Multi-Asset / Allocation
Capital Income Builder®
A globally diversified multi-asset approach to building income. Aims to prudently produce a growing stream of income and current income that exceeds the average yield paid by U.S. companies in general, an approach that may have the potential to generate equity-like returns with relatively less volatility than global markets. This flexible equity-income fund uses a mix of stocks and bonds in pursuit of its objectives.
Overview
Key information
Objective
The fund has two primary investment objectives. It seeks (1) to provide a level of current income that exceeds the average yield on U.S. stocks generally and (2) to provide a growing stream of income over the years. The fund's secondary objective is to provide growth of capital.
Types of investments
Normally, at least 50% of assets will be invested in common stocks of large, established companies with proven records of increasing dividends. May also invest in preferred stocks, convertibles, bonds and cash.
Distinguishing characteristics
This globally diversified fund aims to prudently generate a growing stream of income and current income that exceeds the average yield paid by U.S. companies in general. This flexible equity-income fund uses a mix of stocks and bonds in pursuit of its income objectives, which may have the potential to lead to equity-like returns with relatively less volatility than global markets.
Portfolio restrictions
Normally, at least 90% of the fund's portfolio will be invested in income-producing securities.
Holdings outside the U.S.
May invest up to 50% of assets outside the U.S.
Key facts
Fund inception
7/30/87
Fund assets (millions)
$128,761.3
As of 10/31/26 (updated monthly)
One-year turnover (%) 5
66.0
Regular dividends paid 7
March, June, Sep., Dec.
Capital gains paid 7
Dec.
Fiscal year-end
October
Prospectus date
1/1/26
CUSIP
140193 78 0
Fund number
712
Portfolio managers6
Principal Investment Officer
Portfolio managers6
Principal Investment Officer
Returns
Investment results1, 2
Total returns for periods ended 10/31/26 (%)
- ●CFIHX at NAV
- ●Index
| Daily YTD | 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y | Lifetime |
|---|
Index data refers to the 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index.
Daily YTD as of 11/13/26.Returns greater than one year are annualized.
Fund inception: 7/30/87. Index lifetime is based on inception date of the fund.
Long-term results
As of 10/31/26 (updated monthly, %)
| Average rolling monthly return(%)tooltip: Average rolling return provides the average return for the portfolio across all periods within the specified timeframe. | 9.96 |
|---|---|
| Average rolling monthly index return(%)tooltip: Average rolling index return provides the average return for the index across all periods within the specified timeframe. | 8.25 |
| Average outpaced rolling monthly return(%)tooltip: Average outpaced rolling return is the average percentage the portfolio outpaced the index in periods where the portfolio return was greater than the index for the specified timeframe. | 6.14 |
| Average lagging rolling monthly return(%)tooltip: Average lagged rolling return is the average percentage the portfolio lagged the index in periods where the portfolio return was less than the index for the specified timeframe. | -4.07 |
| Average excess rolling monthly return(%)tooltip: Average excess rolling return is the average of the excess return between the portfolio and the index across all periods for the specified timeframe. | 1.70 |
Volatility & returns
As of 10/31/26 (updated monthly, %)
- ●CFIHX
- ▲Other CG funds
- ■70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index
Risk measures
As of 10/31/26 (updated monthly)
| Standard deviation (%) | |
| CFIHX | 8.45 |
| Index | 9.27 |
| Sharpe ratio | |
| CFIHX | 1.60 |
| Index | 1.35 |
| R-squared (%) | 65.76 |
| Alpha | 4.29 |
| Beta | 0.74 |
| Information ratio | 0.18 |
| Downside capture ratio (%) | 55 |
| Upside capture ratio (%) | 189 |
| Tracking error (%) | 5.50 |
| S&P 500 correlation | 0.64 |
| MSCI ACWI correlation | 0.74 |
Index data, and data calculated against an index, refers to the 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index unless noted otherwise.
