# American Funds Retirement Income Portfolio - Moderate Class F-1 (FBFWX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fbfwx 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: 2015-08-28 This fund's manager actively oversees a diversified portfolio of American Funds, strategically adjusting the allocation and weighting of its underlying components over time to achieve its investment objectives. These constituent funds primarily focus on generating income and typically include a blend of equity-income, fixed-income, and balanced investment strategies. As one of three distinct American Funds Retirement Income Portfolios, it is specifically crafted to support individuals approaching or in retirement who require a structured withdrawal program. ## Key Facts | Metric | Value | |---|---| | Price | $14.16 | | Expense Ratio | 0.65% | | Assets Under Management | $1.71B | | NAV | $14.16 | | Holdings Count | 0 | | Distribution Yield (TTM) | 5.56% | | Annual Distribution (TTM) | $0.79 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $13.41 – $14.54 | | Beta | 0.79 | ## Latest Distribution - Amount: $0.0937 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does FBFWX invest in? This fund's manager actively oversees a diversified portfolio of American Funds, strategically adjusting the allocation and weighting of its underlying components over time to achieve its investment objectives. These constituent funds primarily focus on generating income and typically include a blend of equity-income, fixed-income, and balanced investment strategies. As one of three distinct American Funds Retirement Income Portfolios, it is specifically crafted to support individuals approaching or in retirement who require a structured withdrawal program. ### What is the expense ratio of FBFWX? American Funds Retirement Income Portfolio - Moderate Class F-1 (FBFWX) charges an expense ratio of 0.65%. This is the annual fee deducted from fund assets to cover management and operations. ### What is FBFWX's dividend yield? FBFWX's trailing-twelve-month yield is 5.56%, calculated from the sum of dividends over the past year divided by the current price. ### How big is FBFWX? American Funds Retirement Income Portfolio - Moderate Class F-1 (FBFWX) manages $1.71B 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 FBFWX actively managed or an index fund? FBFWX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FBFWX's is 0.65%) in exchange for the discretion to over- or under-weight positions. ### When was FBFWX launched? American Funds Retirement Income Portfolio - Moderate Class F-1 (FBFWX) launched in August 2015 and is managed by Capital Group. ### Does FBFWX pay a dividend? Yes, American Funds Retirement Income Portfolio - Moderate Class F-1 (FBFWX) distributes dividends to shareholders. The trailing-twelve-month yield is 5.56%. Full dividend history is on this page. ### How often does FBFWX pay dividends? American Funds Retirement Income Portfolio - Moderate Class F-1 pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is FBFWX's next ex-dividend date? The most recently announced ex-dividend date for FBFWX was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FBFWX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.65% 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 FBFWX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FBFWX'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 FBFWX cost more than a fund like VOO? FBFWX is actively managed (current expense ratio 0.65%). 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 FBFWX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to FBFWX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FBFWX (0.65%) 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/fbfwx - Distribution history: https://www.dividenddata.com/funds/fbfwx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fbfwx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fbfwx/expenses - Peer comparison: https://www.dividenddata.com/funds/fbfwx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.