American Funds IS 2010 Target Date Fund
Data updated: 2026-08-27
C000216157 — American Funds IS 2010 Target Date Fund. Target Date / Glide Path Allocation · $538.30M AUM. Holdings, fees, performance and SEC filings.
C000216157 Fund Overview
American Funds IS 2010 Target Date Fund is a US mutual fund managed by American Funds Insurance Series, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Funds Insurance Series
- Category: Target Date / Glide Path Allocation
- Assets under management: $538.30M
- 1-year return: 9.6%
- SEC CIK: 0000729528
- SEC series ID: S000067189
- Share class ID: C000216157
C000216157 Investment Objective and Strategy
American Funds IS 2010 Target Date Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Funds Insurance Series.
Investment objective
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.
Principal investment strategy
The fund will attempt to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives. For example, growth-and-income funds seek long-term growth and income primarily through investments in stocks. Equity-income and balanced funds generally strive for income and growth through stocks and/or fixed income investments, while fixed income funds seek current income through investments in bonds or in other fixed income instruments. The fund is designed for investors who plan to retire in, or close to, the funds target date that is, the year designated in the funds name.
However, investors may purchase shares of the fund throughout the life of the fund, including after the target date. In an effort to achieve the funds overall investment objective, the fund will continue to provide equity exposure after the target date has passed. The funds investment adviser periodically reviews the investment strategies and asset mix of the underlying funds and may, from time to time, rebalance or modify the asset mix of the funds and change the underlying fund investments. The investment adviser may also determine not to change the underlying fund allocations, particularly in response to short-term market movements, if in its opinion the combination of underlying funds is appropriate to meet the funds investment objective. According to its current investment approach, the investment adviser will continue to manage the fund for approximately thirty years after the fund reaches its target date.
As reflected in the glide path below, the funds asset allocations will change throughout this period. Thirty years after its target date, the fund may be combined with other funds in a single portfolio with an investment allocation that will not evolve beyond that which is in effect at that time. The following glide path chart illustrates the investment approach of the fund by showing how its investment in the various fund categories will change over time. The glide path represents the shifting of asset classes over time and shows how the funds asset mix becomes relatively more conservative both prior to and after retirement as time elapses. Although the glide path is meant to dampen the funds potential volatility as retirement approaches, the fund is not designed for a lump sum redemption at the retirement date.
The funds asset allocation strategy promotes asset accumulation prior to retirement, but it is also intended to provide equity exposure throughout retirement to deliver capital growth potential. The fund will seek dividend income to help dampen risk while maintaining equity exposure, and will invest in fixed income securities to help provide current income, capital preservation and inflation protection. The allocations shown reflect the target allocations as of May 1, 2026. Investment approach The investment adviser anticipates that the fund will invest its assets within a range that deviates no more than 10% above or below the investment approach set forth above. For example, a 40% target allocation to growth-and-income funds is not expected to be greater than 50% nor less than 30%. The investment adviser will monitor the fund on an ongoing basis and may make modifications to either the investment approach or the underlying fund allocations that the investment adviser believes could benefit shareholders.
C000216157 Holdings
Top 10 holdings of American Funds IS 2010 Target Date Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Income Fund Of America (the) (ifa) | 18.25% |
| Intermediate Bond Fund Of America | 12.21% |
| Bond Fund Of America (the) (bfa) | 10.74% |
| Short Term Bond Fund Of America | 8.87% |
| American Funds Mortgage (afmf) | 7.55% |
| Capital Income Builder (cib) | 7.00% |
| American Balanced Fund (ambal) | 6.89% |
| American Funds Inflation Linked Bond (ilbf) | 6.01% |
| American Mutual Fund (amf) | 4.76% |
| American Funds Strategic Bond Fund (sbf) | 4.12% |
C000216157 Portfolio Allocation
Asset-class allocation of American Funds IS 2010 Target Date Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
C000216157 Performance
Total returns for C000216157 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.2% |
| 1 year | 9.6% |
| 3 years (annualised) | 10.2% |
| 5 years (annualised) | 5.4% |
C000216157 Risk Information
Risk metrics for C000216157, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.3%
C000216157 Costs and Fees
C000216157 costs about $58 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.58%
- Gross expense ratio: 0.58%
- Portfolio turnover: 7%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000216157 Cashflows
Over the 12 months to 2026-06, American Funds IS 2010 Target Date Fund had net outflows of $48.67M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $17.04M |
| 2026-05 | −$8.41M |
| 2026-04 | −$7.88M |
| 2026-03 | −$6.91M |
| 2026-02 | −$6.72M |
| 2026-01 | −$6.52M |
C000216157 Debt Constituents
No individual debt constituents are reported in American Funds IS 2010 Target Date Fund's latest SEC N-PORT filing.
C000216157 Prospectus and SEC Filings
Official American Funds IS 2010 Target Date Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-30
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.