American Funds 2010 Target Date Retirement Fd Cl F-1
FAATX
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USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- American Funds Target Date Retiremt Ser DE United States of America
- IPO Date
- Feb 24, 2014
- CIK
- 0001380175
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds 2010 Target Date Retirement Fd Cl F-1 (FAATX) is a target-date mutual fund offered by Capital Group Companies, Inc., that provides a diversified portfolio designed for investors planning to retire around 2010. The fund follows a glide path strategy that gradually shifts its asset allocation from growth-oriented investments to more conservative ones as the target date approaches and beyond; this includes a mix of equity securities, fixed-income instruments, and alternative assets across domestic and international markets. Core holdings encompass large-cap and mid-cap U.S. stocks, international equities from developed and emerging markets, investment-grade and high-yield bonds, inflation-linked securities, and real estate investment trusts, managed through a multiple-manager approach utilizing proprietary research from Capital Group's investment professionals. The fund operates within the retirement savings industry, targeting individual investors, retirement plan participants, and institutional clients seeking automated asset allocation for long-term goals; it is available through various share classes including F-1 for financial intermediaries with certain fee structures. Capital Group, founded in 1931 and headquartered in Los Angeles, California, manages the fund as part of its American Funds family, which includes over 20 mutual funds and related products distributed primarily in the United States, Canada, and select international markets through subsidiaries like Capital International. Geographically, the fund invests globally, with significant exposure to North America, Europe, Asia-Pacific, and emerging economies. Recent developments include enhancements to the fund's glide path in 2023 to incorporate more flexible income strategies post-retirement, reflecting Capital Group's strategic shift toward improved decumulation phases amid evolving interest rate environments; additionally, in 2024, Capital Group announced expanded sustainable investing options across target-date series, integrating ESG factors without sacrificing returns, and formed alliances with technology platforms for enhanced retirement plan integration. No major acquisitions or name changes have occurred for FAATX in the last two years, though Capital Group completed the integration of its model portfolio business with advanced digital tools in early 2025 to support advisor customization. These changes align with broader industry trends toward personalization and risk management in target-date products.