American Funds 2055 Target Date Retirement Fd Cl F-1

Frequently Asked Questions About FAJTX

What does FAJTX invest in?

This fund dynamically modifies its asset allocation over time, typically dedicating a larger portion of its investments to fixed income, equity-income, and balanced funds as it approaches and eventually passes its designated target date. To achieve its investment goals, the advisor strategically invests in a diverse selection of American Funds, employing distinct combinations and weightings. These underlying American Funds represent a broad spectrum of categories, including growth, growth-and-income, equity-income, balanced, and fixed income portfolios, each characterized by unique objectives and investment strategies.

What is the expense ratio of FAJTX?

American Funds 2055 Target Date Retirement Fd Cl F-1 (FAJTX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FAJTX?

American Funds 2055 Target Date Retirement Fd Cl F-1 (FAJTX) manages $31.27B 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 FAJTX actively managed or an index fund?

FAJTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FAJTX launched?

American Funds 2055 Target Date Retirement Fd Cl F-1 (FAJTX) launched in January 2010 and is managed by Capital Group.

How has FAJTX performed?

FAJTX'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.