2026 year-end distribution estimates 2026 year-end distribution estimates

September 21, 2026

Capital Gain Distributions


The estimated long-term and short-term capital gain distributions for 2026 are listed below. The actual distribution amounts will be based on gains and losses realized through October 31 (or later for certain funds). As such, the estimates below may differ from amounts actually distributed in December. The funds' long-term approach to investing means that the capital gains realized in a particular year can be the result of an investment held over an extended period of time. The amount of capital gain distributions may vary year over year since the distributions are based on net capital gains realized each year. Some funds also paid a midyear capital gain distribution in June. The distribution amounts were based on gains and losses realized through the end of each fund's most recent fiscal year. Please refer to the 2026 midyear capital gain distributions page for more information.


For American Funds and public-private funds, distributions are based on the fund shares owned at the beginning of the day on the record date. For Capital Group exchange-traded funds, distributions are based on the fund shares owned at the end of the day on the record date.

Read our Capital gains FAQ to learn about capital gain distributions and how they affect your account.

Estimated year-end distributions of capital gains (percentage range based on current share prices*)

  

          

          Percentage range*

          Per-share range†

Fund

Ex-date

Record date

Payment date

Long-term

Short-term‡

Long-term

Short-term‡

 

AMCAP Fund®

12/11

12/11

12/14

5.0%-8.0%

—

$2.300-$3.500

—

American Balanced Fund®

12/14

12/14

12/15

12.0-15.0

—

4.900-6.000

—

American Funds® Core Plus Bond Fund

12/31

12/31

1/4/27

—

—

—

—

American Funds Corporate Bond Fund®

12/31

12/31

1/4/27

—

—

—

—

American Funds® Developing World Growth and Income Fund

12/18

12/18

12/21

—

—

—

—

American Funds Emerging Markets Bond Fund®

12/31

12/31

1/4/27

—

—

—

—

American Funds® Global Balanced Fund

12/18

12/18

12/21

3.0-5.0

0.0%-1.0%

1.300-2.100

$0.000-$0.400

American Funds® Global Insight Fund

12/14

12/14

12/15

—

—

—

—

American Funds Inflation Linked Bond Fund®

12/16

12/16

12/17

—

—

—

—

American Funds® International Vantage Fund

12/14

12/14

12/15

4.0-6.0

—

0.900-1.200

—

American Funds Mortgage Fund®

12/31

12/31

1/4/27

—

—

—

—

American Funds® Multi-Sector Income Fund

12/31

12/31

1/4/27

—

—

—

—

American Funds Short-Term Tax-Exempt Bond Fund®

12/31

12/31

1/4/27

—

—

—

—

American Funds® Strategic Bond Fund

12/16

12/16

12/17

—

—

—

—

American Funds Tax-Exempt Fund of New York®

12/31

12/31

1/4/27

—

—

—

—

American Funds® U.S. Government Money Market Fund

12/31

12/31

1/4/27

—

—

—

—

American High-Income Municipal Bond Fund®

12/31

12/31

1/4/27

—

—

—

—

American High-Income Trust®

12/31

12/31

1/4/27

—

—

—

—

American Mutual Fund®

12/15

12/15

12/16

9.0-12.0

—

5.900-7.700

—

The Bond Fund of America®

12/31

12/31

1/4/27

—

—

—

—

Capital Income Builder®

12/17

12/17

12/18

6.0-9.0

—

5.000-7.500

—

Capital World Bond Fund®

12/16

12/16

12/17

—

—

—

—

Capital World Growth and Income Fund®

12/15

12/15

12/16

9.0-12.0

0.0-1.0

7.300-9.700

0.000-0.800

Emerging Markets Equities Fund

12/21

12/21

12/22

12.0-17.0

—

1.300-1.700

—

EUPAC Fund™

12/17

12/17

12/18

8.0-11.0

—

5.100-6.900

—

Fundamental Investors®

12/16

12/16

12/17

11.0-14.0

—

11.300-14.300

—

The Growth Fund of America®

12/16

12/16

12/17

10.0-12.0

—

8.500-10.100

—

The Income Fund of America®

12/14

12/14

12/15

8.0-10.0

—

2.300-2.700

—

Intermediate Bond Fund of America®

12/31

12/31

1/4/27

—

—

—

—

