2moNov 2021 - Feb 2024 |
2011 correction2011 | -18.44%Oct 2011 | 5mo 3d | 5mo 14d | 10mo 17dMay 2011 - Mar 2012 |
Rate-hike selloffLate 2018 | -15.87%Dec 2018 | 10mo 29d | 3mo 15d | 1y 2moJan 2018 - Apr 2019 |
2016 correction2016 | -14.88%Feb 2016 | 8mo 25d | 5mo 4d | 1y 1moMay 2015 - Jul 2016 |
Drawdown Indicators
| RFHTX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.95% | -56.78% | +27.83% |
Max Drawdown (1Y)Largest decline over 1 year | -9.16% | -9.10% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -14.47% | -18.90% | +4.43% |
Max Drawdown (5Y)Largest decline over 5 years | -25.62% | -25.43% | -0.19% |
Max Drawdown (10Y)Largest decline over 10 years | -28.95% | -33.92% | +4.97% |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -10.72% | +6.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 1.97% | +0.04% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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