About FAUTX
This fund aims to accomplish three main goals: achieving capital appreciation, producing regular income, and safeguarding its principal. Its investment approach adjusts over time; specifically, as the fund approaches and then passes its target retirement date, it increasingly allocates a larger portion of its portfolio to fixed income, equity-income, and balanced strategies. To fulfill these objectives, the fund's manager strategically builds a diversified portfolio from various American Funds, utilizing different mixtures and weightings. This foundational group of American Funds encompasses a wide array of investment styles, including those focused on pure growth, growth with income, equity income, balanced portfolios, and fixed income instruments. Each of these distinct fund categories is characterized by its own particular set of investment aims.
Fund Family Capital Group
Category Target-Date 2040
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FAUTX
Share Class Class F-1
Index S&P Target Date 2040 TR
FAUTX had a total return of 16.48% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.91%.
