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Investments / Capital Group Active-Passive Retirement Income Model - Enhanced
 

Capital Group Active-Passive Retirement Income Model - Enhanced

Capital Group Active-Passive Retirement Income Model - Enhanced Composite
Summary
 

Capital Group Active-Passive Retirement Income Model - Enhanced

Capital Group Active-Passive Retirement Income Model - Enhanced Composite

Summary

Seeks the accomplishment of three investment objectives: current income, long-term growth of capital and conservation of capital, with an emphasis on income and growth of capital utilizing both active and passive investments.

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

Underlying Funds

Growth
18%
Capital Group Global Equity ETF10%
Capital Group Global Growth Equity ETF8%
Growth and income
15%
Capital Group Conservative Equity ETF5%
Capital Group Dividend Growers ETF10%
Balanced
10%
Capital Group Core Balanced ETF10%
Income
30%
Capital Group Core Bond ETF5%
Capital Group Core Plus Income ETF8%
Capital Group U.S. Multi-Sector Income ETF17%
Passive ETFs
27%
iShares Core Dividend Growth ETF6%
Schwab U.S. Dividend Equity ETF™4%
Vanguard Developed Markets ETF3%
Vanguard Growth ETF4%
Vanguard High Dividend Yield ETF4%
Vanguard Total International Bond ETF2%
Vanguard Total World Stock ETF4%
As of 04/01/2026 (updated daily).
MODEL HISTORICAL ALLOCATIONS
assetMix, UNDFUNDHAFMP

Asset Mix

U.S. Equities
44.8%
Non-U.S. Equities
20.6%
U.S. Bonds
28.3%
Non-U.S. Bonds
4.5%
assetMixCE
Cash Equivalents 1
1.9%
As of 02/28/2026 (updated monthly)

Market Capitalization

$228,568.83 Mil
Average
mktCapitalizationAvg
78.5%
Large
17.5%
Medium
2.6%
Small
As of 12/31/2025 (updated quarterly).

Description

Objective
Seeks to support sustained, inflation-adjusted withdrawals and the accomplishment of three investment objectives: current income, long-term growth of capital and conservation of capital, with an emphasis on income and growth of capital, through allocation to primarily income-focused equities as well as fixed income utilizing both active and passive investments.
Distinguishing Characteristics
Will attempt to achieve its investment objectives by investing in a mix of American Funds and passive third party ETFs in varying combinations and weightings over time. In comparison to the other two Capital Group Active-Passive Retirement Income Model Portfolios, the Enhanced Portfolio seeks somewhat higher long-term growth that also entails greater volatility, which in turn results in higher potential downside risk.
Types of Investments
The underlying funds are weighted more towards funds investing in equity securities and will primarily consist of American Funds representing a variety of fund categories such as equity-income, balanced, growth-and-income, growth, and bond funds as well as third-party ETFs. Through its investments in the underlying funds, the portfolio will have significant exposure to both dividend-paying and growth-oriented common stocks.

Facts

ID
Model Composite Inception
11/30/2022
Companies/Issuers
11556
Holdings are as of 02/28/2026 (updated monthly).
Active/Passive
73% / 27%
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 Custom Index Retirement Income - Enhanced.tooltip: 1708 definition not found.

    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
    		3.613.018.8
    Custom Index Retirement Income - Enhanced tooltip: 1708 definition not found.
    		———
    Model as of 12/31/2025. Index as of 12/31/2025.

    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
    		12.1%
    5-9.9 Years
    		10.1%
    10-19.9 Years
    		4.6%
    20-29.9 Years
    		6.6%
    30+ Years
    		1.2%
    % of net assets as of 12/31/2025 (updated quarterly)

    qualitySummary
    Quality Summary

    Read important investment disclosures

    AAA/Aaa
    		16.9%
    AA/Aa
    		19.3%
    A
    		17.5%
    BBB/Baa
    		19.6%
    BB/Ba
    		12.9%
    B
    		6.4%
    CCC & Below
    		1.6%
    Unrated
    		5.6%
    % of net assets as of 02/28/2026 (updated monthly)
    TTLHLD

    Holdings

    Total Bond Holdings

    Corporate bonds & notes
    		52.9%
    Mortgage-backed obligations
    		24.8%
    Asset-backed obligations
    		8.6%
    U.S. government & government agency bonds & notes
    		7.9%
    Non-U.S. government/agency securities
    		5.3%
    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
    		73.0%
    Europe
    		14.4%
    Asia & Pacific Basin
    		7.7%
    Other (Including Canada & Latin America)
    		3.0%
    ALLCTRY_CECTRY
    Cash & equivalents 1
    		1.9%
    % of net assets as of 02/28/2026 (updated monthly)

    Expenses

    Weighted Average Expense Ratio

    WAERMP_WAERG
    Capital Group Active-Passive Retirement Income Model - Enhanced
    		—
    WAERLC_AER
    Lipper Category Weighted Average
    		0.33
    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 CGGE, CGGO, CGCV, CGDG, CGBL, CGCB, CGCP, CGMS, DGRO, SCHD, VEA, VUG, VYM, BNDX and VT.

    Resources

    Literature for Capital Group Active-Passive Retirement Income Model - Enhanced
    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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