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.
Fund Family Capital Group
Category Target-Date 2055
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FBJTX
Share Class Class F-2
Index S&P Target Date 2055 TR
FBJTX had a total return of 18.50% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.61%.
