American Funds Tax-Aware Conservative Growth and Income Portfolio - A | American Funds

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RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1, 2 OR 754

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

Portfolio Series

SM

Overview

Internal Prompt
Seeking tax-exempt income. Through exposure to a diverse mix of municipal bonds and dividend-paying companies, this fund of funds seeks to help investors grow their assets while also providing some tax-exempt income.
Price at NAV $14.91 as of 8/12/2022 (updated daily)
Fund Assets (millions) $4,559.2
Portfolio Solutions Committee Members
7
Expense Ratio
0.64%

Underlying Funds

Dividend Income and Appreciation 49.5%
American Mutual Fund ® 15%
Capital World Growth and Income Fund ® 19.6%
Washington Mutual Investors Fund SM 14.9%
Income and Preservation 15.2%
The Tax-Exempt Bond Fund of America ® 15.2%
Total Return Fixed Income 25.2%
American High-Income Municipal Bond Fund ® 25.2%
Capital Preservation 10.1%
Limited Term Tax-Exempt Bond Fund of America ® 10.1%
As of 7/31/2022 (updated monthly)

Asset Mix

U.S. Equities34.8%
Non-U.S. Equities11.0%
U.S. Bonds44.4%
Non-U.S. Bonds0.1%
Cash & Equivalents
9.7%
U.S. Equities34.8%
Non-U.S. Equities11.0%
U.S. Bonds44.4%
Non-U.S. Bonds0.1%
Cash & Equivalents
9.7%
As of 7/31/2022 (updated monthly)

Fund Statistics

7.2 years
Effective Duration
3.9%
Average Yield
to Maturity
3.9%
Average Coupon
% of net assets as of 6/30/2022 (updated quarterly)

Market Capitalization

87.4%
Large
12.3%
Medium
0.4%
Small
$106,467.87 Million
Weighted Average


As of 6/30/2022 (updated quarterly). Morningstar data as of 6/30/2022 (updated quarterly).
Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class A Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
TAIAX
American Funds Tax-Aware Conservative Growth and Income Portfolio Index Blend
Other AF Funds
Standard Deviation as of 07/31/2022 (updated monthly) . Annualized return as of 07/31/2022 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Returns at NAV

Returns at MOP

Read important investment disclosures
-9.20%
1-year return
4.80%
5-year return
6.47%
10-year return
2.08%
30-Day SEC Yield
Returns as of 7/31/22 (updated monthly). Yield as of 7/31/22 (updated monthly).

Description

Objective
The fund's investment objective is to provide current income, a portion of which is exempt from regular federal income tax, while secondarily striving for long-term growth of capital.
Distinguishing Characteristics
The fund will attempt to achieve 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 bond funds, balanced funds, equity income funds, growth-and-income funds and growth funds.
Portfolio Restrictions
The fund will seek to generate a material portion of its current income from underlying funds that invest in bonds that are exempt from regular income tax, such as municipal bonds.

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 7/31/2022
$4,559.2
Companies/Issuers
Holdings are as of 6/30/2022 (updated quarterly).
2749+
Shareholder Accounts
Shareholder accounts are as of 7/31/2022
43,077
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2021) 0%
Fiscal Year-End Oct
Prospectus Date 01/01/2022
CUSIP 02630Y 62 0
Fund Number 46

Returns

Internal Prompt

Month-End Returns as of 7/31/22

TAIAX
American Funds Tax-Aware Conservative Growth and Income Portfolio Index Blend

Quarter-End Returns as of 6/30/22

Growth of 10K

Read important investment disclosures
For Class A Shares, this chart tracks a hypothetical investment with dividends reinvested through 12/31/2021.
TAIAX
American Funds Tax-Aware Conservative Growth and Income Portfolio Index Blend

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 2.09% N/A
Fund at MOP 2.01% 2.08%
As of 7/31/2022 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 2.48 8.21 13.49
American Funds Tax-Aware Conservative Growth and Income Portfolio Index Blend
-- -- --
Fund as of 6/30/22. Index as of --.

Portfolio Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alan N. Berro 10 31 36
Michelle J. Black 2 20 27
Samir Mathur 2 9 29
Wesley K. Phoa 10 23 28
John R. Queen 2 20 32
William L. Robbins 2 27 30
Andrew B. Suzman 10 28
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Portfolio Composition

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(427)
3-yr. Morningstar RatingTM
(427 funds rated)
5-yr. Morningstar RatingTM
(392 funds rated)
10-yr. Morningstar RatingTM
(284 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category Allocation--30% to 50% Equity
Ratings are based on risk-adjusted returns as of 7/31/2022 (updated monthly).
Internal Prompt

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated

(541)

(541)

(489)

(388)
Expense Within Category
Funds Rated

(132)

(132)

(121)

(113)
Preservation Within Category
Funds Rated

(4604)

(4604)

(4039)

(2406)
Tax Efficiency Within Category
Funds Rated

(542)

(542)

(490)

(389)
Total Return Within Category
Funds Rated

(542)

(542)

(490)

(389)
Category Mixed-Asset Target Allocation Moderate
KEY
HIGHEST LOWEST
As of 7/31/2022 (updated monthly)

Risk Measures

Fund
Standard Deviation
6.94
Sharpe Ratio
0.90
For the 10 Years ending 7/31/22 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
American Funds Tax-Aware Conservative Growth and Income Portfolio Index Blend
Morningstar Mod Tgt Risk TR USD
R-squared 83 92
Beta 0.46 0.77
Capture Ratio (Downside/Upside) 47/49 73/86
American Funds Benchmark for the 10 Years ending 6/30/22 (updated quarterly).
Morningstar Benchmark for the 10 Years ending 7/31/22 (updated monthly).
AAA/Aaa
4.2%
AA/Aa
11.8%
A
9.9%
BBB/Baa
6.1%
BB/Ba
3.2%
B
0.8%
CCC & Below
0.3%
Unrated
8.8%
Cash & equivalents
9.0%
% of net assets as of 6/30/2022 (updated quarterly)

Average Life Breakdown

0-4.9 Years
19.5%
5-9.9 Years
16.9%
10-19.9 Years
3.2%
20-29.9 Years
3.0%
30+ Years
0.7%
% of net assets as of 3/31/2022 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Health care 8.5%
Information technology 7.8%
Financials 6.7%
Industrials 5.3%
Consumer staples 3.5%
Consumer discretionary 3.3%
Energy 3.1%
Communication services 2.5%
Utilities 2.1%
Materials 2.1%
Real estate 0.9%

% of net assets as of 6/30/2022 (updated quarterly)

Bonds Breakdown

Go to the underlying fund pages to see detailed holdings information.

Geographic Breakdown

United States
79.7%
Europe
5.5%
Asia & Pacific Basin
3.5%
Other (Including Canada & Latin America)
2.4%
Cash & equivalents
9.0%
% of net assets as of 6/30/2022 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 08/12/22

2022
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/29/22 03/29/22 03/30/22 $0.0662 $0.00 $0.00 $0.00 $15.56
06/28/22 06/28/22 06/29/22 $0.0798 $0.00 $0.00 $0.00 $14.17
2022 Year-to-Date: Dividends Subtotal: $0.146 Cap Gains Subtotal: $0.00
Total Distributions: $0.146

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.04%
Acquired (Underlying) Fund Fees and Expenses 0.30%
Service 12b-1 0.30%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

TAIAX 0.64%
Lipper Mixed-Asset Target Allocation Moderate Funds Average
1.13%
Fund as of most recent prospectus. Lipper Category as of 6/30/22 (updated quarterly).

Resources

Literature