# American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/faktx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Capital Group · Asset class: Series - Strategy: Actively Managed · Inception: 2007-02-01 This fund aims for a triple objective: capital appreciation, consistent income generation, and the safeguarding of initial capital. Following its target date, the fund typically allocates a greater proportion of its holdings to fixed income, equity-income, and balanced portfolios. The advisor pursues these aims by strategically investing in a diverse array of American Funds, utilizing various combinations and weightings. These underlying American Funds encompass a spectrum of categories, such as growth-and-income, equity-income, balanced, and fixed-income funds. Each of these categories is... ## Key Facts | Metric | Value | |---|---| | Price | $13.26 | | Expense Ratio | 0.66% | | Assets Under Management | $4.22B | | NAV | $13.26 | | Holdings Count | 0 | | Distribution Yield (TTM) | 7.27% | | Annual Distribution (TTM) | $0.96 /share | | Distribution Frequency | Annual | | 52-Week Range | $12.56 – $13.71 | | Beta | 0.69 | ## Latest Distribution - Amount: $0.9637 /share - Ex-date: 2025-12-24 - Pay date: 2025-12-26 ## Frequently Asked Questions ### What does FAKTX invest in? This fund aims for a triple objective: capital appreciation, consistent income generation, and the safeguarding of initial capital. Following its target date, the fund typically allocates a greater proportion of its holdings to fixed income, equity-income, and balanced portfolios. The advisor pursues these aims by strategically investing in a diverse array of American Funds, utilizing various combinations and weightings. These underlying American Funds encompass a spectrum of categories, such as growth-and-income, equity-income, balanced, and fixed-income funds. Each of these categories is designed to achieve distinct investment objectives. ### What is the expense ratio of FAKTX? American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FAKTX? American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) manages $4.22B 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 FAKTX actively managed or an index fund? FAKTX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FAKTX's is 0.66%) in exchange for the discretion to over- or under-weight positions. ### When was FAKTX launched? American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) launched in February 2007 and is managed by Capital Group. ### How has FAKTX performed? FAKTX'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. ### Does FAKTX pay a dividend? American Funds 2015 Target Date Retirement Fd Cl F-1 (FAKTX) currently distributes little or no income. Trailing-twelve-month yield is 7.27%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FAKTX pay dividends? American Funds 2015 Target Date Retirement Fd Cl F-1 pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FAKTX's dividend yield? FAKTX's trailing-twelve-month yield is 7.27%, calculated from the sum of dividends over the past year divided by the current price. ### When is FAKTX's next ex-dividend date? The most recently announced ex-dividend date for FAKTX was 2025-12-24. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FAKTX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.66% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FAKTX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FAKTX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FAKTX cost more than a fund like VOO? FAKTX is actively managed (current expense ratio 0.66%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether FAKTX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FAKTX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FAKTX (0.66%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/faktx - Distribution history: https://www.dividenddata.com/funds/faktx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/faktx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/faktx/expenses - Peer comparison: https://www.dividenddata.com/funds/faktx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.