Multi-Asset / Allocation
American Funds College Enrollment Fund®
Overview
Key information
Objective
The fund's investment objective is to provide current income, consistent with preservation of capital.
Key facts
Fund inception
9/14/12
Fund assets (millions)
$3,190.5
As of 5/31/26 (updated monthly)
Shareholder accounts
90,013
As of 5/31/26 (updated monthly)
Issuers (#)
—
As of — (updated monthly)
One-year turnover (%)tooltip: Portfolio turnover is the portion of a portfolio's holdings sold and replaced with new securities annually, usually expressed as a percentage of the portfolio's total assets. For example, a portfolio with a turnover of 25% holds assets for an average of about four years, while a portfolio with a turnover of 100% holds assets for one year.
10.0
Minimum initial investment
$250
Regular dividends paid
Dec.
Capital gains paid
Dec.
Fiscal year-end
October
Prospectus date
1/1/26
CUSIP
02629M 64 5
Fund number
1088
Target Date Solutions Committee
Years with Capital Group
Years of investment industry experience
34
31
27
13
9
24
22
13
Target Date Solutions Committee
Years with Capital Group
Years of investment industry experience
34
31
27
13
9
24
22
13
A distinctive investment approach
The Capital System is designed to deliver superior investment results. Across asset classes, we believe in collaborative research to yield deeper insights, diverse perspectives from multiple portfolio managers and analysts, and a long-term view to decision-making.
Returns
Investment results
Total returns for periods ended 5/31/26 (%)
- ●NAV
- ●MOP
- ●Index
| FUND | Daily YTD | 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | Lifetime |
|---|
Index data refers to the Bloomberg U.S. Aggregate 1-5 Years Indextooltip: 411 definition not found..
Daily YTD as of 6/18/26.
Fund inception: 9/14/12. The index lifetime return is based on the inception date of the fund.
Ratings are based on risk-adjusted returns.
Yield
As of 5/31/26 (updated monthly, %)
| 12-month distribution rate (at NAV)tooltip: The income per share paid by the fund over the past 12 months to an investor from dividends (including any special dividends). The distribution rate is expressed as a percentage of the current price. | 3.84 |
| 30-day SEC yield (gross/net)tooltip: The 30-day SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities calculated according to the standardized SEC formula; when applicable, it reflects the maximum sales charge. If shown, a net yield reflects fee waivers and/or expense reimbursements in effect during the period. Without waivers and/or reimbursements, the yield would be reduced. Gross yield does not adjust for any fee waivers and/or expense reimbursements in effect. | 3.40 / 3.40 |
Risk measures
As of 5/31/26 (updated monthly)
| Standard deviation (%)tooltip: Annualized standard deviation (based on monthly returns) is a common measure of absolute volatility that tells how returns over time have varied from the mean. A lower number signifies lower volatility. | |
| CENAX | 3.49 |
| —tooltip: | — |
| Sharpe ratiotooltip: Sharpe ratios use standard deviation and excess return to determine reward per unit of risk. The higher the number, the better the portfolio's historical risk-adjusted performance. | |
| CENAX | 0.24 |
| —tooltip: | — |
| R-squared (%)tooltip: R-squared is a measure of the correlation between a particular return and that of a benchmark index. A measure of 100 indicates that all of the return can be explained by movements in the benchmark. Generally the higher the R-squared measure, the more reliable the beta measurement will be. | 87.01 |
| Alphatooltip: Alpha definition not found. | 1.16 |
| Betatooltip: Beta relatively measures sensitivity to market movements over a specified period of time. The beta of the market (represented by the benchmark index) is equal to 1; a beta higher than 1 implies that a return was more volatile than the market. A beta lower than 1 suggests that a return was less volatile than the market. Generally the higher the R-squared measure, the more reliable the beta measurement will be. | 1.37 |
| Information ratiotooltip: The information ratio represents the excess return generated (over the market) per unit of relative risk as measured by tracking error. | 0.71 |
| Downside capture ratio (%)tooltip: DCAPRAT definition not found. | 150 |
| Upside capture ratio (%)tooltip: Ratio of a portfolio/composite's return during periods when the index was up, divided by the return of the index during those periods. For example, an up-capture ratio greater than 100 indicates the portfolio/composite produced a higher return than the index during periods when the index was up. | 131 |
| Tracking error (%)tooltip: The tracking error is the standard deviation of the difference between the returns of an investment and its benchmark. | 1.53 |
| S&P 500 correlationtooltip: Correlation describes the strength of the association between a return and a benchmark. Correlation is shown on a scale from 1 to -1. The higher the positive correlation, the more closely the return and the benchmark moved relative to one another. The lower the negative correlation, the more the return and the benchmark diverged from one another. | 0.60 |
| MSCI ACWI correlationtooltip: Correlation describes the strength of the association between a return and a benchmark. Correlation is shown on a scale from 1 to -1. The higher the positive correlation, the more closely the return and the benchmark moved relative to one another. The lower the negative correlation, the more the return and the benchmark diverged from one another. | 0.68 |
Data calculated against the —tooltip: unless noted otherwise.
