American Funds Retirement Income Portfolio - Enhanced
Actively managed U.S. stock fund
As of its 2026 Q2 report, American Funds Retirement Income Portfolio - Enhanced held 10 positions with $2.26B in net assets. Its ten largest holdings made up 99.9% of the fund. The NDARX share class costs 0.61% a year. Over the 12 months to May 2026, NDARX returned 19.3%, with dividends reinvested. In 2026 Q3 it added 1 new positions and exited none.
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.
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.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
RLBGXAMERICAN BALANCED FUND (AMBAL) | 20.21% | $455.79M | 11.5M | $39.60 |
RIDGXINCOME FUND OF AMERICA (THE) (IFA) | 19.88% | $448.41M | 16.3M | $27.53 |
RIRGXCAPITAL INCOME BUILDER (CIB) | 17.91% | $403.91M | 5.0M | $81.18 |
RWIGXCAPITAL WORLD GROWTH & INCOME FUND | 10.34% | $233.17M | 3.0M | $77.70 |
RMDUXAMERICAN FUNDS MULTI-SECTOR INCOME FUND (MSI) | 6.80% | $153.38M | 16.4M | $9.38 |
AMCAP FUND | 5.24% | $118.29M | 2.4M | $48.65 |
RMFGXAMERICAN MUTUAL FUND (AMF) | 4.99% | $112.49M | 1.8M | $61.84 |
RGBGXAMERICAN FUNDS GLOBAL BALANCED FUND (GBAL) | 4.92% | $111.03M | 2.6M | $41.92 |
RITGXAMERICAN HIGH-INCOME TRUST | 4.83% | $108.98M | 11.0M | $9.87 |
BOND FUND OF AMERICA (THE) (BFA) | 4.82% | $108.80M | 9.6M | $11.29 |
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.
All 10 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 68.45% |
| Bonds | 21.84% |
| Securitized | 5.06% |
| Cash & short-term | 4.58% |
| 2 smaller | 0.45% |
Look-through blends 8 underlying funds; 10.068% of NAV was not looked through and stays direct-classified.
How it has done
NDARX share class · total returns with dividends reinvested
Volatility over the last 12 months: 8.22%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 14 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.61% | +19.29% | +53.93% | +47.73% | -6.57% | |
| 1.34% | +18.41% | +50.58% | +42.36% | -6.78% | |
| 0.67% | +19.18% | +53.61% | +47.10% | -6.60% | |
| 0.41% | +19.48% | +54.81% | +49.17% | -6.51% | |
| 1.34% | +18.52% | +50.82% | +42.64% | -6.74% | |
| 1.14% | +18.64% | +51.36% | +43.56% | -6.66% | |
| 1.11% | +18.71% | +51.71% | +44.22% | -6.69% | |
| 0.90% | +18.96% | +52.59% | +45.69% | -6.64% | |
| 0.57% | +19.35% | +54.39% | +48.21% | -6.54% | |
| 0.38% | +19.63% | +55.07% | +49.50% | -6.57% | |
| 0.32% | +19.65% | +55.28% | +49.94% | -6.48% | |
| 0.45% | +19.53% | +54.70% | +48.85% | -6.52% | |
| 0.32% | +19.69% | +55.29% | +49.95% | -6.49% | |
| 0.58% | +19.60% | +55.18% | +49.76% | -6.49% |
These classes hold the same portfolio, so the 7.59pp spread over 5 years is the cost difference between them — roughly 1.52pp a year — not a difference in what they own.
Fees & fund details
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
- Expense ratio, by class
- 0.32% – 1.34%· NDARX 0.61%
- Portfolio turnover
- 4.00% a year · as of 2025 Q4
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
1 new
0 exited
Understand how this fund fits with the rest.
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