American Funds 2035 Target Date Retirement Fund (FBFTX)
| Fund Assets | 52.60B |
| Expense Ratio | 0.44% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 3.95% |
| Dividend Growth | 70.70% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 21.48 |
| YTD Return | 14.16% |
| 1-Year Return | 14.63% |
| 5-Year Return | 61.51% |
| 52-Week Low | 17.67 |
| 52-Week High | 21.64 |
| Beta (5Y) | n/a |
| Holdings | 26 |
| Inception Date | Feb 21, 2014 |
About FBFTX
American Funds 2035 Target Date Retirement Fund Class F-2 is a multi-asset mutual fund designed for investors planning to retire around the year 2035. As part of a target date retirement series, its primary purpose is to offer a professionally managed, diversified investment that dynamically adjusts its allocation as the retirement year approaches. The fund is structured to prioritize capital growth in its early years, with significant exposure to U.S. and international equities. As it nears its target date, the portfolio increasingly emphasizes income generation and capital preservation by shifting assets toward fixed income, equity-income, and balanced strategies. This fund invests in a selection of underlying American Funds, spanning a variety of sectors including information technology, industrials, financials, and health care. The gradual transition from growth-oriented to more conservative asset classes supports investors through both the accumulation and withdrawal phases of retirement planning. Managed by Capital Research and Management Company, the fund leverages the expertise of one of the industry’s most established investment management firms. Its design and management make it a prominent choice within the target-date mutual fund category for retirement-focused investors seeking a single-fund solution that evolves over time to meet their changing risk tolerance and income needs.
Performance
FBFTX had a total return of 14.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.17%.
Top 10 Holdings
59.79% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced R6 | RLBGX | 8.09% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.09% |
| American Funds American Mutual R6 | RMFGX | 7.03% |
| American Funds AMCAP R6 | RAFGX | 6.09% |
| American Funds Growth Fund of Amer R6 | RGAGX | 5.89% |
| American Funds Fundamental Invs R6 | RFNGX | 5.80% |
| American Funds Washington Mutual R6 | RWMGX | 5.10% |
| American Funds Global Balanced R6 | RGBGX | 4.97% |
| American Funds Inflation Linked Bd R6 | RILFX | 4.91% |
| American Funds Mortgage R6 | RMAGX | 4.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.8523 | Dec 27, 2024 |
| Dec 22, 2023 | $0.4993 | Dec 26, 2023 |
| Dec 23, 2022 | $0.8794 | Dec 27, 2022 |
| Dec 27, 2021 | $1.0705 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6697 | Dec 29, 2020 |
| Dec 30, 2019 | $0.7021 | Dec 31, 2019 |