U.S. markets close in 6 hours 8 minutes

American Funds 2045 Target Date Retirement Fund (FATTX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
17.38+0.01 (+0.06%)
As of 08:05AM EDT. Market open.

American Funds 2045 Target Date Retirement Fund

Los Angeles, CA 90071

333 South Hope Street

American Funds Target Date Retiremt Ser

(213) 486-9200
Management Information
David A. Hoag,Lead Manager since December 31, 2019
David A. Hoag is a fixed income portfolio manager at Capital Group. He also serves on the Fixed Income Management Committee and the Target Date Solutions Committee. Earlier in his career, as a fixed income investment analyst at Capital, he covered municipal bonds. He holds an MBA in finance from the University of Chicago Booth School of Business and a bachelor's degree in economics and business from Wheaton College, Illinois. David is based in Los Angeles.
Morningstar Style Box
Yahoo partners with Morningstar a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryTarget-Date 2045
Fund FamilyAmerican Funds
Net Assets28.1B
YTD Return8.08%
Morningstar Rating★★★★
Inception DateJan 31, 2007

Fund Operations

Last Dividend0.13
Last Cap Gain3.00
Holdings Turnover15.00%
Average for CategoryN/A

Fees & Expenses

ExpenseFATTXCategory Average
Annual Report Expense Ratio (net)1.02%0.45%
Prospectus Net Expense Ratio1.02%N/A
Prospectus Gross Expense Ratio1.02%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A5.35%
Max Deferred Sales LoadN/A1.50%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A