American Funds 2040 Target Date Retirement Fund® Class F-2 (FBGTX)
| Fund Assets | 49.89B |
| Expense Ratio | 0.44% |
| Min. Investment | $250 |
| Turnover | 6.00% |
| Dividend (ttm) | 1.42 |
| Dividend Yield | 6.03% |
| Dividend Growth | 85.67% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 23.52 |
| YTD Return | 2.53% |
| 1-Year Return | 17.55% |
| 5-Year Return | 53.06% |
| 52-Week Low | 17.46 |
| 52-Week High | 23.74 |
| Beta (5Y) | n/a |
| Holdings | 25 |
| Inception Date | Feb 21, 2014 |
About FBGTX
American Funds 2040 Target Date Retirement Fund Class F-2 is a mutual fund designed for investors who intend to retire around the year 2040. The fund’s primary objective is to provide a balanced strategy by dynamically shifting its asset allocation in response to the changing needs of investors as they approach and surpass their target retirement date. At its core, the fund seeks growth, income, and capital preservation by investing in a diversified mix of underlying American Funds, including fixed income, equity-income, and balanced funds. As time progresses, the portfolio increasingly emphasizes income and stability, providing investors with a hands-off approach to retirement planning. With a low expense ratio and a reputation for prudent management, American Funds 2040 Target Date Retirement Fund Class F-2 stands out in the target-date fund universe for its focus on long-term wealth accumulation and risk management. This makes it a prominent choice for investors seeking a single, professionally managed solution to help them navigate the financial journey toward and through retirement.
Performance
FBGTX had a total return of 17.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.98%.
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 | $1.4204 | Dec 26, 2025 |
| Dec 26, 2024 | $0.765 | Dec 27, 2024 |
| Dec 22, 2023 | $0.5068 | Dec 26, 2023 |
| Dec 23, 2022 | $1.0595 | Dec 27, 2022 |
| Dec 27, 2021 | $1.0659 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6459 | Dec 29, 2020 |