- What does FAWTX invest in?
- This fund is designed to pursue a combination of capital appreciation, income generation, and the preservation of principal. As it approaches and eventually passes its target retirement date, the portfolio's allocation typically shifts to emphasize a greater proportion of fixed-income, equity-income, and balanced investment vehicles. The fund manager seeks to accomplish these objectives by strategically investing in a diverse mix of other American Funds, employing various combinations and weightings. These underlying American Funds encompass a wide range of investment categories, such as those focused on growth, growth-and-income, equity income, balanced strategies, and fixed income, each with its own distinct investment goals.
- What is the expense ratio of FAWTX?
- American Funds 2060 Target Date Retirement Fund Class F-1 (FAWTX) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FAWTX?
- American Funds 2060 Target Date Retirement Fund Class F-1 (FAWTX) manages $20.97B 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 FAWTX actively managed or an index fund?
- FAWTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FAWTX launched?
- American Funds 2060 Target Date Retirement Fund Class F-1 (FAWTX) launched in March 2015 and is managed by Capital Group.
- How has FAWTX performed?
- FAWTX'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.
