American Funds 2050 Target Date Retirement Fund® Class F-1 (FAITX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
21.06
-0.29 (-1.36%)
Oct 31, 2024, 8:00 PM EDT
27.87% (1Y)
| Fund Assets | 34.18B |
| Expense Ratio | 0.74% |
| Min. Investment | $250 |
| Turnover | 1.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 2.02% |
| Dividend Growth | -61.10% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 22, 2023 |
| Previous Close | 21.35 |
| YTD Return | 14.02% |
| 1-Year Return | 27.87% |
| 5-Year Return | 60.06% |
| 52-Week Low | 16.97 |
| 52-Week High | 21.68 |
| Beta (5Y) | 1.21 |
| Holdings | 20 |
| Inception Date | Feb 24, 2014 |
About FAITX
The investment seeks growth, income and conservation of capital. The fund normally invests a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. The advisor attempts to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives.
Fund Family American Funds
Category Target-Date 2050
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAITX
Index S&P Target Date 2050 TR
Performance
FAITX had a total return of 27.87% in the past year. Since the fund's inception, the average annual return has been 8.81%, including dividends.
Top 10 Holdings
73.83% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective Fund® Class R-6 | RNPGX | 8.99% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 8.07% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 8.03% |
| American Funds Washington Mutual R6 | RWMGX | 8.00% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.29% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 7.07% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 7.04% |
| American Funds AMCAP R6 | RAFGX | 7.00% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 6.82% |
| American Funds New World R6 | RNWGX | 5.54% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 30, 2019 | $0.6743 | Dec 31, 2019 |
| Dec 28, 2018 | $0.6514 | Dec 31, 2018 |