American Funds 2040 Target Date Retirement Fd Cl F-1

FAUTX · NASDAQ

Market closed$24.41$-0.200000 (-0.81%)

Key statistics

Previous close$24.61
Open$24.41
Day high$24.41
Day low$24.41
52-week high$24.89
52-week low$21.67
Market cap53.61B
Volume
Average volume
P/E ratio25.59
Forward P/E
EPS0.95
Dividend yield0.00%

Market context

Why it moved

FAUTX edged lower amid broad market uncertainty driven by ongoing concerns over the economic impact of tariffs, with no fund-specific catalysts identified and zero trading volume suggesting the price decline reflects a routine net asset value adjustment rather than active selling pressure.

What is happening

Recent company-specific developments and publisher coverage.

July 17, 2026American Funds 2040 Target Date Retirement Fund Cl F-1 edged modestly lower as the broader S&P 500 navigated intraday volatility, even as the financial services sector showed resilience near 52-week highs. The fund's equity-heavy allocation toward a 2040 retirement horizon is benefiting from a standout Q2 earnings season for financial stocks, with major asset managers like BlackRock posting record results and Wall Street banks reporting earnings growth of 20–45%. However, Morningstar noted financial services slightly underperformed the broader market in Q2 amid lingering concerns over AI disruption and private credit pressures, providing a modest headwind to sentiment.

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July 15, 2026American Funds 2040 Target Date Retirement Fund Cl F-1 edged higher, closing near its 52-week high, buoyed by a broadly constructive backdrop for financial services. Asset management peers rallied sharply after BlackRock beat Q2 estimates with record iShares inflows surpassing $6 trillion in AUM, while Wall Street banks including Goldman Sachs and Morgan Stanley posted blowout earnings driven by surging trading revenue and a dealmaking boom. A softer-than-expected June CPI report also lifted risk sentiment, reinforcing the fund's equity-heavy 2040-horizon allocation as investors weigh AI-driven growth optimism against persistent inflation and geopolitical risks from the U.S.-Iran conflict.

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July 8, 2026American Funds 2040 Target Date Retirement Fund Cl F-1 declined amid a broad risk-off session, as escalating U.S.-Iran tensions rattled global markets after President Trump declared the interim peace agreement 'over,' sending oil prices surging over 5% and triggering a selloff across equities. The fund's diversified equity-heavy allocation—typical for a 2040 target-date vehicle—faced headwinds as the S&P 500 retreated and the financial services sector (XLF) also pulled back, with rising Treasury yields and inflation concerns from spiking crude prices adding pressure to growth-oriented multi-asset portfolios.

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July 2, 2026American Funds 2040 Target Date Retirement Fund Cl F-1 edged lower alongside a cautious broader market, as investors weighed a key U.S. jobs report and hawkish Fed signals. The finance sector posted strong Q2 gains — up 10.9% — though asset management peers broadly declined post-earnings, and rising rate expectations under Fed Chair Kevin Warsh have shifted sentiment away from risk assets, pressuring target-date fund valuations heading into the second half.

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June 29, 2026American Funds 2040 Target Date Retirement Fund Cl F-1 (FAUTX) is holding essentially flat in pre-market as broader risk sentiment improves following reports that the U.S. and Iran agreed to halt tit-for-tat strikes in the Strait of Hormuz, lifting S&P 500 futures ~0.5% and the financial sector ETF (XLF) up 0.30% in pre-market trading. The fund, which allocates broadly across equities with a 2040 retirement horizon, faces a mixed backdrop: last week's tech-led selloff—Nasdaq down 4.5% with Magnificent Seven names off over 5%—weighed on growth-oriented target-date funds, while falling oil prices and easing geopolitical tensions are supporting a rotation into broader market exposure heading into a data-heavy week including the June jobs report.

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June 24, 2026American Funds 2040 Target Date Retirement Fund Cl F-1 closed modestly lower, retreating alongside broader market volatility as equity investors continued to digest a turbulent week for risk assets. A global tech-led selloff sparked by AI valuation concerns—which sent the Nasdaq down nearly 3% on Tuesday and weighed on major indices mid-week—pressured the fund's equity-heavy allocation typical of 2040-target-date strategies. Asset management peers like BlackRock also fell, with the XLF financial sector ETF dipping on the day as rising rate expectations and macro uncertainty added headwinds.

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Morningstar · June 18, 2025The Best Target-Date Funds: Morningstar’s Top-Rated Strategies for Your RetirementNerdWallet · November 21, 20175 Low-Cost Target-Date Funds for 2026

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