American Funds 2065 Trgt Date Retire F2 (FBMTX)
| Fund Assets | 5.25B |
| Expense Ratio | 0.48% |
| Min. Investment | $250 |
| Turnover | 4.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 2.43% |
| Dividend Growth | 59.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 19.83 |
| YTD Return | 13.39% |
| 1-Year Return | 16.03% |
| 5-Year Return | 69.65% |
| 52-Week Low | 15.54 |
| 52-Week High | 19.86 |
| Beta (5Y) | n/a |
| Holdings | 17 |
| 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 16.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.74%.
Top 10 Holdings
80.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds New Perspective R6 | RNPGX | 9.99% |
| American Funds SMALLCAP World R6 | RLLGX | 9.99% |
| American Funds Fundamental Invs R6 | RFNGX | 9.00% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 8.00% |
| American Funds Washington Mutual R6 | RWMGX | 8.00% |
| American Funds New World R6 | RNWGX | 7.99% |
| American Funds Growth Fund of Amer R6 | RGAGX | 7.02% |
| American Funds AMCAP R6 | RAFGX | 7.01% |
| American Funds Invmt Co of Amer R6 | RICGX | 7.00% |
| American Funds American Balanced R6 | 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 |