FBCTX Performance — American Funds 2020 Target Date Retirement Fund, Class F-2
Data updated: 2026-09-28
FBCTX returned +4.95% year to date and +10.81% over one year to Jul 2026. Annualised returns are +10.64% over 3 years and +5.68% over 5 years. The fund trailed its Target-Date category average: $100 invested three years ago grew to $135, against $146 for the category, and to $111 over one year, against $116. Volatility over the past three years was 7.09% a year. In the 12 months to Jul 2026 the fund lost a net $1.4B, and assets reached $13.92B.
FBCTX Growth of $100
What $100 invested in American Funds 2020 Target Date Retirement Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | FBCTX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $111 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $135 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $132 | $142 |
| Since data start (Aug 2019 – Jul 2026) | $165 | $186 |
FBCTX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.95% |
| 1 year | +10.81% |
| 3 years (annualised) | +10.64% |
| 5 years (annualised) | +5.68% |
FBCTX Annual Returns
Calendar-year total returns of American Funds 2020 Target Date Retirement Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +4.95% |
| 2025 | +14.11% |
| 2024 | +8.91% |
| 2023 | +10.34% |
| 2022 | −11.10% |
| 2021 | +10.54% |
| 2020 | +10.89% |
| 2019 (Aug–Dec) | +5.05% |
FBCTX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.8% | +1.7% | −3.8% | +3.7% | +1.5% | +0.1% | −0.1% | — | — | — | — | — |
| 2025 | +2.3% | +1.2% | −1.2% | +0.3% | +2.3% | +2.9% | +0.1% | +1.9% | +1.5% | +0.6% | +1.3% | +0.2% |
| 2024 | +0.2% | +1.0% | +2.1% | −2.7% | +2.5% | +1.2% | +2.6% | +2.0% | +1.6% | −1.7% | +1.8% | −1.9% |
| 2023 | +3.6% | −2.7% | +2.3% | +1.0% | −1.6% | +2.0% | +1.6% | −1.4% | −2.9% | −1.5% | +5.8% | +4.2% |
| 2022 | −2.5% | −1.4% | −0.1% | −4.6% | +1.2% | −5.1% | +3.9% | −2.8% | −6.5% | +3.5% | +5.1% | −1.7% |
| 2021 | −0.4% | +1.0% | +1.8% | +2.2% | +1.3% | +0.3% | +0.9% | +1.0% | −2.1% | +2.5% | −1.1% | +2.8% |
| 2020 | +0.1% | −2.9% | −6.1% | +5.7% | +2.5% | +1.3% | +2.9% | +2.3% | −1.5% | −1.4% | +6.1% | +2.2% |
| 2019 | — | — | — | — | — | — | — | 0.0% | +0.5% | +1.1% | +1.5% | +1.9% |
FBCTX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 7.09%
- 3-year Sharpe ratio: 0.87 (vs 4.5% risk-free rate)
- Best month: +5.76% (Nov 2023)
- Worst month: −3.76% (Mar 2026)
FBCTX Fund Flows
Monthly money in and out of American Funds 2020 Target Date Retirement Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.4B
- 12-month gross sales (incl. reinvestments): $3.0B
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $144.0M | $340.5M | −$196.5M |
| Jun 2026 | $105.4M | $401.0M | −$295.6M |
| May 2026 | $120.4M | $328.1M | −$207.7M |
| Apr 2026 | $132.7M | $415.3M | −$282.6M |
| Mar 2026 | $170.0M | $425.3M | −$255.3M |
| Feb 2026 | $163.8M | $317.6M | −$153.8M |
| Jan 2026 | $251.9M | $414.3M | −$162.4M |
| Dec 2025 | $1.3B | $340.6M | $920.2M |
| Nov 2025 | $161.2M | $343.2M | −$182.0M |
| Oct 2025 | $168.0M | $358.2M | −$190.2M |
| Sep 2025 | $145.5M | $332.7M | −$187.3M |
| Aug 2025 | $126.9M | $368.8M | −$241.9M |
FBCTX Assets Under Management
Net assets of American Funds 2020 Target Date Retirement Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $13.92B |
| 2026-04-30 | $14.40B |
| 2026-01-31 | $14.87B |
| 2025-10-31 | $14.92B |
| 2025-07-31 | $14.94B |
| 2025-04-30 | $14.83B |
| 2025-01-31 | $15.49B |
| 2024-10-31 | $15.79B |
| 2024-07-31 | $16.03B |
| 2024-04-30 | $15.56B |
| 2024-01-31 | $16.16B |
| 2023-10-31 | $14.99B |
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.