American Funds 2040 Target Date Retirement FundFBGTX
Type
Mutual fund
Peer group
Target-date
Net assets
$52.8B
Expense ratio
0.44%
1-year return
+15.8%
3 years, a year
+17.0%
5 years, a year
+8.6%
Holdings
26
What it aims to do.
Depending on the proximity to its target date, which we define as the year that corresponds roughly to the year in which the investor expects to retire, the fund will seek to achieve the following objectives to varying degrees: growth, income and conservation of capital. The fund will increasingly emphasize income and conservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. In this way, the fund seeks to balance total return and stability over time.
Top 10 holdings.
| Holding | % of fund |
|---|---|
| American Balanced Fund (Ambal) | 8.02% |
| American Mutual Fund (Amf) | 7.04% |
| Capital World Growth & Income Fund | 7.02% |
| Fundamental Investors | 6.71% |
| Growth Fund Of America (The) | 6.67% |
| Amcap Fund | 6.65% |
| New Perspective Fund (Npf) | 5.78% |
| Washington Mutual Investors Fund (Wmif) | 5.73% |
| Smallcap World Fund Inc | 5.41% |
| U S Government Securities Fund (Gvt) | 4.96% |
More on FBGTX.
- FBGTX overview
- FBGTX holdings
- FBGTX risk
- FBGTX costs
- FBGTX money in and out
- FBGTX share classes
- Compare FBGTX with other funds
Returns after fees, from the fund's SEC filings up to Aug 2026. Past returns are not a promise. Not financial advice.