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.
Fund Family Capital Group
Category Target-Date 2065+
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol FBMTX
Share Class Class F-2
Index S&P Target Date 2065+ TR
FBMTX had a total return of 29.17% in the past year, including dividends.
Since the fund's inception, the average annual return has been 16.07%.
