- What does FAATX invest in?
- This investment vehicle strives for long-term capital appreciation, consistent income generation, and the preservation of its principal. Beyond its stated target date, the fund typically increases its exposure to fixed income, equity-income, and balanced investment strategies. The advisor endeavors to meet these financial goals by constructing a portfolio from a diverse array of American Funds, employing varying allocations and specific emphases. These underlying American Funds encompass a range of fund types, such as those focused on growth-and-income, equity-income, balanced strategies, and fixed income instruments. Each of these varied fund types is selected to address distinct investment objectives.
- What is the expense ratio of FAATX?
- American Funds 2010 Target Date Retirement Fd Cl F-1 (FAATX) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FAATX?
- American Funds 2010 Target Date Retirement Fd Cl F-1 (FAATX) manages $3.74B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FAATX actively managed or an index fund?
- FAATX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FAATX launched?
- American Funds 2010 Target Date Retirement Fd Cl F-1 (FAATX) launched in February 2014 and is managed by Capital Group.
- How has FAATX performed?
- FAATX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