Prices & distributions
As of 11/13/26
- Price at nav ($)
- Price change ($)
- Price change (%)
| YTD dividends subtotal | $1.63 |
| YTD cap gains subtotal | $0.00 |
| YTD total distributions | $1.63 |
Find Historical Prices
Find Historical Distributions
Yield
As of 10/31/26 (updated monthly, %)
| 12-month distribution rate (at NAV)8 | 3.01 |
| 30-day SEC yield (gross/net) | 3.16 / 3.16 |
Ratings are based on risk-adjusted returns.
Portfolio composition
Asset class exposure
As of 10/31/26 (updated monthly, %)
U.S. Equities | 41.9 |
|---|---|
Non-U.S. Equities | 35.3 |
U.S. Fixed Income | 17.4 |
Non-U.S. Fixed Income | 1.1 |
Cash and Equivalents10 | 3.0 |
Others and Convertibles11 | 1.3 |
U.S. Equities | 41.9 |
|---|---|
Non-U.S. Equities | 35.3 |
U.S Fixed Income | 17.4 |
Non-U.S. Fixed Income | 1.1 |
Cash and Equivalents | 3.0 |
Others and Convertibles11 | 1.3 |
Key statistics
As of 10/31/26 (updated monthly)
CFIHX | INDEX | |
|---|---|---|
Yield to maturity (%)tooltip: A bond's total return if held to maturity and no default occurs or options are exercised. Assumes coupons are paid on time and accounts for their present value. Assumes principal is returned at maturity. | 5.8 | 5.2 |
Yield to worst (%)tooltip: Lower of Yield to Maturity or the bond's total return if put or call options are exercised prior to maturity but no default occurs. | 5.8 | 5.2 |
Effective duration (years)tooltip: Effective duration is a duration calculation for bonds that takes into account that expected cash flows will fluctuate as interest rates change. | 6.1 | 5.7 |
Spread duration (years)tooltip: A measure of fixed income securities' sensitivity to spread movement. | 3.3 | 3.1 |
Option adjusted spread (bps)tooltip: Option-adjusted spread is a yield-spread calculation used to value securities with embedded options. | 68 | 32 |
Duration times spread (bps)tooltip: A measure of fixed income securities' spread exposure, taking into account both spread duration and credit spread exposure. | 342 | 212 |
Average coupon (%)tooltip: The average coupon is the weighted average coupon rate of all the bond holdings. | 4.6 | 3.8 |
Index data refers to the Bloomberg U.S. Aggregate Index.
Valuation12, 13
As of 10/31/26 (updated monthly)
| CFIHX | INDEX | |
|---|---|---|
| Price/Booktooltip: The price‑to‑book (P/B) ratio is the market‑value‑weighted, harmonic average of the P/B ratios of the individual companies held in the portfolio. The P/B ratio of an individual company compares its market value to the value of its total assets, less total liabilities (book value), as reported. This metric reflects the valuation of the underlying companies held in the portfolio and is not a measure of the portfolio's own share price, NAV, or operating performance. | 3.2 | — |
| Price/Cash flowtooltip: The price‑to‑cash‑flow (P/CF) ratio is the market‑value‑weighted, harmonic average of the P/CF ratios of the individual companies held in the portfolio. This metric reflects how the market values the cash‑generating ability of the underlying companies held in the portfolio and is not a measure of the portfolio's own cash flow, share price, NAV, or operating performance. | 12.1 | — |
| Price/Earningstooltip: The price‑to‑earnings (P/E) ratio is the market‑value‑weighted, harmonic average of the P/E ratios of the individual companies held in the portfolio. This metric reflects the valuation of the underlying companies held in the portfolio and is not a measure of the portfolio's own earnings, share price, NAV, or operating performance. | 18.6 | — |
Index data refers to the —.