International Growth and Income Fund

12/18

12/18

12/21

6.0-8.0

—

3.000-3.900

—

The Investment Company of America®

12/15

12/15

12/16

8.0-11.0

0.0-1.0

5.500-7.500

0.000-0.600

Limited Term Tax-Exempt Bond Fund of America®

12/31

12/31

1/4/27

—

—

—

—

The New Economy Fund®

12/15

12/15

12/16

20.0-25.0

—

16.800-20.900

—

New Perspective Fund®

12/17

12/17

12/18

7.5-9.5

—

5.600-7.000

—

New World Fund®

12/17

12/17

12/18

8.0-11.0

—

8.500-11.600

—

Short-Term Bond Fund of America®

12/31

12/31

1/4/27

—

—

—

—

SMALLCAP World Fund®

12/18

12/18

12/21

10.5-13.5

—

8.500-10.900

—

The Tax-Exempt Bond Fund of America®

12/31

12/31

1/4/27

—

—

—

—

The Tax-Exempt Fund of California®

12/31

12/31

1/4/27

—

—

—

—

U.S. Government Securities Fund®

12/31

12/31

1/4/27

—

—

—

—

Washington Mutual Investors Fund

12/17

12/17

12/18

3.0-5.0

—

2.100-3.300

—

AMERICAN FUNDS® PORTFOLIO SERIES

American Funds® Conservative Growth and Income Portfolio

12/29

12/29

12/30

3.0-6.0

—

0.500-0.800

—

American Funds® Global Growth Portfolio

12/29

12/29

12/30

8.5-10.5

—

2.500-3.000

—

American Funds® Growth and Income Portfolio

12/29

12/29

12/30

9.0-11.0

—

2.100-2.500

—

American Funds® Growth Portfolio

12/29

12/29

12/30

8.0-10.0

—

2.600-3.100

—

American Funds® Moderate Growth and Income Portfolio

12/29

12/29

12/29

6.0-8.0

—

1.300-1.600

—

American Funds® Preservation Portfolio§

12/29

12/29

12/30

—

—

—

—

American Funds® Tax-Aware Conservative Growth and Income Portfolio

12/29

12/29

12/30

0.0-3.0

—

0.000-0.500

—

American Funds® Tax-Exempt Preservation Portfolio§

12/29

12/29

12/30

—

—

—

—

AMERICAN FUNDS® RETIREMENT INCOME PORTFOLIO SERIES

American Funds® Retirement Income Portfolio — Conservative

12/29

12/29

12/30

0.5-2.5

—

0.100-0.300

—

American Funds® Retirement Income Portfolio — Enhanced

12/29

12/29

12/30

5.0-7.0

—

0.900-1.100

—

American Funds® Retirement Income Portfolio — Moderate

12/29

12/29

12/30

3.0-5.0

—

0.500-0.700

—

AMERICAN FUNDS TARGET DATE RETIREMENT SERIES®

American Funds 2070 Target Date Retirement Fund

12/28

12/28

12/29

3.0-6.0

—

0.500-0.800

—

American Funds 2065 Target Date Retirement Fund

12/28

12/28

12/29

5.0-7.0

—

1.100-1.500

—

American Funds 2060 Target Date Retirement Fund®

12/28

12/28

12/29

6.0-8.0

—

1.400-1.700

—

American Funds 2055 Target Date Retirement Fund®

12/28

12/28

12/29

6.0-8.0

—

2.000-2.500

—

American Funds 2050 Target Date Retirement Fund®

12/28

12/28

12/29

6.0-8.0

—

1.600-2.000

—

American Funds 2045 Target Date Retirement Fund®

12/28

12/28

12/29

6.0-8.0

—

1.600-2.000

—

American Funds 2040 Target Date Retirement Fund®

12/28

12/28

12/29

6.0-8.0

—

1.500-1.900

—

American Funds 2035 Target Date Retirement Fund®

12/28

12/28

12/29

5.0-7.0

—

1.200-1.500

—

American Funds 2030 Target Date Retirement Fund®

12/28

12/28

12/29

6.0-8.0

—

1.200-1.500

—

American Funds® 2025 Target Date Retirement Income Fund

12/28

12/28

12/29

6.0-8.0

—

1.100-1.300

—

American Funds® 2020 Target Date Retirement Income Fund

12/28

12/28

12/29

6.0-8.0

—

0.900-1.100

—

American Funds® 2015 Target Date Retirement Income Fund

12/28

12/28

12/29

5.0-7.0

—

0.700-0.900

—

American Funds® 2010 Target Date Retirement Income Fund

12/28

12/28

12/29

5.0-7.0

—

0.700-0.800

—

EXCHANGE-TRADED FUNDS

CGCV — Capital Group Conservative Equity ETF 

12/28

12/28

12/29

—

—

—

—

CGBL — Capital Group Core Balanced ETF 

12/28

12/28

12/29

—

—

—

—

CGCB — Capital Group Core Bond ETF 

12/24

12/24

12/28

—

—

—

—

CGUS — Capital Group Core Equity ETF

12/28

12/28

12/29

—

—

—

—

CGCP — Capital Group Core Plus Income ETF

12/24

12/24

12/28

—

—

—

—

CGDG — Capital Group Dividend Growers ETF

12/28

12/28

12/29

—

—

—

—

CGDV — Capital Group Dividend Value ETF

12/28

12/28

12/29

—

—

—

—

CGGE — Capital Group Global Equity ETF

12/28

12/28

12/29

—

—

—

—

CGGO — Capital Group Global Growth Equity ETF

12/28

12/28

12/29

—

—

—

—

CGGR — Capital Group Growth ETF

12/28

12/28

12/29

—

—

—

—

CGHY — Capital Group High Yield Bond ETF

12/24

12/24

12/28

—

—

—

—

CGIB — Capital Group International Bond ETF (USD-Hedged)

12/24

12/24

12/28

—

—

—

—

CGIC — Capital Group International Core Equity ETF

12/28

12/28

12/29

—

—

—

—

CGIE — Capital Group International Equity ETF

12/28

12/28

12/29

—

—

—

—

CGXU — Capital Group International Focus Equity ETF

12/28

12/28

12/29

—

—

—

—

CGHM — Capital Group Municipal High-Income ETF

12/24

12/24

12/28

0.0-0.5

0.0-0.5

0.000-0.010

0.000-0.050

CGMU — Capital Group Municipal Income ETF

12/24

12/24

12/28

—

—

—

—

CGNG — Capital Group New Geography Equity ETF

12/28

12/28

12/29

—

—

—

—

CGSD — Capital Group Short Duration Income ETF

12/24

12/24

12/28

—

—

—

—

CGSM — Capital Group Short Duration Municipal Income ETF

12/24

12/24

12/28

—

—

—

—

CGUI — Capital Group Ultra Short Income ETF

12/24

12/24

12/28

—

—

—

—

CGGG — Capital Group U.S. Large Growth ETF

12/28

12/28

12/29

—

—

—

—

CGVV — Capital Group U.S. Large Value ETF

12/28

12/28

12/29

—

—

—

—

CGMS — Capital Group U.S. Multi-Sector Income ETF

12/24

12/24

12/28

—

—

—

—

CGMM — Capital Group U.S. Small and Mid Cap ETF

12/28

12/28

12/29

—

—

—

—

PUBLIC-PRIVATE FUNDS

Capital Group KKR Core
Plus+

12/31

12/31

1/4/27

—

—

—

—

Capital Group KKR Multi-Sector+

12/31

12/31

1/4/27

—

—

—

—

Capital Group KKR U.S. Equity+

12/17

12/17

12/18

0.0-0.5

0.0-1.0

0.000-0.050

0.000-0.100

 

Footnotes/Important information:

*Estimated percentage ranges are based on share prices as of July 31, 2026 for Capital Group exchange-traded funds, Class A shares for the American Funds and Class F-3 shares for the public-private funds. These may differ in December due to variability in the funds' share prices between now and the December ex-date.

†Estimated per-share ranges are based on shares outstanding as of July 31, 2026, and may differ in December due to variability in the funds' outstanding shares between now and the December ex-date.

‡Short-term capital gains are treated as ordinary income for tax purposes.

§Effective September 30, 2026, American Funds Preservation Portfolio will be renamed to American Funds Preservation and Income Portfolio and American Funds Tax-Exempt Preservation Portfolio will be renamed to American Funds Tax-Exempt Preservation and Income Portfolio.

For financial professionals only. Not for use with the public.


This material does not constitute legal or tax advice. Investors should consult with their legal or tax advisors.


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.


Use of this website is intended for U.S. residents only.


The guidelines and procedures provided in the Account Resource Center may not apply to networked accounts or accounts not directly held by American Funds. The guidelines and procedures provided also apply only to those retirement accounts or Coverdell ESAs invested in American Funds with Capital Bank and Trust Company (CB&T) as custodian. The guidelines and procedures provided in the Account Resource Center do not apply to plans held in our retirement plan solutions — PlanPremier, PlanPremier-TPA or RecordkeeperDirect. Information on the Account Resource Center may change periodically, and previously printed information may not be current. Please refer to capitalgroup.com for the most current information available.


Financial professionals should always contact their back office to determine if there are any restrictions on the use of American Funds products, tools, services, websites and literature.