Investment Fund

Purchase Restrictions: Class 529-F-1 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
Price at NAV $9.58 as of 12/23/2025 (updated daily)
Fund Assets (millions) $3,504.6
Target Date Solutions Committee Members
8
Expense Ratio
(Gross/Net %)
0.75 / 0.75%
Quarterly Fund Fact Sheet (PDF)
Prospectus

  • Underlying Funds

  • Current Allocation

 Growth-and-Income 9%
American Mutual Fund® 9%
Equity-Income/Balanced 5%
American Balanced Fund® 5%
Bond 85.9%
American Funds Mortgage Fund® 10%
American Funds® Strategic Bond Fund 5%
Intermediate Bond Fund of America® 31%
Short-Term Bond Fund of America® 39.9%
As of 11/30/2025 (updated monthly)
QUARTERLY HOLDINGS

Asset Mix

U.S. Equities10.9%
Non-U.S. Equities1.1%
U.S. Bonds77.5%
Non-U.S. Bonds3.0%
Cash & Equivalents
7.5%
As of 11/30/2025 (updated monthly)

Fund Statistics

3.4 years
Effective Duration
4.1%
Average Yield
to Worst
4.4%
Average Coupon
% of net assets as of 11/30/2025 (updated monthly)
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Volatility & Return

Read important investment disclosures
For Class 529-F-1 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
CENFX
Bloomberg U.S. Aggregate 1-5 Years Index
Other AF Funds
Standard Deviation as of 11/30/2025 (updated monthly) . Annualized return as of 11/30/2025 (updated monthly) .
VIEW LARGER CHART
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Returns at NAV

Returns at MOP

Description

Objective
The fund's investment objective is to provide current income, consistent with preservation of capital.

Fund Facts

Fund Inception 9/14/2012
Fund Assets (millions)
As of 11/30/2025
 $3,504.6
Shareholder Accounts
Shareholder accounts are as of 11/30/2025
 1
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2025) 10%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 02629M 59 5
Fund Number 1488

Returns

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Month-End Returns as of 11/30/25

Returns at NAV
| at MOP
Read important investment disclosures
CENFX
Bloomberg U.S. Aggregate 1-5 Years Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/25

Growth of 10K

Read important investment disclosures

High & Low Prices

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Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.32% 3.64%
Fund at MOP N/A N/A
As of 11/30/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.58 14.22 19.40
Bloomberg U.S. Aggregate 1-5 Years Index
-- -- --
Fund as of 9/30/25. Index as of --.

Target Date Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
David Hoag 5 33 37
Samir Mathur 5 12 32
Raj Paramaguru 1 12 20
Wesley Phoa 12 26 32
Will Robbins 1 30 33
Jessica Spaly 2 21 26
Shannon Ward 4 8 32
Michelle Black 5 23 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated
(164)
(164)
(156)
(122)
Expense Within Category
Funds Rated
(90)
(90)
(87)
(69)
Preservation Within Category
Funds Rated
(6012)
(6012)
(5604)
(4235)
Tax Efficiency Within Category
Funds Rated
(164)
(164)
(156)
(122)
Total Return Within Category
Funds Rated
(164)
(164)
(156)
(122)
Category Sht-Int Inv Grd Dbt Fds
KEY
HIGHEST LOWEST
As of 11/30/2025 (updated monthly)

Risk Measures

Fund
Standard Deviation
3.07
Sharpe Ratio
0.04
For the 10 Years ending 11/30/25 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
Bloomberg U.S. Aggregate 1-5 Years Index
Bloomberg US Agg Bond TR USD
R-squared
88 88
Beta
0.56 0.56
Capture Ratio (Downside/Upside)
43/62 43/62
American Funds Benchmark for the 10 Years ending 11/30/25 (updated monthly).
Morningstar Benchmark for the 10 Years ending 11/30/25 (updated monthly).
U.S. Treasuries/Agencies
25.2%
AAA/Aaa
19.6%
AA/Aa
22.7%
A
6.9%
BBB/Baa
2.9%
BB/Ba
0.4%
B
0.2%
CCC & Below
0.0%
Unrated
2.4%
Cash & equivalents
7.6%
% of net assets as of 11/30/2025 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 3.1%
Financials 1.7%
Industrials 1.6%
Health care 1.5%
Consumer staples 0.9%
Utilities 0.7%
Communication services 0.7%
Consumer discretionary 0.6%
Energy 0.5%
Materials 0.4%
Real estate 0.3%

% of net assets as of 11/30/2025 (updated monthly)

Bonds Breakdown

Go to the underlying fund pages to see detailed holdings information.

Geographic Breakdown

Regions
United States
88.4%
Europe
1.6%
Asia & Pacific Basin
0.8%
Other (Including Canada & Latin America)
1.6%
Cash & equivalents
7.5%
% of net assets as of 11/30/2025 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

2025

Historical Prices Year-End

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Historical Distributions as of 12/23/25

FIND HISTORICAL DISTRIBUTIONS
2025
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
12/23/25 12/23/25 12/24/25 $0.3942 $0.00 $0.00 $0.00 $9.58
2025 Year-to-Date: Dividends Subtotal: $0.3942 Cap Gains Subtotal: $0.00
Total Distributions: $0.3942

Fees & Expenses

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Fees

Annual Management Fees 0.00%
Other Expenses 0.22%
Acquired (Underlying) Fund Fees and Expenses 0.28%
Service 12b-1 0.25%
As of each fund's most recent prospectus.
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Expense Ratio

CENFX 0.75%
Lipper Short-Intmdt Investment Grade Debt Funds Average
0.61%
Fund as of most recent prospectus. Lipper Category as of 9/30/25 (updated quarterly).