American Funds 2040 Trgt Date Retire F-2 (FBGTX)

Fund Assets	49.89B
Expense Ratio	0.449%
Min. Investment	$250
Turnover	6.00%
Dividend (ttm)	0.27
Dividend Yield	1.09%
Dividend Growth	-15.07%
Payout Frequency	Annual
Ex-Dividend Date	Dec 24, 2025

Previous Close	24.90
YTD Return	7.67%
1-Year Return	10.62%
5-Year Return	51.87%
52-Week Low	21.87
52-Week High	25.56
Beta (5Y)	0.80
Holdings	27
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.

• Fund Family: Capital Group
• Category: Target-Date 2040
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FBGTX
• Share Class: Class F-2
• Index: S&P Target Date 2040 TR

Performance

FBGTX had a total return of 10.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.88%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FCGTX	Class F-3	0.36%
RFGTX	Class R-6	0.36%
REGTX	Class R-5	0.41%
RHGTX	Class R-5e	0.50%

Top 10 Holdings

64.22% of assets

Name	Symbol	Weight
American Funds American Balanced R-6	RLBGX	8.03%
American Funds American Mutual R-6	RMFGX	7.03%
American Funds Cptl Wld Gr&Inc R-6	RWIGX	7.01%
American Funds Fundamental Invs R-6	RFNGX	6.75%
American Funds Growth Fd of Amer R-6	RGAGX	6.73%
American Funds AMCAP R-6	RAFGX	6.70%
American Funds New Perspective R-6	RNPGX	5.83%
American Funds Washington Mutual R-6	RWMGX	5.71%
American Funds SMALLCAP World R-6	RLLGX	5.43%
American Funds US Government Sec R-6	RGVGX	5.00%

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

Data Sources Report a data error