Prices & distributions
As of 6/18/26
- Price at nav ($)
- Price change ($)
- Price change (%)
| YTD dividends subtotal | $0.00 |
| YTD cap gains subtotal | $0.00 |
| YTD total distributions | $0.00 |
Find Historical Prices
Find Historical Distributions
Portfolio composition
Asset mix
As of 5/31/26 (updated monthly, %)
U.S. Equities | 10.8 |
|---|---|
Non-U.S. Equities | 1.0 |
U.S. Bonds | 75.9 |
Non-U.S. Bonds | 3.3 |
Cash, Equivalents & Other | 9.0 |
U.S. Equities | 10.8 |
|---|---|
Non-U.S. Equities | 1.0 |
U.S Bonds | 75.9 |
Non-U.S. Bonds | 3.3 |
Cash, Equivalents & Other | 9.0 |
Key statistics
As of 5/31/26 (updated monthly)
CENAX | INDEX | |
|---|---|---|
Yield to worst (%)tooltip: BS_YTW definition not found. | 4.7 | 4.2 |
Yield to maturity (%)tooltip: A bond's total return if held to maturity and no default occurs or options are exercised. Assumes coupons are paid on time and accounts for their present value. Assumes principal is returned at maturity. | 4.7 | 4.3 |
Average coupon (%)tooltip: The average coupon is the weighted average coupon rate of all the bond holdings. | 4.3 | 3.5 |
Effective duration (years)tooltip: BS_ED definition not found. | 4.1 | 2.6 |
Spread duration (years)tooltip: spreadDuration definition not found. | 2.4 | 1.1 |
Option adjusted spread (bps)tooltip: BS_OAS definition not found. | 39 | 15 |
Duration times spread (bps)tooltip: durationTimesSpread definition not found. | 134 | 46 |
Index data refers to the Bloomberg U.S. Aggregate 1-5 Years Indextooltip: 411 definition not found..
Valuation
As of — (updated undefined)
| CENAX | INDEX | |
|---|---|---|
| Price/Booktooltip: 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 flowtooltip: Price-to-cash-flow (P/C) ratio is the average price to cash flow ratio of the individual stocks within a fund/model. | — | — |
| Price/Earningstooltip: PERAT definition not found. | — | — |
Index data refers to the —.
Portfolio exposures
As of 5/31/26 (updated monthly, percent)
| Sectors and top holdings | CENAX (percent) | INDEX (percent) | |
|---|---|---|---|
| Energy | 5.0 | — | |
| Materials | 4.0 | — | |
| Industrials | 10.9 | — | |
| Consumer discretionary | 6.1 | — | |
| Consumer staples | 9.1 | — | |
| Health care | 12.5 | — | |
| Financials | 11.4 | — | |
| Information technology | 26.8 | — | |
| Communication services | 6.5 | — | |
| Utilities | 5.3 | — | |
| Real estate | 2.4 | — |
Index data refers to the tooltip: .
Fees & expenses
Fees
As of the most recent prospectus (%)
Annual management fees | 0.00 |
|---|---|
Other expenses | 0.16 |
Acquired (underlying) fund fees and expenses | 0.27 |
12b-1 | 0.23 |
Expense ratio
Values shown as percentages (%)
CENAX (gross/net) | 0.66/0.66 |
|---|---|
Morningstar Short-Term Bond Front Load median As of 3/31/26 (updated quarterly) | 0.69 |
Resources
Literature
Dates as of posting
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely.
View mutual fund expense ratios and returns.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.