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Investments / Capital Group Active-Passive Preservation Model
 

Capital Group Active-Passive Preservation Model

Capital Group Active-Passive Preservation Model Composite
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Summary
 

Capital Group Active-Passive Preservation Model

Capital Group Active-Passive Preservation Model Composite
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Summary

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.

  • Portfolio Solutions Committee Members 7
  • WAERMP_WAERG
    Weighted Average Expense Ratio (%) —

Underlying Funds

Income
74%
Intermediate Bond Fund of America®33%
Short-Term Bond Fund of America®21%
Capital Group Short Duration Income ETF20%
Passive ETFs
26%
iShares MBS ETF3%
Vanguard Short-Term Inflation-Protected Securities ETF2%
Vanguard Short-Term Treasury ETF17%
Vanguard Total International Bond ETF4%
As of 04/01/2026 (updated daily).
MODEL HISTORICAL ALLOCATIONS
assetMix, UNDFUNDHAFMP

Asset Mix

U.S. Equities
0.0%
Non-U.S. Equities
0.1%
U.S. Bonds
88.8%
Non-U.S. Bonds
6.7%
assetMixCE
Cash Equivalents 1
4.5%
As of 02/28/2026 (updated monthly)

Description

Objective
Seeks preservation of capital primarily and, secondarily, current income through a diversified portfolio of high-quality, active and passive, fixed-income securities.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds and passive third-party ETFs in different combinations and weightings.
Types of Investments
The underlying American Funds and third-party ETFs seek current income, consistent with the preservation of capital, through bond investments.

Facts

ID
Model Composite Inception
11/30/2022
Companies/Issuers
2345
Holdings are as of 02/28/2026 (updated monthly).
Active/Passive
74% / 26%
RSG_YTD, RSG_1YR, RSGA_3YR, RSGA_5YR, RSGA_10YR, RSGA_LT, RSNF_YTD, RSNF_1YR, RSNFA_3YR, RSNFA_5YR, RSNFA_10YR, RSNFA_LT

Returns 2

  • Month-End Returns as of 02/28/2026
  • Quarter-End Returns as of 12/31/2025
    • Read important investment disclosures
    • ●Composite Gross
    • ●Composite Net
    • ●Index
    Returns table
    STRATEGYYear-to-date1 Year3 YearSince inception

    Index data refers to the Bloomberg 1-5 Year U.S. Government/Credit A+ Index.tooltip: Bloomberg 1-5 Year U.S. Government|Credit A+ Index is a market-value weighted index that tracks the total return results of fixed-rate, publicly placed, dollar-denominated obligations issued by the U.S. Treasury, U.S. government agencies, quasi-federal corporations, corporate or foreign debt guaranteed by the U.S. government, and U.S. corporate and foreign debentures and secured notes that meet specified maturity, liquidity and quality requirements, with maturities of one to five years, including A-rated securities and above. This index is unmanaged, and its results include reinvested distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes.

    Model composite inception: 11/30/2022.

    Returns greater than one year are annualized.

    Valuation

    Price/ Book tooltip: Price-to-book ratio compares a stock's market value to the value of total assets less total liabilities (book value). Adjusted for stock splits. Price/ Cash Flow tooltip: Price-to-cash-flow (P/C) ratio is the average price to cash flow ratio of the individual stocks within a fund/model. Price/ Earnings tooltip: Price-to-earnings (P/E) ratio takes the current price of a stock divided by its earnings per share. The ratio reflects the cost of a given stock per dollar of current annual earnings and is the most common measure of a stock's expense. The higher the P/E, the more investors are paying, and therefore the more earnings growth they are expecting.
    Model
    		———
    Bloomberg 1-5 Year U.S. Government/Credit A+ Index tooltip: Bloomberg 1-5 Year U.S. Government|Credit A+ Index is a market-value weighted index that tracks the total return results of fixed-rate, publicly placed, dollar-denominated obligations issued by the U.S. Treasury, U.S. government agencies, quasi-federal corporations, corporate or foreign debt guaranteed by the U.S. government, and U.S. corporate and foreign debentures and secured notes that meet specified maturity, liquidity and quality requirements, with maturities of one to five years, including A-rated securities and above. This index is unmanaged, and its results include reinvested distributions but do not reflect the effect of sales charges, commissions, account fees, expenses or U.S. federal income taxes.
    		———
    Model as of —. Index as of —.

    Portfolio Solutions Committee

    • Years of Experience with Capital Group
    • Years of Experience with Investment Industry
    Michelle Black
    24
    31
    Brittain Ezzes
    4
    28
    Samir Mathur
    13
    33
    Damien McCann
    26
    Wesley Phoa
    27
    33
    John Queen
    24
    36
    Andrew Suzman
    32

    A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

    Portfolio managers as of 04/04/2026. Portfolio managers' years of experience are as of the previous calendar year end.

    Risk

    Maturity Breakdown

    Read important investment disclosures

    0-4.9 Years
    		29.2%
    5-9.9 Years
    		4.2%
    10-19.9 Years
    		2.6%
    20-29.9 Years
    		6.5%
    30+ Years
    		1.7%
    % of net assets as of 12/31/2025 (updated quarterly)

    qualitySummary
    Quality Summary

    Read important investment disclosures

    AAA/Aaa
    		58.5%
    AA/Aa
    		18.9%
    A
    		12.3%
    BBB/Baa
    		7.2%
    BB/Ba
    		0.2%
    Unrated
    		2.8%
    % of net assets as of 02/28/2026 (updated monthly)
    TTLHLD

    Holdings

    Total Bond Holdings

    U.S. government & government agency bonds & notes
    		39.1%
    Mortgage-backed obligations
    		24.2%
    Asset-backed obligations
    		16.8%
    Corporate bonds & notes
    		16.1%
    Non-U.S. government/agency securities
    		3.8%
    Municipal securities
    		0.0%
    Other bonds & notes
    		0.0%
    % of net assets as of 12/31/2025 (updated quarterly).

    Go to the underlying fund pages to see detailed holdings information

    Geographic Breakdown

    Regions
    |
    Top Countries
     
    United States
    		88.8%
    ALLCTRY_CECTRY
    Cash & equivalents 1
    		4.5%
    Europe
    		3.8%
    Other (Including Canada & Latin America)
    		1.8%
    Asia & Pacific Basin
    		1.1%
    % of net assets as of 02/28/2026 (updated monthly)

    Expenses

    Weighted Average Expense Ratio

    WAERMP_WAERG
    Capital Group Active-Passive Preservation Model
    		—
    WAERLC_AER
    Lipper Category Weighted Average
    		0.35
    Model as of the underlying funds' most recent prospectuses. Lipper Category as of 12/31/2025 (updated quarterly). The Lipper averages for the underlying funds are IBAFX, SBFFX, CGSD, MBB, VTIP, VGSH and BNDX.

    Resources

    Literature for Capital Group Active-Passive Preservation Model
    All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
    Totals may not reconcile due to rounding.
    Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
    Results and results-based figures shown are preliminary and subject to change.
    1
    Includes cash, short-term securities, other assets less liabilities, accruals, derivatives and forwards. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
    2
    Returns are in USD, are asset weighted, and reflect the reinvestment of dividends, interest and other earnings (net of withholding taxes).
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    Advisory services offered through Capital Research and Management Company (CRMC) and its RIA affiliates.
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