American Funds 2045 Target Date Retirement Fund (FBHTX)
| Fund Assets | 42.60B |
| Expense Ratio | 0.46% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.76 |
| Dividend Yield | 3.11% |
| Dividend Growth | 49.48% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 24.47 |
| YTD Return | 16.71% |
| 1-Year Return | 18.27% |
| 5-Year Return | 72.79% |
| 52-Week Low | 18.96 |
| 52-Week High | 24.59 |
| Beta (5Y) | n/a |
| Holdings | 24 |
| Inception Date | Feb 21, 2014 |
About FBHTX
The American Funds 2045 Target Date Retirement Fund is a mutual fund designed to assist investors seeking a diversified investment strategy tailored for retirement around the year 2045. This fund primarily aims to achieve growth, income, and conservation of capital, adjusting its asset allocation over time to balance return and stability. It invests in a mix of funds, including growth, growth-and-income, equity-income, balanced, and fixed-income categories. As the fund approaches its target date, it shifts toward more conservative investments such as bonds and equity-income funds. This strategy is intended to provide a prudent way to save for retirement, offering automatic portfolio adjustments that simplify the investment process for participants. The fund plays a significant role in the financial market by providing a comprehensive, hands-off approach to retirement savings.
Performance
FBHTX had a total return of 18.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.08%.
Top 10 Holdings
70.66% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Fundamental Invs R6 | RFNGX | 8.07% |
| American Funds American Balanced R6 | RLBGX | 7.92% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 7.12% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.03% |
| American Funds AMCAP R6 | RAFGX | 7.03% |
| American Funds New Perspective R6 | RNPGX | 7.02% |
| American Funds SMALLCAP World R6 | RLLGX | 6.92% |
| American Funds American Mutual R6 | RMFGX | 6.87% |
| American Funds Washington Mutual R6 | RWMGX | 6.86% |
| American Funds New World R6 | RNWGX | 5.81% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.7604 | Dec 27, 2024 |
| Dec 22, 2023 | $0.5087 | Dec 26, 2023 |
| Dec 23, 2022 | $1.1351 | Dec 27, 2022 |
| Dec 27, 2021 | $1.027 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6461 | Dec 29, 2020 |
| Dec 30, 2019 | $0.7378 | Dec 31, 2019 |