Morningstar Ownership Zone™14
As of 9/30/26 (updated quarterly)
Value
Blend
Growth
Large
Mid
Small
Large Value
Weighted average of holdings
75% of fund's stock holdings
Morningstar Style Box™14
As of 9/30/26 (updated quarterly)
Market capitalization
As of 10/31/26 (updated monthly)
- ●CFIHX
- ●Index
CFIHX | Index | |
|---|---|---|
Highest quintile $1,750,956.0 — $4,634,314.0 | 9.8% | 20.8% |
Second quintile $301,956.4 — $1,648,543.3 | 10.6% | 20.0% |
Middle quintile $107,288.6 — $300,415.9 | 31.9% | 20.0% |
Fourth quintile $39,724.8 — $106,939.4 | 25.6% | 19.5% |
Lowest quintile $46.1 — $39,536.2 | 18.5% | 19.7% |
CFIHX
$130,302.0
Index
$192,627.0
Index data refers to the MSCI All Country World Index (ACWI).
Top equity holdings15
As of 10/31/26 (updated monthly, %)
| CFIHX | Index | |
|---|---|---|
| Philip Morris International | 4.1% | 0.3% |
| Taiwan Semiconductor Manufacturing | 4.0% | 1.8% |
| Broadcom | 4.0% | 1.5% |
| AbbVie | 2.9% | 0.5% |
| British American Tobacco | 2.6% | 0.1% |
| RTX | 1.9% | 0.3% |
| Canadian Natural Resources | 1.9% | 0.1% |
| ExxonMobil Holdings | 1.8% | 0.8% |
| Gilead Sciences | 1.6% | 0.2% |
| AstraZeneca | 1.3% | 0.3% |
Top fixed income issuers
As of 9/30/26 (updated monthly, %)
CFIHX
Index
| CFIHX | Index | |
|---|---|---|
| U.S. Treasury | 7.7% | 46.6% |
| Fannie Mae | 1.6% | 0.1% |
| Federal Home Loan Mortgage | 1.0% | 0.4% |
| UMBS | 0.6% | 17.2% |
| Ginnie Mae II | 0.5% | 0.3% |
| Charter Communications | 0.2% | 0.2% |
| JPMorgan Chase | 0.2% | 0.5% |
| Goldman Sachs | 0.1% | 0.4% |
| Morgan Stanley | 0.1% | 0.5% |
| Ford Motor | 0.1% | 0.1% |
Portfolio exposures
As of 9/30/26 (updated monthly, percent)
| Sectors and top holdings | CFIHX (percent) | INDEX (percent) | |
|---|---|---|---|
| Energy | 6.7 | 4.0 | |
| Materials | 4.3 | 3.5 | |
| Industrials | 12.4 | 10.3 | |
| Consumer discretionary | 6.3 | 8.2 | |
| Consumer staples | 10.7 | 4.5 | |
| Health care | 11.5 | 8.4 | |
| Financials | 20.4 | 16.2 | |
| Information technology | 14.6 | 33.2 | |
| Communication services | 3.1 | 8.0 | |
| Utilities | 7.4 | 2.2 | |
| Real estate | 2.6 | 1.5 |
The New Geography of Investing®22
As of 10/31/26 (updated monthly, %)
| Region | CFIHX (%) | Index (%) |
|---|---|---|
| United States | 54.3 | 64.6 |
| Canada | 3.2 | 3.1 |
| Europe & Middle East | 25.2 | 13.8 |
| Japan | 5.7 | 5.1 |
| Asia-Pacific ex. Japan | 2.6 | 2.2 |
| China | 1.2 | 2.2 |
| Emerging markets ex. China | 7.8 | 8.9 |
| Other | 0.0 | — |
| Region | CFIHX (%) | Index (%) |
|---|---|---|
| United States | 45.9 | 46.0 |
| Canada | 3.8 | 2.7 |
| Europe & Middle East | 18.4 | 14.4 |
| Japan | 4.5 | 4.2 |
| Asia-Pacific ex. Japan | 3.8 | 3.2 |
| China | 6.7 | 10.1 |
| Emerging markets ex. China | 11.8 | 14.5 |
| Other | 5.0 | 4.8 |
| Region | CFIHX (%) | Index (%) |
|---|---|---|
| United States | 41.9 | 64.6 |
| Canada | 2.5 | 3.1 |
| Europe & Middle East | 19.5 | 13.8 |
| Japan | 4.4 | 5.1 |
| Asia-Pacific ex. Japan | 2.0 | 2.2 |
| China | 0.9 | 2.2 |
| Emerging markets ex. China | 6.0 | 8.9 |
| Other | 0.0 | — |
| Fixed Income | 18.4 | — |
| Cash & equivalents10 | 3.0 | — |
| Other and convertibles11 | 1.3 | — |
| Region | CFIHX (%) | Index (%) |
|---|---|---|
| United States | 54.3 | 64.6 |
| Canada | 3.2 | 3.1 |
| Europe & Middle East | 25.2 | 13.8 |
| Japan | 5.7 | 5.1 |
| Asia-Pacific ex. Japan | 2.6 | 2.2 |
| China | 1.2 | 2.2 |
| Emerging markets ex. China | 7.8 | 8.9 |
| Other | 0.0 | — |
