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Investments / American Funds Tax-Aware Moderate Income Model Portfolio
 

American Funds Tax-Aware Moderate Income Model Portfolio

American Funds Tax-Aware Moderate Income MP Composite
Summary
 

American Funds Tax-Aware Moderate Income Model Portfolio

American Funds Tax-Aware Moderate Income MP Composite

Summary

Emphasis on dividend-paying equities and a diverse mix of tax-exempt bonds that provide income as well as diversification from equities to help pursue investor goals.

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

Underlying Funds

Growth
7%
Capital Group Global Equity ETF7%
Growth and income
30%
Capital Group Conservative Equity ETF5%
Capital Group Core Equity ETF4%
Capital Group Dividend Growers ETF7%
Capital Group Dividend Value ETF14%
Tax-exempt
63%
Capital Group Municipal High-Income ETF25%
Capital Group Municipal Income ETF25%
Capital Group Short Duration Municipal Income ETF13%
As of 04/01/2026 (updated daily).
MODEL HISTORICAL ALLOCATIONS
assetMix, UNDFUNDHAFMP

Asset Mix

U.S. Equities
27.8%
Non-U.S. Equities
8.2%
U.S. Bonds
58.9%
Non-U.S. Bonds
0.1%
assetMixCE
Cash Equivalents 1
5.0%
As of 02/28/2026 (updated monthly)

Market Capitalization

$264,028.48 Mil
Average
mktCapitalizationAvg
81.9%
Large
16.8%
Medium
1.4%
Small
As of 12/31/2025 (updated quarterly).

Description

Objective
Seeks a balance of high current income and preservation of capital through exposure to dividend-paying equities and tax-exempt, fixed-income securities.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of Capital Group ETFs in different combinations and weightings.
Types of Investments
The underlying funds may represent a variety of fund categories such as tax-exempt bond funds and growth-and-income funds.

Facts

ID
Model Composite Inception
08/31/2019
Companies/Issuers
1427
Holdings are as of 02/28/2026 (updated monthly).
portfolioTurnover
Portfolio Turnover
49.3%
Holdings are as of 02/28/2026 (updated monthly).
RSG_YTD, RSNF_YTD, RSGA_LT, 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 Year5 YearSince inception

    Index data refers to the Tax-Aware Moderate Income Model Portfolio Index Blend.

    Model Composite Inception: 08/31/2019.

    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
    		3.714.820.2
    Tax-Aware Moderate Income Model Portfolio Index Blend tooltip: 1807 definition not found.
    		4.516.924.4
    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

    Average Life Breakdown

    Read important investment disclosures

    0-4.9 Years
    		38.9%
    5-9.9 Years
    		34.2%
    10-19.9 Years
    		10.9%
    20-29.9 Years
    		7.4%
    30+ Years
    		1.4%
    % of net assets as of 12/31/2025 (updated quarterly)

    qualitySummary
    Quality Summary

    Read important investment disclosures

    AAA/Aaa
    		11.3%
    AA/Aa
    		33.8%
    A
    		17.1%
    BBB/Baa
    		10.1%
    BB/Ba
    		6.6%
    B
    		0.5%
    CCC & Below
    		0.2%
    Unrated
    		20.4%
    % of net assets as of 02/28/2026 (updated monthly)
    TTLHLD

    Holdings

    Total Bond Holdings

    Revenue bonds
    		91.8%
    General obligations
    		8.2%
    % 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
    		86.0%
    ALLCTRY_CECTRY
    Cash & equivalents 1
    		5.5%
    Europe
    		5.3%
    Asia & Pacific Basin
    		2.3%
    Other (Including Canada & Latin America)
    		0.9%
    % of net assets as of 12/31/2025 (updated quarterly)

    Expenses

    Weighted Average Expense Ratio

    WAERMP_WAERG
    American Funds Tax-Aware Moderate Income Model Portfolio
    		—
    WAERLC_AER
    Lipper Category Weighted Average
    		0.30
    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, CGCV, CGUS, CGDG, CGDV, CGHM, CGMU and CGSM.

    Resources

    Literature for American Funds Tax-Aware Moderate Income Model Portfolio
    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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