CCLTX

About CCLTX

American Funds 2065 Target Date Retirement Fund Class C is a target-date mutual fund managed by Capital Research and Management Company. Its primary function is to provide a single, diversified investment solution for individuals planning to retire around the year 2065. The fund automatically adjusts its allocation over time: it starts with a higher proportion of equities to pursue long-term growth in the early years and gradually shifts toward fixed income and equity-income assets as the target retirement date approaches. This dynamic structure aims to balance growth, income, and capital preservation needs as investors move closer to retirement. The fund invests in a broad portfolio of underlying American Funds, giving it exposure to a wide array of sectors, including information technology, industrials, financials, consumer discretionary, health care, and more. As of June 2025, its asset allocation is weighted toward U.S. and international equities, with a growing allocation to bonds and cash equivalents as the target date nears. With thousands of holdings and a low portfolio turnover rate, the fund is designed to offer both diversification and active risk management. The Class C shares are structured with an annual operating expense and a relatively low minimum initial investment, making it accessible for long-term retirement savers.