FDDTX Mutual Fund — American Funds 2025 Target Date Retirement Income Fund® Class F-3

American Funds 2025 Target Date Retirement Income Fund® Class F-3 (FDDTX)

Updated October 16, 2026.

FDDTX is a Mutual Fund. its distribution rate is 2.45%, its trailing-12-month yield is 7.38%, its expense ratio is 0.31%. Dividend Vision Distribution Safety Score™ is 93/100 (Safe). Total return is 166.5% over the past 9.7 years, 121.6 points behind SPY at 288.1%.

American Funds 2025 Target Date Retirement Income Fund is a mutual fund that invests across multiple American Funds spanning growth, equity-income, balanced, and fixed-income strategies, with a glide path that emphasizes fixed income and income-generating investments as it approaches and passes its 2025 target date. The fund carries a current distribution rate in the low-to-mid single digits, has a low expense ratio of 0.31%, and does not operate on a fixed distribution schedule. The fund appeals to investors planning for or in retirement around 2025 who seek a diversified portfolio with an automatic shift toward income and stability over time.

FDDTX performance versus SPY

Price and return data through 2026-10-16.

Total return is 166.5% over the past 9.7 years, 121.6 points behind SPY at 288.1%. Over the past year its total return — price change plus distributions reinvested — is 11.8%. Its deepest 1-year drawdown was 5.3%.

FDDTX key facts

Distribution Safety Score™

93 · Safe

Safety-Adjusted Yield

2.28%

Issuer

Capital Group

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

0.31%

Distribution rate

2.45%

Distribution frequency

Annual

Trailing yield

7.38%

Last close

$16.78 (as of 2026-10-16)

NAV

$16.73 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$17,638,465,536

Average volume

0.0

Dividend

$1.239

Ex-dividend date

12/24/2025

Beta

0.77

How Dividend Vision calculates yield and returns

Distribution rate (2.45%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (7.38%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Capital Group or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FDDTX risks and drawbacks

FDDTX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 5.3%.

Who may consider FDDTX — and who may not

FDDTX may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (FDDTX pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FDDTX

• All tickers starting with F

Tagged: Mutual Fund.

Frequently asked questions

More securities from Capital Group.