American Funds 2055 Target Date Retirement Fund® Class F-2 (FBJTX)
| Fund Assets | 25.81B |
| Expense Ratio | 0.47% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.90 |
| Dividend Yield | 3.12% |
| Dividend Growth | 57.09% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 28.81 |
| YTD Return | 10.64% |
| 1-Year Return | 16.34% |
| 5-Year Return | 76.16% |
| 52-Week Low | 23.29 |
| 52-Week High | 28.91 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Feb 21, 2014 |
About FBJTX
The American Funds 2055 Target Date Retirement Fund Class F-2 is a target-date mutual fund designed for individuals planning to retire around the year 2055. Its primary function is to provide a diversified, professionally managed investment solution that automatically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes growth by allocating a higher proportion of assets to equities. As the fund approaches its target retirement date, it strategically shifts toward income and capital preservation, increasing holdings in fixed income, equity-income, and balanced funds. This fund pools investments across a collection of underlying American Funds, leveraging broad exposure to domestic and international equities, as well as bonds and other fixed income instruments. Managed by Capital Research and Management Company, the fund aims to balance long-term growth potential with risk management, catering to changing investor needs as retirement nears. With substantial assets under management and a low expense ratio, it serves as a core retirement savings vehicle for individuals seeking a “set-and-forget” approach tailored to a specific retirement horizon.
Performance
FBJTX had a total return of 16.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.80%.
Top 10 Holdings
76.75% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective Fund® Class R-6 | RNPGX | 9.07% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 8.96% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 8.92% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.95% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 7.93% |
| American Funds New World Fund® Class R-6 | RNWGX | 7.87% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 7.02% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 6.95% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 6.04% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 6.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.9009 | Dec 27, 2024 |
| Dec 22, 2023 | $0.5735 | Dec 26, 2023 |
| Dec 23, 2022 | $1.4168 | Dec 27, 2022 |
| Dec 27, 2021 | $1.1528 | Dec 28, 2021 |
| Dec 28, 2020 | $0.7477 | Dec 29, 2020 |
| Dec 30, 2019 | $0.8415 | Dec 31, 2019 |