# American Funds 2040 Target Date Retirement Fd Cl F-1 (FAUTX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fautx 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: Thematic · Inception: 2007-02-01 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 encompasse... ## Key Facts | Metric | Value | |---|---| | Price | $24.24 | | Expense Ratio | 0.72% | | Assets Under Management | $52.64B | | NAV | $24.24 | | Holdings Count | 0 | | Distribution Yield (TTM) | 5.60% | | Annual Distribution (TTM) | $1.36 /share | | Distribution Frequency | Annual | | 52-Week Range | $21.67 – $25.30 | | Beta | 1.12 | ## Latest Distribution - Amount: $1.3584 /share - Ex-date: 2025-12-24 - Pay date: 2025-12-26 ## Frequently Asked Questions ### 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 $52.64B 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 February 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. ### Does FAUTX pay a dividend? American Funds 2040 Target Date Retirement Fd Cl F-1 (FAUTX) currently distributes little or no income. Trailing-twelve-month yield is 5.60%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FAUTX pay dividends? American Funds 2040 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 FAUTX's dividend yield? FAUTX's trailing-twelve-month yield is 5.60%, calculated from the sum of dividends over the past year divided by the current price. ### When is FAUTX's next ex-dividend date? The most recently announced ex-dividend date for FAUTX 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 FAUTX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.72% 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 FAUTX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FAUTX'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 FAUTX cost more than a fund like VOO? FAUTX's strategy (current expense ratio 0.72%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FAUTX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FAUTX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FAUTX (0.72%) 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/fautx - Distribution history: https://www.dividenddata.com/funds/fautx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fautx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fautx/expenses - Peer comparison: https://www.dividenddata.com/funds/fautx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.