American Funds 2020 Target Date Retirement Fd Cl F-1
FAOTX
NASDAQ- -
USD
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Capital Structure
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in mil. unless spec.Growth Rates
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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 2020 Target Date Retirement Fund Class F-1 (FAOTX) is a target date mutual fund managed by Capital Research and Management Company that seeks growth, income, and conservation of capital by adjusting its asset allocation based on proximity to its 2020 target retirement date; it invests primarily in a diversified portfolio of underlying American Funds, including equity, equity-income, balanced, and fixed income funds. The fund's core holdings as of October 31, 2025, encompass growth funds such as American Mutual Fund (6.0%), Capital World Growth and Income Fund (5.0%), Fundamental Investors (2.8%), and The Investment Company of America (3.0%); growth-and-income funds including Washington Mutual Investors Fund (4.8%); equity-income and balanced funds such as American Balanced Fund (7.8%), American Funds Global Balanced Fund (4.0%), Capital Income Builder (6.0%), and The Income Fund of America (12.2%); and bond funds like American Funds Inflation Linked Bond Fund (8.1%), The Bond Fund of America (8.3%), American Funds Mortgage Fund (6.1%), Intermediate Bond Fund of America (6.4%), American Funds Multi-Sector Income Fund (4.1%), U.S. Government Securities Fund (4.1%), and others, with approximate allocations of 32.8% U.S. equities, 11.3% non-U.S. equities, 44.8% U.S. bonds, and 5.0% non-U.S. bonds. Launched on February 1, 2007, the fund is part of the American Funds Target Date Retirement Series offered by Capital Group Companies, headquartered in Los Angeles, California, and primarily serves U.S. retirement plan participants and individual investors targeting retirement around 2020, with total net assets of approximately $15 billion. In recent developments, Capital Group, the parent entity overseeing American Funds, expanded its strategic partnership with KKR in December 2025 to integrate private credit and private equity into its retirement solutions, including potential enhancements to target date series like FAOTX through new public-private fixed-income funds such as Capital Group KKR Core Plus and Capital Group KKR Multi-Sector, expected to launch in the first half of 2025 pending regulatory approval. The fund maintained a low portfolio turnover of 5% in 2024 and paid annual distributions in December 2024, including a regular income dividend of $0.3671 per share and long-term capital gains of $0.3219 per share. Ongoing management involves a team of investment professionals, with recent additions including Raj Paramaguru and William Robbins in January 2024, ensuring active oversight as the fund glides past its target date toward greater emphasis on income and capital preservation over a 30-year post-target horizon.