| Region | CFIHX (%) | Index (%) |
|---|---|---|
| United States | 45.9 | 46.0 |
| Canada | 3.8 | 2.7 |
| Europe & Middle East | 18.4 | 14.4 |
| Japan | 4.5 | 4.2 |
| Asia-Pacific ex. Japan | 3.8 | 3.2 |
| China | 6.7 | 10.1 |
| Emerging markets ex. China | 11.8 | 14.5 |
| Other | 5.0 | 4.8 |
| Region | CFIHX (%) | Index (%) |
|---|---|---|
| United States | 41.9 | 64.6 |
| Canada | 2.5 | 3.1 |
| Europe & Middle East | 19.5 | 13.8 |
| Japan | 4.4 | 5.1 |
| Asia-Pacific ex. Japan | 2.0 | 2.2 |
| China | 0.9 | 2.2 |
| Emerging markets ex. China | 6.0 | 8.9 |
| Other | 0.0 | — |
| Fixed Income | 18.4 | — |
| Cash & equivalents10 | 3.0 | — |
| Other and convertibles11 | 1.3 | — |
Index data refers to the MSCI All Country World Index (ACWI).
Fees & expenses
Fees
As of the most recent prospectus (%)
Annual management fees | 0.22 |
|---|---|
Other expenses | 0.04 |
12b-1 | n/a |
Expense ratio
Values shown as percentages (%)
CFIHX (gross/net)3 | 0.26/0.26 |
|---|---|
Morningstar Moderately Aggressive Allocation Institutional median23 As of 9/30/26 (updated quarterly) | 0.76 |
Resources
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EXPLORE RESOURCESFigures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely.
Prices and returns will vary, so investors may lose money.
View mutual fund expense ratios and returns.
View current mutual fund SEC yields.
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/or summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch, as an indication of an issuer's creditworthiness.
Unless otherwise noted below, if agency ratings differ, a security will be considered to have received the highest of those ratings, consistent with applicable investment policies. Securities in the Unrated category have not been rated by any of the rating agencies referenced above; however, the investment adviser performs its own credit analysis and assigns comparable ratings that are used for compliance with applicable investment policies.
The return of principal for bond portfolios and portfolios with significant underlying bond holdings is not guaranteed. Investments are subject to the same interest rate, inflation and credit risks associated with the underlying bond holdings.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries.
There have been periods when the results lagged the index(es) and/or average(s).
The indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
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Portfolios are managed, so holdings will change.
Certain fixed income and/or cash and equivalents holdings may be held through mutual funds managed by the investment adviser or its affiliates that are not offered to the public.
Totals may not reconcile due to rounding and/or cash flows.
Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
When applicable, results reflect fee waivers and/or expense reimbursements, without which they would have been lower and net expenses higher.
For mutual funds, read details about how waivers and/or reimbursements affect the results for each fund.
View results and yields without fee waiver and/or expense reimbursement.
Certain share classes were offered after the inception dates of some funds. Results for these shares prior to the dates of first sale are hypothetical based on the original share class results without a sales charge, adjusted for typical estimated expenses.
- Class F-3 shares were first offered on 1/27/2017.
1.
