American Funds 2030 Target Date Retirement Fd Cl F-1 (FAETX)
American Funds 2030 Target Date Retirement Fd Cl F-1 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $19.80, up 0.15% on the session, giving a market capitalisation of $52.27B. Its beta of 0.88 implies it has historically moved less than the broad market.
This fund is designed to achieve a blend of capital appreciation, income generation, and the preservation of invested capital. Its investment approach is dynamic, gradually increasing its allocation to more conservative asset classes, specifically fixed income, equity-income, and balanced funds, as it nears and subsequently passes its designated target retirement year. The advisor executes this strategy by constructing a portfolio comprised of various underlying funds from the American Funds family, utilizing diverse combinations and weightings. These underlying American Funds represent a wide array of investment categories, including those focused on growth, growth-and-income, equity-income, balanced strategies, and various fixed income instruments, each selected for its distinct investment objectives.
American Funds 2030 Target Date Retirement Fd Cl F-1 is most often compared with the following Financial Services names: