American Funds 2050 Target Date Retirement Fund Class F-1 (FAITX)
| Fund Assets | 39.43B |
| Expense Ratio | 0.73% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 1.36 |
| Dividend Yield | 5.68% |
| Dividend Growth | 98.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 23.90 |
| YTD Return | 2.57% |
| 1-Year Return | 17.98% |
| 5-Year Return | 52.61% |
| 52-Week Low | 17.41 |
| 52-Week High | 24.21 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Feb 21, 2014 |
About FAITX
American Funds 2050 Target Date Retirement Fund Class F-1 is a diversified target-date mutual fund designed to help investors plan for retirement around the year 2050. The fund’s primary function is to provide a professionally managed, all-in-one portfolio that automatically adjusts its asset allocation over time. At its core, the fund invests across a broad mix of U.S. and international equities, as well as fixed income and cash equivalents, initially emphasizing growth through a higher allocation to stocks. As the target date approaches, the allocation gradually shifts toward more conservative investments, emphasizing income generation and capital preservation by increasing exposure to bonds and equity-income securities. This glide path approach is intended to balance the need for growth in early years with stability in later years, aligning with an investor’s changing risk tolerance as retirement nears. The fund is overseen by Capital Research and Management Company, drawing on deep research and multi-manager expertise to optimize diversification and risk management. It serves as a core retirement solution for individuals seeking an adaptable, hands-off investment that evolves to meet long-term retirement goals.
Performance
FAITX had a total return of 17.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.59%.
Top 10 Holdings
73.38% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective Fund® Class R-6 | RNPGX | 8.60% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 8.02% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 7.79% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 7.78% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 7.20% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.02% |
| American Funds Growth Fund of Amer R6 | RGAGX | 6.99% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 6.99% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 6.98% |
| American Funds New World Fund® Class R-6 | RNWGX | 6.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $1.3588 | Dec 26, 2025 |
| Dec 26, 2024 | $0.6843 | Dec 27, 2024 |
| Dec 22, 2023 | $0.4318 | Dec 26, 2023 |
| Dec 23, 2022 | $1.110 | Dec 27, 2022 |
| Dec 27, 2021 | $0.9017 | Dec 28, 2021 |
| Dec 28, 2020 | $0.5878 | Dec 29, 2020 |