YTD (year-to-date return): For the period from January 1 of the current year to the date shown or from inception date if first offered after January 1 of the current year.
2.
When applicable, returns for less than one year are not annualized, but calculated as cumulative total returns.
3.
Expense ratios are as of each fund's prospectus/characteristics statement, as applicable, available at the time of publication.
4.
Market capitalization data is provided by FactSet. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.
5.
Portfolio turnover is as of the most recent prospectus/characteristics statement, as applicable.
6.
Reflects current team at the time of publication. Years of experience in investment industry and Capital Group are as of the most recent year end.
7.
The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
8.
The distribution rate reflects the fund's past dividends paid to shareholders and may differ from the fund's SEC yield which reflects the rate at which the fund is earning income on its current portfolio of securities. The distribution rate reflects fee waivers and/or expense reimbursements in effect during the period. Without waivers and/or reimbursements, it would be reduced.
9.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past results are not a guarantee of results in future periods. The Morningstar Ratings are based on the share classes of each underlying fund held by the series; other underlying fund share classes may have different performance characteristics.
10.
Includes cash, short-term securities, other assets less liabilities, and certain accruals. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
11.
May include forwards, options on forwards, warrants, and convertible securities.
12.
Calculated using FactSet, valuation metrics can produce extreme values due to small denominators. To consistently limit the influence of these extremes on aggregate statistics, the inverse interquartile method is used.
13.
For price-to-earnings ratios, negative values have been excluded.
14.
Read more information about Morningstar Style Box methodology.
The Morningstar Ownership Zone™ provides detail about a portfolio's equity investment style by showing the range of stock sizes and styles. A portfolio's Ownership Zone™ is derived by plotting each stock in the fund's portfolio within the proprietary Morningstar Style Box™. The shaded area represents the center 75% of the fund's assets, and it provides an intuitive visual representation of the area of the market in which the fund invests. A "centroid" plot in the middle of the Ownership Zone represents the weighted average of all the fund's holdings. A fund that is concentrated will have a small ownership zone relative to the area of the style box, and broadly diversified fund will have an ownership zone that stretches across many sizes and style. Over a period of time, the shape and location of a fund's ownership zone may vary.
The model for the fixed-income style box is based on the two pillars of fixed-income performance: interest-rate sensitivity and credit quality. The three interest sensitivity groups are limited, moderate and extensive and the three credit quality groups are high, medium and low. These groupings display a portfolio's effective duration and third party credit ratings to provide an overall representation of the fund's risk orientation given the sensitivity to interest rate and credit rating of bonds in the portfolio.
15.
The information shown does not include cash and cash equivalents. This includes shares of money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
16.
Includes cash, short-term securities, other assets less liabilities, and certain accruals. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
17.
Portfolio market value reflect risk notional values. Risk notional is the value of the underlying asset at the current market price for a derivatives trade.
18.
The offset represents positions within the portfolio used to offset risk and is -1 multiplied by the total of all notional values.
19.
Asset-backed securities (ABS) "Other" may include collateralized home obligations, home equity, student loans and other uncategorized securities.
20.
Rating exposure ”Other” may include equities, rights, warrants, preferreds, convertibles, forwards and FX (foreign exchange) options.
21.
Includes cash, short-term securities, other assets less liabilities, and may include accrued income. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
22.
Figures include convertible securities. The equity breakdown by revenue reflects the portfolio's publicly traded equity holdings and excludes cash (and fixed income securities, if applicable). Underlying revenue data were compiled by MSCI and account for disparities in the way companies report their revenues across geographic segments. MSCI breaks out each company's reported revenues into country-by-country estimates. MSCI provides revenue data figures based on a proprietary, standardized model. Revenue exposure at the portfolio and index level was calculated by using FactSet, which takes these company revenue exposures and multiplies by the company's weighting in the portfolio and index. In this breakdown, Israel has been included in Europe.
23.
Source for Morningstar expense ratio comparison: Morningstar, based on Morningstar Moderately Aggressive Allocation Institutional median funds' most recent fiscal year-ends available as of the most recent quarter-end.
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