Investment Fund

Share Class
Purchase Restrictions: Class 529-F-2 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
Seeks capital preservation and income. Offers exposure to a mix of fixed-income securities focused on preservation of principal and seeks to provide investors a source of some current income.
Price at NAV $9.36 as of 6/21/2024 (updated daily)
Fund Assets (millions) $1,888.5
Portfolio Solutions Committee Members
7
Expense Ratio
(Gross/Net %)
0.39 / 0.39%

Underlying Funds

Asset Mix

U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds90.1%
Non-U.S. Bonds5.1%
Cash & Equivalents
4.9%
As of 5/31/2024 (updated monthly)

Fund Statistics

2.8 years
Effective Duration
5.7%
Average Yield
to Worst
4.3%
Average Coupon
% of net assets as of 5/31/2024 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class 529-F-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
FPPPX
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
Other AF Funds
Standard Deviation as of 05/31/2024 (updated monthly) . Annualized return as of 05/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Returns at NAV

Returns at MOP

Description

Objective
The fund's investment objective is to provide current income, consistent with preservation of capital.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying American Funds seek current income, consistent with the preservation of capital, through bond investments.

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 5/31/2024
$1,888.5
Companies/Issuers
Holdings are as of 5/31/2024 (updated monthly).
1065+
Shareholder Accounts
Shareholder accounts are as of 5/31/2024
1,703
Regular Dividends Paid
Monthly
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 9%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02631T 810
Fund Number 1645

Returns

Internal Prompt

Month-End Returns as of 5/31/24

FPPPX
Bloomberg 1-5 Year U.S. Government/Credit A+ Index

Quarter-End Returns as of 3/31/24

Growth of 10K

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 4.04% 4.36%
Fund at MOP N/A N/A
As of 5/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund -- -- --
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
-- -- --
Fund as of 3/31/24. Index as of --.

Portfolio Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alan N. Berro 12 33 38
Michelle J. Black 4 22 29
Brittain Ezzes 1 2 26
Samir Mathur 4 11 31
Wesley K. Phoa 12 25 30
John R. Queen 4 22 34
Andrew B. Suzman 12 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(525)
3-yr. Morningstar RatingTM
(525 funds rated)
5-yr. Morningstar RatingTM
(485 funds rated)
10-yr. Morningstar RatingTM
(356 funds rated)
Overall Morningstar Risk Above Average
HIGH
LOW
Category Short-Term Bond
Ratings are based on risk-adjusted returns as of 5/31/2024 (updated monthly).
Internal Prompt

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated

(162)

(162)
Expense Within Category
Funds Rated

(104)

(104)
Preservation Within Category
Funds Rated

(6133)

(6133)
Tax Efficiency Within Category
Funds Rated

(163)

(163)
Total Return Within Category
Funds Rated

(163)

(163)
Category Sht-Int Inv Grd Dbt Fds
KEY
HIGHEST LOWEST
As of 5/31/2024 (updated monthly)

Risk Measures

Fund
Standard Deviation
2.30
Sharpe Ratio
-0.08
For the 10 Years ending 5/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
Bloomberg US Agg Bond TR USD
R-squared 94 84
Beta 1.05 0.44
Capture Ratio (Downside/Upside) 104/107 34/48
American Funds Benchmark for the 10 Years ending 5/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 5/31/24 (updated monthly).
U.S. Treasuries/Agencies
28.1%
AAA/Aaa
46.1%
AA/Aa
5.3%
A
9.7%
BBB/Baa
3.5%
Unrated
2.4%
Cash & equivalents
4.9%
% of net assets as of 5/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
72.1%
5-9.9 Years
20.0%
10-19.9 Years
1.7%
20-29.9 Years
0.1%
30+ Years
--
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Bonds Breakdown

Bond Details

Total bond holdings
U.S. Treasury bonds & notes 27.1%
Asset-backed obligations 17.1%
Non-U.S. government/agency securities 2.9%

% of net assets as of 3/31/2024 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 06/21/24

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
01/26/24 01/26/24 01/29/24 $0.0201 $0.00 $0.00 $0.00 $9.41
02/26/24 02/26/24 02/27/24 $0.0305 $0.00 $0.00 $0.00 $9.32
03/25/24 03/25/24 03/26/24 $0.0304 $0.00 $0.00 $0.00 $9.36
04/25/24 04/25/24 04/26/24 $0.0343 $0.00 $0.00 $0.00 $9.24
05/28/24 05/28/24 05/29/24 $0.0359 $0.00 $0.00 $0.00 $9.27
2024 Year-to-Date: Dividends Subtotal: $0.1512 Cap Gains Subtotal: $0.00
Total Distributions: $0.1512

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.12%
Acquired (Underlying) Fund Fees and Expenses 0.27%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

FPPPX 0.39%
Lipper Short-Intmdt Investment Grade Debt Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).