American Funds 2030 Target Date Retirement Fd Cl F-1 (FAETX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry.
FAETX has IPO date of 2014-02-24, listed on the NASDAQ, a market capitalization of $51.04B.
American Funds 2030 Target Date Retirement Fund Class F-1 is a target-date fund designed to provide growth, income, and capital preservation for investors planning to retire around 2030. The fund dynamically adjusts its asset allocation by increasing its exposure to fixed income, equity-income, and balanced funds as it approaches and passes its target retirement date. The fund achieves its objectives by investing in a diversified portfolio of American Funds across multiple categories, including growth funds, growth-and-income funds, equity-income funds, balanced funds, and fixed income funds, with weightings that shift over time to align with the fund's glide path strategy.
