American Funds 2035 Target Date Retirement Fd Cl F-1 (FAQTX)
American Funds 2035 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 $22.45, up 0.13% on the session, giving a market capitalisation of $56.76B. Its beta of 0.98 implies it has historically moved less than the broad market.
This fund seeks a combination of capital appreciation, regular income generation, and preservation of its initial investment. As it approaches and subsequently passes its target date, the fund gradually shifts its holdings, allocating a larger proportion of its assets to fixed income, dividend-paying equity, and diversified balanced funds. Its investment approach involves strategically combining various American Funds with different weightings. These underlying American Funds encompass a broad spectrum of investment styles, including those focused on growth, growth with income, income from equities, balanced portfolios, and fixed income, each designed to achieve distinct financial objectives.
American Funds 2035 Target Date Retirement Fd Cl F-1 is most often compared with the following Financial Services names: