American Funds 2035 Target Date Retirement Fund® Class R-2E (RBEFX)

American Funds 2035 Target Date Retirement Fund is a target-date investment fund designed for investors expecting to retire around 2035. The fund pursues growth, income, and capital conservation objectives through a diversified portfolio allocation of approximately 48% U.S. equities, 17% non-U.S. equities, 27% U.S. bonds, 3% non-U.S. bonds, and 5% cash equivalents. As the fund approaches its 2035 target date, it progressively shifts toward fixed-income investments and equity-income strategies to emphasize stability and income generation. The fund holds over 3,600 underlying company and bond issuers, offering broad market exposure across sectors including technology, financials, industrials, and healthcare. With a relatively low portfolio turnover rate, the fund employs a buy-and-hold strategy to manage costs efficiently. American Funds 2035 Target Date Retirement Fund continues to serve retirement savers with professional management and consistent performance, making it suitable for investors seeking a simplified, all-in-one retirement savings vehicle that automatically adjusts its risk profile as retirement approaches.