Investment Fund

Share Class
Purchase Restrictions: Class 529-F-2 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
Balances growth and income. Offers exposure to a mix of global stocks and bonds that can temper the impact of volatility while seeking capital appreciation and income opportunities.
Price at NAV $20.40 as of 1/16/2026 (updated daily)
Fund Assets (millions) $16,244.5
Portfolio Solutions Committee Members
7
Expense Ratio
(Gross/Net %)
0.44 / 0.44%
Prospectus

Asset Mix

U.S. Equities48.8%
Non-U.S. Equities19.1%
U.S. Bonds23.1%
Non-U.S. Bonds4.8%
Cash & Equivalents
4.3%
As of 12/31/2025 (updated monthly)

Fund Statistics

5.7 years
Effective Duration
4.8%
Average Yield
to Worst
4.5%
Average Coupon
% of net assets as of 12/31/2025 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Internal Prompt

Returns at NAV

Returns with Sales Charge

Description

Fund Objective
The fund's investment objectives are to provide current income and long-term growth of capital and income.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying American Funds may represent a variety of fund categories such as growth funds, growth-and-income funds, equity-income funds, balanced funds and bond funds.
Portfolio Restrictions
Will invest at least 45% of its assets in common stocks and other equity investments, and through its investments in the underlying funds, will invest at least 25% of the value of its assets in bonds and other debt securities (including money market instruments).

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 12/31/2025
 $16,244.5
Companies/Issuers
Holdings are as of 12/31/2025 (updated monthly).
 3230+
Shareholder Accounts
Shareholder accounts are as of 12/31/2025
 2,706
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2025) 4%
Fiscal Year-End Oct
Prospectus Date 01/01/2026
CUSIP 02631T 307
Fund Number 1650

Returns

Internal Prompt

Month-End Returns as of 12/31/25

Returns at NAV
| With Sales Charge
Read important investment disclosures
FBBPX
S&P 500 Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 12/31/25

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class 529-F-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
FBBPX
S&P 500 Index
Other AF Funds
Standard Deviation as of 12/31/2025 (updated monthly) . Annualized return as of 12/31/2025 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 2.40% 2.17%
Fund at MOP N/A N/A
As of 12/31/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.30 12.96 18.46
S&P 500 Index
4.60 15.30 22.90
Fund as of 9/30/25. Index as of 9/30/25.

Portfolio Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Brittain Ezzes 2 4 28
Samir Mathur 6 13 33
Damien McCann 14 26
Wesley Phoa 13 27 33
John Queen 6 24 36
Andrew Suzman 13 32
Michelle Black 6 24 31
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(464)
3-yr. Morningstar RatingTM
(464 funds rated)
5-yr. Morningstar RatingTM
(444 funds rated)
10-yr. Morningstar RatingTM
(370 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category
Moderate Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 12/31/2025 (updated monthly).

Risk Measures

Fund
Standard Deviation
9.99
Sharpe Ratio
0.70
For the 10 Years ending 12/31/25 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P 500 Index
Morningstar Mod Tgt Risk TR USD
R-squared
91 97
Beta
0.63 0.99
Capture Ratio (Downside/Upside)
--/-- 98/105
American Funds Benchmark for the 10 Years ending 12/31/25 (updated monthly).
Morningstar Benchmark for the 10 Years ending 12/31/25 (updated monthly).
U.S. Treasuries/Agencies
5.9%
AAA/Aaa
2.2%
AA/Aa
6.5%
A
4.1%
BBB/Baa
4.5%
BB/Ba
2.5%
B
1.0%
CCC & Below
0.4%
Unrated
0.8%
Cash & equivalents
4.3%
% of net assets as of 12/31/2025 (updated monthly)

Average Life Breakdown

0-4.9 Years
14.9%
5-9.9 Years
9.1%
10-19.9 Years
1.6%
20-29.9 Years
2.2%
30+ Years
0.1%
% of net assets as of 12/31/2025 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 15.4%
Financials 10.8%
Industrials 9.6%
Health care 7.5%
Consumer discretionary 5.7%
Communication services 5.1%
Consumer staples 4.6%
Materials 3.1%
Utilities 2.5%
Energy 2.4%
Real estate 1.1%

% of net assets as of 12/31/2025 (updated monthly)

Bonds Breakdown

Geographic Breakdown

Regions
United States
71.8%
Europe
11.6%
Asia & Pacific Basin
6.9%
Other (Including Canada & Latin America)
5.4%
Cash & equivalents
4.3%
% of net assets as of 12/31/2025 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2025

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/16/26

FIND HISTORICAL DISTRIBUTIONS
2025
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/26/25 03/26/25 03/27/25 $0.0626 $0.00 $0.00 $0.00 $18.29
06/25/25 06/25/25 06/26/25 $0.0998 $0.00 $0.00 $0.00 $19.21
09/25/25 09/25/25 09/26/25 $0.0966 $0.00 $0.00 $0.00 $20.15
12/29/25 12/29/25 12/30/25 $0.2362 $0.00 $0.7599 $0.00 $19.98
2025 Year-to-Date: Dividends Subtotal: $0.4952 Cap Gains Subtotal: $0.7599
Total Distributions: $1.2551

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.10%
Acquired (Underlying) Fund Fees and Expenses 0.34%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

FBBPX 0.44%
Lipper Balanced Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).