Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
13.1%
1 yr return
25.4%
3 Yr Avg Return
5.9%
5 Yr Avg Return
8.0%
Net Assets
$1.6 B
Holdings in Top 10
99.9%
Expense Ratio 0.68%
Front Load N/A
Deferred Load N/A
Turnover 18.00%
Redemption Fee N/A
Standard (Taxable)
$250
IRA
$25
Fund Type
Open End Mutual Fund
Name
As of 10/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The fund is intended primarily for investors who are already in retirement or plan to retire in the near future and who are seeking an investment for use with a periodic withdrawal program. In some cases, all or a portion of any distribution from the fund may include the investor’s original investment. The American Funds Retirement Income Portfolio – Enhanced (“Enhanced Portfolio” or the “fund”) is designed for investors who desire a potentially higher level of income and growth of capital in exchange for potentially greater downside risk. The fund is not designed to be the sole option for the investor’s retirement income needs nor is there any guarantee that the fund will provide adequate income through retirement.
The fund will attempt to achieve its investment objectives by investing in a mix of American Funds in varying combinations and weightings over time. The underlying American Funds will primarily consist of equity funds in the equity-income, balanced and growth-and-income fund categories. The fund may also invest in fixed-income funds. Through its investments in the underlying funds, the fund will have significant exposure to both dividend-paying and growth-oriented common stocks.
The Enhanced Portfolio currently plans to invest a higher ratio in underlying funds that invest significantly in stocks and other equity securities. The fund will seek exposure to investments outside the United States as well as in the United States. The investment adviser believes that exposure to investments outside the United States can help provide diversification when seeking current income and long-term growth of capital.
With respect to its fixed income investments, the underlying funds in which the fund invests may hold debt securities with a wide range of quality and of any maturity or duration. Duration is a measure used to determine the sensitivity of a security’s price to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates. The fund may invest in underlying funds with significant exposure to bonds rated BB+ or below and Ba1 or below by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser, or unrated but determined by the fund’s investment adviser to be of equivalent quality. Securities rated BB+ or below and Ba1 or below are sometimes referred to as “junk bonds.” Exposure to lower rated securities may help the fund achieve its primary objective of providing current income.
The underlying funds may hold securities issued and guaranteed by the U.S. government, securities issued by federal agencies and instrumentalities and securities backed by mortgages or other assets. The underlying funds may also invest in the securities of governments, agencies, corporations and other entities domiciled outside the United States.
The fund’s investment adviser seeks to create combinations of underlying funds that complement each other with a goal of achieving the Enhanced Portfolio’s investment objectives of providing current income, long-term growth of capital and conservation of capital, with an emphasis on income and growth of capital. In making this determination, the fund’s investment adviser considers the historical volatility and returns of the underlying funds and how various combinations would have behaved in past market environments. It also considers, among other topics, current market conditions and the investment positions of the underlying funds.
The fund’s investment adviser periodically reviews the investment strategies and asset mix of the underlying funds. The investment adviser will also consider whether overall market conditions would favor a change in the exposure of the fund to various asset types or geographic regions. Based on these considerations, the investment adviser may make adjustments to underlying fund holdings by adjusting the percentage of individual underlying funds within the fund, or adding or removing underlying funds. 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 fund’s investment objectives.
The fund is one of a suite of three American Funds Retirement Income Portfolios designed to help investors in or near retirement with a withdrawal program. The three portfolios are designed to provide investors with the ability to produce cash flows from their investments in the portfolio over an extended period of time along a variation of risk profiles. The American Funds Retirement Income Portfolio – Conservative (the “Conservative Portfolio”) seeks to provide the lowest downside risk of the three portfolios, which normally results in a comparatively lower level of income and potential for growth of capital. The Enhanced Portfolio seeks somewhat higher income and long-term growth of capital, but also entails potentially greater volatility, which results in higher potential downside risk. The American Funds Retirement Income Portfolio – Moderate offers investors an intermediate investment option, seeking greater current income and long-term growth than the Conservative Portfolio, with potentially less volatility and downside risk relative to the Enhanced Portfolio.
