American Funds 2020 Target Date Retirement Fd Cl F-1 (FAOTX)
American Funds 2020 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 $14.88, up 0.07% on the session, giving a market capitalisation of $14.10B. On trailing twelve-month figures it carries a trailing P/E of 13.78, a net margin of 2.5%. Its beta of 0.74 implies it has historically moved less than the broad market.
This investment vehicle aims for capital appreciation, income generation, and the preservation of principal. The fund's strategy involves allocating its assets across a diverse array of underlying American Funds, with specific combinations and weightings determined by the advisor to meet these objectives. These underlying holdings encompass various investment categories, including growth, growth-and-income, equity-income, balanced, and fixed income funds, each designed with distinct goals. A key feature is the increased allocation towards fixed income, equity-income, and balanced funds as the fund advances beyond its designated target retirement year.
American Funds 2020 Target Date Retirement Fd Cl F-1 is most often compared with the following Financial Services names: