Investment Fund

Share Class
Purchase Restrictions: Class 529-F-1 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

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Price at NAV $9.08 as of 4/18/2024 (updated daily)
Fund Assets (millions) $1,529.7
Target Date Solutions Committee Members
8
Expense Ratio
(Gross/Net %)
0.73 / 0.73%

Asset Mix

U.S. Equities10.8%
Non-U.S. Equities1.0%
U.S. Bonds77.2%
Non-U.S. Bonds5.1%
Cash & Equivalents
5.9%
As of 3/31/2024 (updated monthly)

Fund Statistics

3 years
Effective Duration
5.1%
Average Yield
to Worst
4%
Average Coupon
% of net assets as of 3/31/2024 (updated monthly)

Growth of 10K

High & Low Prices

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Returns at NAV

Returns with Sales Charge

Description

Fund Objective
The fund's investment objective is to provide current income, consistent with preservation of capital.

Fund Facts

Fund Inception 9/14/2012
Fund Assets (millions)
As of 2/29/2024
$1,529.7
Shareholder Accounts
Shareholder accounts are as of 3/31/2024
1
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 18%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 02629M 59 5
Fund Number 1488

Returns

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Month-End Returns as of 3/31/24

Quarter-End Returns as of 3/31/24

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Volatility & Return

Read important investment disclosures
For Class 529-F-1 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
CENFX
Bloomberg U.S. Aggregate 1-5 Years Index
Other AF Funds
Standard Deviation as of 03/31/2024 (updated monthly) . Annualized return as of 03/31/2024 (updated monthly) .
VIEW LARGER CHART
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Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.84% 4.00%
Fund at MOP N/A N/A
As of 3/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.43 13.84 18.85
Bloomberg U.S. Aggregate 1-5 Years Index
-- -- --
Fund as of 3/31/24. Index as of --.

Target Date Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Michelle J. Black 4 22 29
David A. Hoag 4 32 36
Samir Mathur 4 11 31
Raj Paramaguru 1 11 19
Wesley K. Phoa 12 25 30
William L. Robbins 1 29 32
Jessica C. Spaly 1 20 25
Shannon Ward 3 7 31
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Risk Measures

Fund
Standard Deviation
2.79
Sharpe Ratio
0.01
For the 10 Years ending 3/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
Bloomberg U.S. Aggregate 1-5 Years Index
Bloomberg US Agg Bond TR USD
R-squared 91 88
Beta 1.26 0.54
Capture Ratio (Downside/Upside) 122/115 42/54
American Funds Benchmark for the 10 Years ending 3/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 3/31/24 (updated monthly).
U.S. Treasuries/Agencies
21.6%
AAA/Aaa
43.4%
AA/Aa
4.4%
A
7.7%
BBB/Baa
2.8%
BB/Ba
0.4%
B
0.1%
CCC & Below
0.0%
Unrated
2.0%
Cash & equivalents
6.1%
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 2.2%
Health care 2.0%
Industrials 1.8%
Financials 1.7%
Consumer staples 1.0%
Energy 0.7%
Utilities 0.6%
Consumer discretionary 0.6%
Communication services 0.5%
Materials 0.4%
Real estate 0.3%

% of net assets as of 3/31/2024 (updated monthly)

Bonds Breakdown

Geographic Breakdown

United States
88.0%
Europe
2.9%
Asia & Pacific Basin
0.9%
Other (Including Canada & Latin America)
2.3%
Cash & equivalents
5.9%
% of net assets as of 3/31/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

Historical Prices Year-End

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Historical Distributions as of 01/25/24

2023
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
12/21/23 12/21/23 12/22/23 $0.3544 $0.00 $0.00 $0.00 $9.10
2023 Year-to-Date: Dividends Subtotal: $0.3544 Cap Gains Subtotal: $0.00
Total Distributions: $0.3544

Fees & Expenses

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Fees

Annual Management Fees 0.00%
Other Expenses 0.21%
Acquired (Underlying) Fund Fees and Expenses 0.27%
Service 12b-1 0.25%
As of each fund's most recent prospectus.
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Expense Ratio

CENFX 0.73%
Lipper Short-Intmdt Investment Grade Debt Funds Average
0.61%
Fund as of most recent prospectus. Lipper Category as of 3/31/24 (updated quarterly).

Resources