Period | FCFWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.1% | -3.4% | 43.2% | 31.47% |
1 Yr | 25.4% | -2.5% | 62.0% | 27.44% |
3 Yr | 5.9%* | -3.9% | 14.3% | 19.29% |
5 Yr | 8.0%* | -2.4% | 17.8% | 48.17% |
10 Yr | N/A* | 1.3% | 11.2% | N/A |
* Annualized
Period | FCFWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.2% | -12.2% | 23.9% | 68.30% |
2022 | -15.7% | -34.7% | 2.8% | 25.77% |
2021 | 10.3% | -11.9% | 18.1% | 16.06% |
2020 | 3.8% | -20.9% | 39.7% | 80.19% |
2019 | 13.1% | 0.8% | 25.7% | 61.17% |
Period | FCFWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.1% | -3.4% | 43.2% | 31.47% |
1 Yr | 25.4% | -2.5% | 62.0% | 27.44% |
3 Yr | 5.9%* | -3.9% | 14.3% | 19.29% |
5 Yr | 8.0%* | -2.4% | 17.8% | 48.17% |
10 Yr | N/A* | 1.3% | 11.2% | N/A |
* Annualized
Period | FCFWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.9% | -12.2% | 26.8% | 73.34% |
2022 | -11.1% | -29.0% | 10.9% | 19.91% |
2021 | 15.1% | -3.0% | 27.3% | 27.12% |
2020 | 7.0% | -19.5% | 40.6% | 85.10% |
2019 | 17.7% | 2.2% | 32.7% | 75.04% |
FCFWX | Category Low | Category High | FCFWX % Rank | |
---|---|---|---|---|
Net Assets | 1.6 B | 789 K | 230 B | 36.91% |
Number of Holdings | 10 | 2 | 16015 | 90.20% |
Net Assets in Top 10 | 1.73 B | 577 K | 69.8 B | 25.36% |
Weighting of Top 10 | 99.93% | 11.0% | 122.7% | 9.94% |
Weighting | Return Low | Return High | FCFWX % Rank | |
---|---|---|---|---|
Stocks | 99.93% | 0.00% | 100.16% | 8.50% |
Convertible Bonds | 0.35% | 0.00% | 23.84% | 73.58% |
Cash | 0.07% | -7.92% | 100.00% | 86.31% |
Preferred Stocks | 0.00% | 0.00% | 23.91% | 68.16% |
Other | 0.00% | -42.55% | 113.97% | 73.20% |
Bonds | 0.00% | 0.00% | 74.58% | 80.55% |
Weighting | Return Low | Return High | FCFWX % Rank | |
---|---|---|---|---|
Technology | 16.05% | 0.00% | 44.21% | 78.60% |
Financial Services | 15.84% | 0.00% | 38.77% | 31.00% |
Healthcare | 13.34% | 0.00% | 29.35% | 61.57% |
Consumer Defense | 10.77% | 0.00% | 15.14% | 6.11% |
Industrials | 8.98% | 0.00% | 24.37% | 74.67% |
Energy | 6.85% | 0.00% | 85.65% | 26.64% |
Consumer Cyclical | 6.55% | 0.00% | 19.36% | 82.68% |
Communication Services | 6.45% | 0.00% | 38.10% | 67.25% |
Utilities | 5.38% | 0.00% | 99.55% | 14.12% |
Real Estate | 5.14% | 0.00% | 65.01% | 25.47% |
Basic Materials | 4.65% | 0.00% | 33.35% | 33.33% |
Weighting | Return Low | Return High | FCFWX % Rank | |
---|---|---|---|---|
US | 99.93% | 0.00% | 100.16% | 8.50% |
Non US | 0.00% | 0.00% | 39.06% | 69.31% |
FCFWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.68% | 0.03% | 17.63% | 78.94% |
Management Fee | 0.00% | 0.00% | 1.83% | 10.44% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 39.71% |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
FCFWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
FCFWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
FCFWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 18.00% | 0.00% | 343.00% | 20.46% |
FCFWX | Category Low | Category High | FCFWX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.39% | 0.00% | 17.90% | 25.46% |
FCFWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
FCFWX | Category Low | Category High | FCFWX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.23% | -2.34% | 19.41% | 12.02% |
FCFWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Date | Amount | Type |
---|---|---|
Sep 26, 2024 | $0.084 | OrdinaryDividend |
Jun 26, 2024 | $0.080 | OrdinaryDividend |
Mar 26, 2024 | $0.071 | OrdinaryDividend |
Dec 28, 2023 | $0.155 | OrdinaryDividend |
Dec 28, 2023 | $0.043 | CapitalGainLongTerm |
Sep 28, 2023 | $0.071 | OrdinaryDividend |
Jun 29, 2023 | $0.076 | OrdinaryDividend |
Mar 30, 2023 | $0.068 | OrdinaryDividend |
Dec 29, 2022 | $0.454 | OrdinaryDividend |
Sep 29, 2022 | $0.065 | OrdinaryDividend |
Jun 29, 2022 | $0.066 | OrdinaryDividend |
Mar 30, 2022 | $0.061 | OrdinaryDividend |
Dec 30, 2021 | $0.403 | OrdinaryDividend |
Sep 29, 2021 | $0.060 | OrdinaryDividend |
Jun 29, 2021 | $0.063 | OrdinaryDividend |
Mar 30, 2021 | $0.060 | OrdinaryDividend |
Dec 23, 2020 | $0.156 | OrdinaryDividend |
Sep 28, 2020 | $0.065 | OrdinaryDividend |
Jun 26, 2020 | $0.068 | OrdinaryDividend |
Mar 27, 2020 | $0.069 | OrdinaryDividend |
Dec 27, 2019 | $0.109 | OrdinaryDividend |
Dec 27, 2019 | $0.173 | CapitalGainLongTerm |
Sep 26, 2019 | $0.069 | OrdinaryDividend |
Jun 26, 2019 | $0.067 | OrdinaryDividend |
Mar 27, 2019 | $0.065 | OrdinaryDividend |
Dec 27, 2018 | $0.111 | OrdinaryDividend |
Dec 27, 2018 | $0.151 | CapitalGainLongTerm |
Sep 26, 2018 | $0.065 | OrdinaryDividend |
Jun 27, 2018 | $0.066 | OrdinaryDividend |
Mar 27, 2018 | $0.063 | OrdinaryDividend |
Dec 27, 2017 | $0.094 | OrdinaryDividend |
Dec 27, 2017 | $0.034 | CapitalGainLongTerm |
Sep 27, 2017 | $0.064 | OrdinaryDividend |
Jun 28, 2017 | $0.061 | OrdinaryDividend |
Mar 29, 2017 | $0.057 | OrdinaryDividend |
Dec 28, 2016 | $0.081 | OrdinaryDividend |
Dec 28, 2016 | $0.038 | CapitalGainLongTerm |
Sep 27, 2016 | $0.062 | OrdinaryDividend |
Jun 28, 2016 | $0.061 | OrdinaryDividend |
Mar 29, 2016 | $0.060 | OrdinaryDividend |
Dec 29, 2015 | $0.071 | OrdinaryDividend |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...