American Funds 2035 Target Date Retirement Fund® Class F-3 (FDFTX)
| Fund Assets | 51.57B |
| Expense Ratio | 0.35% |
| Min. Investment | $250 |
| Turnover | 7.00% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 4.15% |
| Dividend Growth | 68.96% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 26, 2024 |
| Previous Close | 20.95 |
| YTD Return | 10.29% |
| 1-Year Return | 14.54% |
| 5-Year Return | 60.11% |
| 52-Week Low | 17.71 |
| 52-Week High | 21.04 |
| Beta (5Y) | n/a |
| Holdings | 26 |
| Inception Date | Jan 27, 2017 |
About FDFTX
The American Funds 2035 Target Date Retirement Fund F-3 is a mutual fund designed primarily for investors planning to retire around the year 2035. As a target-date fund, its investment strategy automatically shifts over time—beginning with a focus on capital growth through a diversified allocation of equities, and gradually increasing its exposure to fixed income and more conservative assets as the target retirement year approaches. This fund dynamically adjusts its mix, aiming to provide a balance of growth, income, and capital preservation tailored to an investor’s evolving risk profile as retirement nears. The portfolio invests broadly across both U.S. and international equities and bonds, allocating significant portions to sectors such as information technology, industrials, and financials, as well as fixed income securities. Management regularly reviews and rebalances the asset mix in response to market and economic changes, ensuring alignment with the fund’s objectives. With a high performance rating and below-average risk relative to its category, the fund plays a key role in retirement planning by offering a streamlined, professionally managed solution that simplifies long-term savings for individuals targeting retirement near 2035.
Performance
FDFTX had a total return of 14.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.17%.
Top 10 Holdings
59.79% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds American Balanced Fund® Class R-6 | RLBGX | 8.09% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 7.09% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 7.03% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 6.09% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 5.89% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 5.80% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 5.10% |
| American Funds Global Balanced Fund Class R-6 | RGBGX | 4.97% |
| American Funds Inflation Linked Bond Fund Class R-6 | RILFX | 4.91% |
| American Funds Mortgage Fund® Class R-6 | RMAGX | 4.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2024 | $0.8683 | Dec 27, 2024 |
| Dec 22, 2023 | $0.5139 | Dec 26, 2023 |
| Dec 23, 2022 | $0.894 | Dec 27, 2022 |
| Dec 27, 2021 | $1.0855 | Dec 28, 2021 |
| Dec 28, 2020 | $0.6822 | Dec 29, 2020 |
| Dec 30, 2019 | $0.714 | Dec 31, 2019 |