American Funds 2040 Target Date Retirement Fund (FBGTX)
| Fund Assets | 48.14B |
| Expense Ratio | 0.46% |
| Min. Investment | $250 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 3.34% |
| Dividend Growth | 50.95% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 22.88 |
| YTD Return | 12.30% |
| 1-Year Return | 14.58% |
| 5-Year Return | 66.61% |
| 52-Week Low | 18.54 |
| 52-Week High | 23.07 |
| 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 14.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.62%.
Top 10 Holdings
66.42% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced R6 | RLBGX | 7.99% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.15% |
| American Funds Fundamental Invs R6 | RFNGX | 7.07% |
| American Funds Growth Fund of Amer R6 | RGAGX | 6.98% |
| American Funds AMCAP R6 | RAFGX | 6.98% |
| American Funds American Mutual R6 | RMFGX | 6.91% |
| American Funds New Perspective R6 | RNPGX | 6.66% |
| American Funds Washington Mutual R6 | RWMGX | 5.94% |
| American Funds SMALLCAP World R6 | RLLGX | 5.87% |
| American Funds US Government Sec R6 | RGVGX | 4.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 30, 2019 | $0.7344 | Dec 31, 2019 |