American Funds 2040 Target Date Retirement Fund Class F-1 (FAUTX)
| Fund Assets | 49.89B |
| Expense Ratio | 0.72% |
| Min. Investment | $250 |
| Turnover | 6.00% |
| Dividend (ttm) | 1.36 |
| Dividend Yield | 5.82% |
| Dividend Growth | 91.03% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 23.31 |
| YTD Return | 2.50% |
| 1-Year Return | 17.20% |
| 5-Year Return | 50.99% |
| 52-Week Low | 17.35 |
| 52-Week High | 23.53 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Feb 21, 2014 |
About FAUTX
American Funds 2040 Target Date Retirement Fund Class F-1 is a mutual fund designed to help investors plan for retirement around the year 2040. This fund provides a diversified portfolio managed by Capital Research and Management Company, utilizing a mix of American Funds to balance growth, income, and capital preservation. Its investment strategy dynamically shifts over time: early on, it emphasizes growth by allocating a higher weight to equities, while gradually increasing allocations to fixed income and equity-income assets as the target retirement date approaches. This evolution aims to reduce risk and provide more stability for investors nearing or in retirement. The fund’s holdings include a broad range of U.S. and international equities, as well as bonds and cash equivalents, with notable sector exposure to information technology, financials, and health care. It is suitable for investors seeking a single, professionally managed retirement solution that automatically adjusts its asset mix in line with a typical retirement timeline. The fund is designed to maintain diversified exposure even beyond the target date, supporting long-term retirement objectives and adapting to changing financial needs.
Performance
FAUTX had a total return of 17.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.41%.
Top 10 Holdings
65.88% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced Fund® Class R-6 | RLBGX | 8.25% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.16% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 6.97% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 6.96% |
| American Funds Growth Fund of Amer R6 | RGAGX | 6.87% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 6.87% |
| American Funds New Perspective Fund® Class R-6 | RNPGX | 6.32% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 5.93% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 5.70% |
| American Funds U.S. Government Securities Fund® Class R-6 | RGVGX | 4.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $1.3584 | Dec 26, 2025 |
| Dec 26, 2024 | $0.7111 | Dec 27, 2024 |
| Dec 22, 2023 | $0.4589 | Dec 26, 2023 |
| Dec 23, 2022 | $1.0097 | Dec 27, 2022 |
| Dec 27, 2021 | $1.0127 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6071 | Dec 29, 2020 |