RAKTX — American Funds 2040 Target Date Retirement Fund
Data updated: 2026-06-26
RAKTX — American Funds 2040 Target Date Retirement Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $52.84B AUM · 1.45% expense ratio · 24.2% 1-yr return. From SEC regulatory filings.
RAKTX Fund Overview
RAKTX — American Funds 2040 Target Date Retirement Fund is a US mutual fund managed by American Funds Target Date Retirement 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 Target Date Retirement Series
- Category: Target Date / Glide Path Allocation
- Assets under management: $52.84B
- 1-year return: 24.2%
- Ticker: RAKTX
- SEC CIK: 0001380175
- SEC series ID: S000015561
- Share class ID: C000042412
RAKTX Holdings
Top 10 holdings of American Funds 2040 Target Date Retirement Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| American Balanced Fund (ambal) | 8.02% |
| American Mutual Fund (amf) | 7.04% |
| Capital World Growth & Income Fund | 7.02% |
| Fundamental Investors | 6.71% |
| Growth Fund Of America (the) | 6.67% |
| Amcap Fund | 6.65% |
| New Perspective Fund (npf) | 5.78% |
| Washington Mutual Investors Fund (wmif) | 5.73% |
| Smallcap World Fund, Inc. | 5.41% |
| U S Government Securities Fund (gvt) | 4.96% |
RAKTX Portfolio Allocation
Asset-class allocation of American Funds 2040 Target Date Retirement Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
RAKTX Performance
Total returns for RAKTX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.7% |
| 1 year | 24.2% |
| 3 years (annualised) | 15.8% |
| 5 years (annualised) | 7.7% |
RAKTX Risk Information
Risk metrics for RAKTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.6%
RAKTX Costs and Fees
RAKTX costs about $145 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.45%
- Gross expense ratio: 1.45%
- Portfolio turnover: 10%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
RAKTX Cashflows
Over the 12 months to 2026-04, American Funds 2040 Target Date Retirement Fund had net inflows of $933.34M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$420.74M |
| 2026-03 | −$282.09M |
| 2026-02 | $38.16M |
| 2026-01 | $10.24M |
| 2025-12 | $2.97B |
| 2025-11 | −$201.57M |
RAKTX Debt Constituents
No individual debt constituents are reported in American Funds 2040 Target Date Retirement Fund's latest SEC N-PORT filing.
RAKTX Prospectus and SEC Filings
Official American Funds 2040 Target Date Retirement Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.