American Funds Retirement Income Portfolio - Enhanced

American Funds Retirement Income Portfolio Series · 14 share classes

Actively managed U.S. equity fund
One fund, 14 share classes:NDARXNDCRXFCFWXFGFWXRCRPXRFRPXRIRPXRLRPXRPRPXRXRPXRVRPXRRQPXFIEWXTAFEX
$2.26B NAV
10 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

American Funds Retirement Income Portfolio - Enhanced is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2025 Q4

The fund strives for the accomplishment of three investment objectives: current income, long-term growth of capital and conservation of capital, with an emphasis on income and growth of capital.

Strategy · summarised

The fund invests in a mix of other American Funds, primarily equity-income, balanced, and growth-and-income funds, with potential fixed-income fund exposure, to gain significant exposure to dividend-paying and growth-oriented stocks both inside and outside the United States. The Enhanced Portfolio tilts toward a higher ratio of equity-focused underlying funds and may hold fixed-income funds with exposure to securities rated BB+ or below, seeking to enhance current income and long-term capital growth. Because the fund's returns depend on the investment positions and performance of the underlying funds it selects, adjustments to those holdings or their weightings will affect the fund's results.

Expenses
0.32% 1.34%across 14 share classes
Share classGrossNet
NDARX0.61%
NDCRX1.34%
FCFWX0.67%
FGFWX0.41%
RCRPX1.34%
RFRPX1.14%1.14%
RIRPX1.11%1.11%
RLRPX0.91%0.90%
RPRPX0.57%0.57%
RXRPX0.38%0.38%
RVRPX0.32%0.32%
RRQPX0.45%0.45%
FIEWX0.32%
TAFEX0.58%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 4.00% · as of 2025 Q4

Allocation

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

100.38%
of net assets
Stocks68.45%
Bonds21.84%
Securitized5.06%
Cash & short-term4.58%
2 smaller0.45%

Look-through blends 8 underlying funds; 10.068% of NAV was not looked through and stays direct-classified.

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
+20.82%+47.83%+47.44%8.43%-6.57%
+19.92%+44.66%+42.14%8.40%-6.78%
+20.79%+47.49%+46.89%8.41%-6.60%
+21.02%+48.69%+48.87%8.38%-6.51%
+20.05%+44.82%+42.45%8.43%-6.74%
+20.16%+45.29%+43.36%8.42%-6.66%
+20.23%+45.67%+43.91%8.38%-6.69%
+20.48%+46.50%+45.48%8.40%-6.64%
+20.96%+48.24%+48.00%8.37%-6.54%
+21.16%+48.94%+49.31%8.47%-6.57%
+21.10%+49.05%+49.54%8.42%-6.48%
+21.06%+48.58%+48.66%8.45%-6.52%
+21.15%+49.06%+49.55%8.44%-6.49%
+21.13%+49.04%+49.46%8.39%-6.49%

These classes hold the same portfolio, so the 7.41pp spread over 5 years is the cost difference between them — roughly 1.48pp 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
AMERICAN BALANCED FUND (AMBAL)RLBGX20.21%$455.79M
INCOME FUND OF AMERICA (THE) (IFA)RIDGX19.88%$448.41M
CAPITAL INCOME BUILDER (CIB)RIRGX17.91%$403.91M
CAPITAL WORLD GROWTH & INCOME FUNDRWIGX10.34%$233.17M
AMERICAN FUNDS MULTI-SECTOR INCOME FUND (MSI)RMDUX6.80%$153.38M
AMCAP FUND5.24%$118.29M
AMERICAN MUTUAL FUND (AMF)RMFGX4.99%$112.49M
AMERICAN FUNDS GLOBAL BALANCED FUND (GBAL)RGBGX4.92%$111.03M
AMERICAN HIGH-INCOME TRUSTRITGX4.83%$108.98M
BOND FUND OF AMERICA (THE) (BFA)4.82%$108.80M
Showing 10 of 10

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 99.94% of net assets, top 25 99.94%, across 10 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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