American Funds 2065 Trgt Date Retire F2 (FBMTX)
| Fund Assets | 4.77B |
| Expense Ratio | 0.48% |
| Min. Investment | $250 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 2.45% |
| Dividend Growth | 59.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 19.33 |
| YTD Return | 11.39% |
| 1-Year Return | 16.72% |
| 5-Year Return | 76.44% |
| 52-Week Low | 15.54 |
| 52-Week High | 19.46 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Mar 27, 2020 |
About FBMTX
The American Funds 2065 Target Date Retirement Fund Class F-2 is a diversified mutual fund specifically structured for investors targeting retirement around the year 2065. Its primary function is to provide a turnkey solution for retirement planning by automatically adjusting its asset allocation over time. Early in its lifecycle, the fund emphasizes growth through a higher allocation to equities—currently, this includes a significant exposure to U.S. and non-U.S. stocks across multiple sectors such as information technology, industrials, financials, and healthcare. As the target date nears, the fund gradually shifts toward greater allocations in fixed income, equity-income, and balanced funds, prioritizing capital preservation and income generation. This glide path approach aims to balance total return and stability, making it suitable for long-term retirement savers. Managed by Capital Research and Management Company, the fund leverages extensive research and risk management expertise. With a broad portfolio of underlying holdings, the fund offers diversification and the convenience of a single investment designed to meet evolving investor needs through different life stages.
Performance
FBMTX had a total return of 16.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.78%.
Top 10 Holdings
80.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective Fund® Class R-6 | RNPGX | 10.02% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 9.97% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 8.99% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 8.01% |
| American Funds New World Fund® Class R-6 | RNWGX | 7.99% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.99% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 7.04% |
| American Funds Investment Company of America® Class R-6 | RICGX | 7.00% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 6.99% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 6.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.4772 | Dec 27, 2024 |
| Dec 22, 2023 | $0.2988 | Dec 26, 2023 |
| Dec 23, 2022 | $0.5071 | Dec 27, 2022 |
| Dec 27, 2021 | $0.2539 | Dec 28, 2021 |
| Dec 28, 2020 | $0.1023 | Dec 29, 2020 |