American Funds 2070 Target Date Retirement Fund® Class F-2 (FBAJX)
| Fund Assets | 298.39M |
| Expense Ratio | 0.46% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 1.72% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 14.02 |
| YTD Return | 9.15% |
| 1-Year Return | 22.37% |
| 5-Year Return | n/a |
| 52-Week Low | 11.59 |
| 52-Week High | 14.33 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | May 3, 2024 |
About FBAJX
The American Funds 2070 Target Date Retirement Fund Class F-2 is a mutual fund structured to support long-term retirement goals, with a focus on individuals planning to retire around the year 2070. As part of the broader American Funds Target Date Retirement Series, it features a professionally managed, diversified portfolio that invests across a blend of equities and fixed income securities. The fund's asset allocation is proactively adjusted over time, following a glide path that transitions from higher equity exposure in early years toward more conservative, fixed income holdings as the target retirement date approaches. This design aims to address the evolving risk tolerance and income needs of investors as they near retirement. Notably, the American Funds glide path emphasizes a higher allocation to stocks, particularly dividend-paying equities, compared to some peer funds, to help manage longevity risk and maintain growth potential. Overseen by a committee of experienced investment professionals, the fund leverages extensive global research resources to adapt to changing market conditions and participant needs, making it a significant tool for retirement planning within the mutual fund market.
Performance
FBAJX had a total return of 22.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.83%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTHHX | Fidelity | Fidelity Sustainable Target Date 2065 Fund - Class K6 | 0.29% |
| FTHDX | Fidelity | Fidelity Advisor Sustainable Target Date 2065 Fund - Class Z | 0.39% |
| FTHBX | Fidelity | Fidelity Advisor Sustainable Target Date 2065 Fund - Class I | 0.49% |
| FTGYX | Fidelity | Fidelity Advisor Sustainable Target Date 2065 Fund - Class C | 1.49% |
| FTHGX | Fidelity | Fidelity Sustainable Target Date 2065 Fund - Class K | 0.39% |
Top 10 Holdings
80.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 10.03% |
| American Funds New Perspective Fund® Class R-6 | RNPGX | 10.01% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 8.99% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.99% |
| American Funds New World Fund® Class R-6 | RNWGX | 7.98% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 7.97% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 7.04% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 7.01% |
| American Funds Investment Company of America® Class R-6 | RICGX | 7.00% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 5.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $0.242 | Dec 26, 2025 |
| Dec 26, 2024 | $0.0784 | Dec 27, 2024 |