American Funds 2055 Target Date Retirement Fd Cl F-1 (FAJTX)
American Funds 2055 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 $33.13, up 0.27% on the session, giving a market capitalisation of $31.97B. Its beta of 1.23 implies it has historically moved more than the broad market.
This fund dynamically modifies its asset allocation over time, typically dedicating a larger portion of its investments to fixed income, equity-income, and balanced funds as it approaches and eventually passes its designated target date. To achieve its investment goals, the advisor strategically invests in a diverse selection of American Funds, employing distinct combinations and weightings. These underlying American Funds represent a broad spectrum of categories, including growth, growth-and-income, equity-income, balanced, and fixed income portfolios, each characterized by unique objectives and investment strategies.
American Funds 2055 Target Date Retirement Fd Cl F-1 is most often compared with the following Financial Services names: