INVESTMENTS

7 Capital Group funds win LSEG Lipper Fund Awards

4 of our target date series vintages made the list

OUR WINNING FUNDS

LSEG Lipper Fund Awards U.S. 2025*

Click the name of each fund for more information.

About the award

The LSEG Lipper Fund Awards highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers. Awards are based on the Lipper Leader for Consistent Return rating, a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. Past results are not predictive of results in future periods.

INVESTMENTS & THOUGHT LEADERSHIP

Information for informed decisions

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American Funds Target Date Retirement Series®

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5 things to look for when choosing a target date series

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*Source: LSEG Lipper Fund Awards, awarded March 13, 2025. LSEG Lipper Fund Awards, ©2025 LSEG. All rights reserved. Used under license.

 

Number of funds within each category as of November 30, 2024: Mixed-Asset Target 2035 Fund, 101; Mixed-Asset Target 2040 Fund, 101; Mixed-Asset Target 2045 Fund, 101; Mixed-Asset Target 2050 Fund, 101; Retirement Income Fund, 82 (3 years), 82 (5 years); General U.S. Government Fund, 49; Short U.S. Government Fund, 56.

 

Some funds may be excluded from award consideration if, in the opinion of LSEG Lipper’s Research staff, the portfolio has undergone too many classification changes or changed classifications recently. The calculation periods are through the end of November of the respective evaluation year. Generally, winning funds over three years within the 20 largest classifications per award universe according to assets under management will be awarded a trophy. Where appropriate, only funds domiciled in the respective country will be taken into consideration for determining the largest classifications. All winning groups will be awarded a trophy as well. However, the methodology for awarding physical trophies in various award universes is subject to change based on local market needs and will be communicated on the official winner notifications winners receive. Trophies are only handed out at physical events. All winners receive certificates once award results are public.

 

The currency for the calculation corresponds to the currency of the country for which the awards are calculated and relies on monthly data. Classification averages are calculated with all eligible share classes for each eligible classification. The calculation periods extend over 36, 60, and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over three, five, or 10 years. For a detailed explanation, please review the Lipper Leader Methodology document.

 

American Funds Target Date Retirement Series funds, U.S. Government Securities Fund and Short-Term Bond Fund of America were recognized for their Class R-6 share investments. American Funds Target Date Retirement Series invests in Class R-6 shares of the underlying American Funds. All winning Capital Group funds won certificates. American Funds Retirement Income Portfolio — Enhanced was also awarded a trophy for performance over 3 years.

 

The investment adviser is currently waiving a portion of other expenses for certain funds. Net expense ratios reflect the waiver, without which they would have been higher. The waiver for U.S. Government Securities Fund will be in effect through at least November, 1, 2025. The adviser may elect at its discretion to extend, modify or terminate the waiver at that time. Please see the fund’s most recent prospectus for details.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the mutual fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Investments in mortgage-related securities involve additional risks, such as prepayment risk.
The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional securities, such as stocks and bonds.
Interests in Capital Group's U.S. Government Securities portfolios are not guaranteed by the U.S. government.
Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.
The return of principal for bond portfolios and for portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.
While not directly correlated to changes in interest rates, the values of inflation-linked bonds generally fluctuate in response to changes in real interest rates and may experience greater losses than other debt securities with similar durations.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries.
Smaller company stocks entail additional risks, and they can fluctuate in price more than larger company stocks.
Although the target date portfolios are managed for investors on a projected retirement date time frame, the allocation strategy does not guarantee that investors' retirement goals will be met. Investment professionals manage the portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the target date gets closer. The target date is the year that corresponds roughly to the year in which an investor is assumed to retire and begin taking withdrawals. Investment professionals continue to manage each portfolio for approximately 30 years after it reaches its target date. Payments consisting of return of capital will result in a decrease in an investor's fund share balance. Higher rates of withdrawal and withdrawals during declining markets may result in a more rapid decrease in an investor's fund share balance. Persistent returns of capital could ultimately result in a zero account balance.
Allocations may not achieve investment objectives. The portfolios' risks are related to the risks of the underlying funds as described herein, in proportion to their allocations.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.
Capital Client Group, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.