FAXTX Fees and Costs — American Funds 2065 Target Date Retirement Fund, Class F-1
Data updated: 2026-09-28
The net expense ratio is 0.74%. There are no sales loads or redemption fees. Portfolio turnover was 5%.
FAXTX Fees and Expenses
Annual operating expenses and sales charges of FAXTX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.74% |
| Fee waiver | — |
| Net expense ratio | 0.74% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
FAXTX Costs Over Time
On $10,000 invested in FAXTX, assuming 5% a year before costs, total costs come to $465 over 5 years, cutting the return by 0.78% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.74%) | $78 | $243 | $423 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $255 | $465 |
| Value after costs | $10,422 | $11,321 | $12,298 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
FAXTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
American Funds 2065 Target Date Retirement Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FCQTX | Class F-3 | 0.39% | none |
| RFVTX | Class R-6 | 0.39% | none |
| REOTX | Class R-5 | 0.44% | none |
| FBMTX | Class F-2 | 0.47% | none |
| RHLTX | Class R-5E | 0.53% | none |
| TDTTX | Class T | 0.72% | 2.50% |
| AAOTX | Class A | 0.73% | 5.75% |
| FAXTX | Class F-1 | 0.74% | none |
| RDLTX | Class R-4 | 0.74% | none |
| RCPTX | Class R-3 | 1.03% | none |
| RBEOX | Class R-2E | 1.18% | none |
| CCLTX | Class C | 1.47% | none |
| RBOTX | Class R-2 | 1.48% | none |
| RAQTX | Class R-1 | 1.49% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.