2019 Year-End Distributions | Capital Group

Tax Center

JANUARY 17, 2020

2019 Year-End Distributions

Capital Gain Distributions

Capital gain distributions for 2019 are listed below. Read our Capital Gains FAQ to learn about capital gain distributions and how they affect your account.

Year-End Distributions of Capital Gains

Per-Share Amounts

Fund

Record Date

Payment Date

Long-term

Short-term1

AMERICAN FUNDS PORTFOLIO SERIES℠

AMERICAN FUNDS RETIREMENT INCOME PORTFOLIO SERIES℠

AMERICAN FUNDS TARGET DATE RETIREMENT SERIES®

Some funds may pay a year-end distribution of short-term capital gains, which are taxed like ordinary income.

Purchase Restriction: Purchases of American Funds Global Insight Fund and American Funds International Vantage Fund are restricted. These funds will be available to new investors beginning on 12/16/2019. Notice: These funds began investment operations on April 1, 2011, but were only available to a limited number of investors. Now available on the American Funds platform, the reorganized funds have adopted the results and financial history of the original funds.

 

Dividends

Income Dividends

In December, many of the American Funds paid regular income dividends. In addition, several funds paid special dividends.

Special Dividends

The following American Funds paid special dividends in December, in addition to their regular dividend payments.

Funds That Paid Special Dividends

Fund
Per-Share Amount

Qualified Dividends

Funds that invest in stocks of U.S. corporations and many of those based outside the U.S. pay dividends that qualify for lower tax rates. However, when a fund derives a significant portion of its income from sources such as interest, short-term capital gains and dividends from certain international corporations, a portion of its dividend does not qualify for reduced tax rates. Instead, that portion is taxed at the ordinary income rates. Funds that derive all of their income from investments in bonds, money market instruments and non-dividend-paying investments do not pay qualified dividends.

For most investors, the amount of qualified dividends received will be reported on Form 1099-DIV (mailed by January 31, 2020).

Funds That Paid Qualified Dividends

Fund
Percentage Range

AMERICAN FUNDS PORTFOLIO SERIES

AMERICAN FUNDS RETIREMENT INCOME PORTFOLIO SERIES

AMERICAN FUNDS TARGET DATE RETIREMENT SERIES

3 The fund did not pay taxable dividends in 2019.

4 This percentage applies to the taxable portion of the fund's total dividend.

5 American Funds Tax-Advantaged Growth and Income Portfolio has been renamed, effective 1/1/20, to American Funds Tax Aware Conservative Growth and Income Portfolio.

Return of Capital

A portion of the income dividends distributed by American Funds Emerging Markets Bond Fund during 2019 was classified as a return of capital. See "Form 8937: Report of Organizational Actions" in our Tax Center at capitalgroup.com/taxes for more information. The actual amount of return of capital will be reported in Box 3 “Nondividend Distributions” of the 2019 1099-DIV (available late January).


Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.