FBGTX – Fund Analysis – American Funds 2040 Trgt Date Retire F-2 | Morningstar

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Will FBGTX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FBGTX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the FBGTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of FBGTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A series for every season.

Senior Analyst Jodi Lim

Jodi Lim

Senior Analyst

Summary

Retirement savers remain well served by the American Funds Target Date Retirement series. Competitive pricing (versus similarly distributed share classes), strong oversight, and a lineup of dependable underlying strategies collectively position the series to stay ahead of most peers.

by Jodi Lim

Rated on May 8, 2026 Published on May 8, 2026

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