About FAJTX
American Funds 2055 Target Date Retirement Fund Class F-1 is a target-date mutual fund designed for individuals planning to retire around the year 2055. Its primary function is to provide a diversified, professionally managed investment solution that automatically adjusts its asset allocation over time. Early on, the fund emphasizes growth by allocating a significant portion to both U.S. and international equities. As it approaches and surpasses its target retirement date, the fund progressively increases its allocation to fixed income, equity-income, and balanced funds, aiming to enhance income and preserve capital as investors near retirement. The portfolio is constructed using a mix of underlying American Funds, providing broad exposure across sectors like information technology, industrials, financials, health care, consumer discretionary, and others. Managed by Capital Research and Management Company, the fund seeks to balance long-term return and stability, serving as a comprehensive retirement savings vehicle that evolves with an investor’s career and life stage.
Fund Family Capital Group
Category Target-Date 2055
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAJTX
Share Class Class F-1
Index S&P Target Date 2055 TR
FAJTX had a total return of 19.01% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.28%.
