American Funds 2010 Target Date Retirement Income Fund

American Funds Target Date Retirement Series · 14 share classes

Target-date 2010 fund
One fund, 14 share classes:AAATXRAATXRBATXRCATXRDATXREATXRFTTXCCATXFAATXFBATXRBEAXRHATXDJTFXTDMMX
$3.80B NAV
16 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

American Funds 2010 Target Date Retirement Income Fund is a target-date 2010 fund.

Asset class
Target-date
Region
United States
Management
Actively managed
Fund type
Open-end fund
Target year
2010
Features
Fund of funds

Fund profile

As filed in the prospectus · 2025 Q4

Depending on the proximity to its target date, which we define as the year that corresponds roughly to the year in which the investor expects to retire, the fund will seek to achieve the following objectives to varying degrees: growth, income and conservation of capital. The fund will increasingly emphasize income and conservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it continues past its target date. In this way, the fund seeks to balance total return and stability over time.

Strategy · summarised

The fund invests in a mix of American Funds across growth-and-income, equity-income, balanced, and fixed income categories rather than holding securities directly. Its asset allocation shifts progressively toward fixed income and away from equities as the target retirement date approaches, then continues to evolve for approximately 30 years after that date, gradually emphasizing income and capital conservation while maintaining some equity exposure for growth. The investment adviser periodically rebalances the underlying fund mix and may modify allocations, though it typically allows positions to deviate no more than 10% from stated targets.

Expenses
0.28% 1.37%across 14 share classes
Share classExpense ratio
AAATX0.59%
RAATX1.37%
RBATX1.37%
RCATX0.92%
RDATX0.63%
REATX0.33%
RFTTX0.28%
CCATX1.35%
FAATX0.63%
FBATX0.36%
RBEAX1.07%
RHATX0.42%
DJTFX0.28%
TDMMX0.60%

Portfolio turnover 11.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

Partial coverage
99.87%
of net assets
Stocks99.87%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 0 new0 exited

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+12.73%+30.94%+28.55%5.58%-5.04%
+11.80%+27.91%+23.69%5.61%-5.24%
+11.81%+27.89%+23.69%5.59%-5.21%
+12.27%+29.61%+26.42%5.56%-5.08%
+12.60%+30.79%+28.40%5.58%-5.13%
+12.93%+31.98%+30.35%5.56%-5.00%
+13.05%+32.23%+30.74%5.63%-5.02%
+11.90%+28.05%+23.79%5.58%-5.22%
+12.66%+30.78%+28.27%5.61%-5.07%
+13.04%+31.88%+30.16%5.65%-4.96%
+12.10%+29.09%+25.52%5.57%-5.13%
+12.87%+31.64%+29.71%5.56%-5.06%
+13.00%+32.13%+30.63%5.55%-4.95%
+13.02%+31.97%+30.24%5.64%-5.04%

These classes hold the same portfolio, so the 7.05pp spread over 5 years is the cost difference between them — roughly 1.41pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
INCOME FUND OF AMERICA (THE) (IFA)RIDGX18.39%$698.00M
INTERMEDIATE BOND FUND OF AMERICA12.20%$462.94M
BOND FUND OF AMERICA (THE) (BFA)10.73%$407.26M
SHORT TERM BOND FUND OF AMERICARMMGX8.86%$336.21M
AMERICAN FUNDS MORTGAGE (AFMF)RMAGX7.55%$286.48M
CAPITAL INCOME BUILDER (CIB)RIRGX7.03%$266.95M
AMERICAN BALANCED FUND (AMBAL)RLBGX6.82%$258.76M
AMERICAN FUNDS INFLATION LINKED BOND (ILBF)RILFX6.01%$228.26M
AMERICAN MUTUAL FUND (AMF)RMFGX4.75%$180.11M
AMERICAN FUNDS STRATEGIC BOND FUND (SBF)RANGX4.10%$155.74M
Showing 10 of 16Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 86.44% of net assets, top 25 99.87%, across 16 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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