- What does FAUTX invest in?
- This fund aims to accomplish three main goals: achieving capital appreciation, producing regular income, and safeguarding its principal. Its investment approach adjusts over time; specifically, as the fund approaches and then passes its target retirement date, it increasingly allocates a larger portion of its portfolio to fixed income, equity-income, and balanced strategies. To fulfill these objectives, the fund's manager strategically builds a diversified portfolio from various American Funds, utilizing different mixtures and weightings. This foundational group of American Funds encompasses a wide array of investment styles, including those focused on pure growth, growth with income, equity income, balanced portfolios, and fixed income instruments. Each of these distinct fund categories is characterized by its own particular set of investment aims.
- What is the expense ratio of FAUTX?
- American Funds 2040 Target Date Retirement Fd Cl F-1 (FAUTX) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FAUTX?
- American Funds 2040 Target Date Retirement Fd Cl F-1 (FAUTX) manages $53.30B 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 FAUTX actively managed or an index fund?
- FAUTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FAUTX launched?
- American Funds 2040 Target Date Retirement Fd Cl F-1 (FAUTX) launched in January 2007 and is managed by Capital Group.
- How has FAUTX performed?
- FAUTX'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.
