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American Funds 2060 Target Date Retirement Fund (FAWTX)

18.61
+0.08
+(0.43%)
At close: May 16 at 8:00:38 PM EDT

Investment Information

Min Initial Investment
250
Min Initial Investment, IRA
0.25
Min Initial Investment, AIP
2.5
Min Subsequent Investment
250
Min Subsequent Investment, IRA
0.25
Min Subsequent Investment, AIP
--

Broker Availability

  • Commonwealth Universe
  • Fidelity Advisor 401(k) I Shares
  • ADP Access Open Fund Architecture
  • Pershing Retirement Plan Network
  • Commonwealth (PPS Access Program)
  • Commonwealth (NTF - PPS/Advisory)
  • Commonwealth (PPS/Advisory)
  • ADP Advisor Access 3(21) Tier 0
  • ADP Advisor Access Tier 0
  • ADP SPS 3(38) Tier 0
  • Mid Atlantic Clearing and Settlement
  • UBS Flex

Fund Summary

The fund normally invests a greater portion of its assets in fixed income, equity income and balanced funds as it approaches and passes its target date. The advisor attempts to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds and fixed income funds. The fund categories represent differing investment objectives and strategies.

Fund Overview

Category Target-Date 2060+
Fund Family American Funds
Net Assets 15.16B
YTD Return -1.07%
Yield 0.81%
Morningstar Rating
Inception Date Mar 27, 2015

Performance & Risk

YTD Return 4.67%
5y Average Return 12.46%
Rank in Category (ytd) 81
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.16
Morningstar Risk Rating

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