American Funds 2055 Target Date Retirement Fund® Class F-3 (FCJTX)
| Fund Assets | 27.13B |
| Expense Ratio | 0.38% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.92 |
| Dividend Yield | 3.13% |
| Dividend Growth | 55.99% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 29.37 |
| YTD Return | 12.57% |
| 1-Year Return | 18.08% |
| 5-Year Return | 72.13% |
| 52-Week Low | 23.34 |
| 52-Week High | 29.57 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Jan 27, 2017 |
About FCJTX
American Funds 2055 Target Date Retirement Fund F-3 is a target-date mutual fund designed to help investors prepare for retirement around the year 2055. Managed by Capital Research and Management Company, the fund features a diversified, multi-asset portfolio that gradually shifts its allocation from a growth-oriented mix to a more conservative approach as the target date nears. Early in its lifecycle, the fund emphasizes equities—including both U.S. and non-U.S. stocks—with notable allocations to sectors such as information technology, industrials, financials, and health care. As the target date approaches, the fund incrementally increases its exposure to fixed income and income-generating assets, aiming to reduce risk and preserve capital for investors entering retirement. This gradual rebalancing, known as a "glide path," continues for approximately 30 years after the target date, maintaining a balance between growth potential and income needs throughout retirement. The fund provides broad diversification and ongoing professional management, making it a popular choice for long-term retirement planning through employer-sponsored plans or individual investment accounts.
Performance
FCJTX had a total return of 18.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.39%.
Top 10 Holdings
76.81% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Fundamental Investors® Class R-6 | RFNGX | 9.09% |
| American Funds New Perspective Fund® Class R-6 | RNPGX | 8.97% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 8.91% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.99% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 7.85% |
| American Funds New World Fund® Class R-6 | RNWGX | 7.80% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 7.03% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 7.03% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 6.08% |
| American Funds Investment Company of America® Class R-6 | RICGX | 6.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.9225 | Dec 27, 2024 |
| Dec 22, 2023 | $0.5914 | Dec 26, 2023 |
| Dec 23, 2022 | $1.4353 | Dec 27, 2022 |
| Dec 27, 2021 | $1.1718 | Dec 28, 2021 |
| Dec 28, 2020 | $0.763 | Dec 29, 2020 |
| Dec 30, 2019 | $0.8549 | Dec 31, 2019 |