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)
$121,982.3
As of 11/30/25 (updated monthly)
Companies/issuers
943
Holdings of 11/30/25 (updated monthly)
Regular dividends paid
March, June, Sep., Dec.
Capital gains paid
Dec.
Portfolio turnover (%) tooltip: FC_PT definition not found.
50
Fiscal year-end
October
Prospectus date
1/1/25
CUSIP
140193 84 8
Fund number
2412
Portfolio managers
Portfolio managers years of experience are as of the previous calendar year end.
Aline Avzaradel
23 years of investment industry experience
20 years with Capital Group
9 years managing fund
Alfonso Barroso
31 years of investment industry experience
30 years with Capital Group
15 years managing fund
Grant Cambridge
28 years of investment industry experience
28 years with Capital Group
12 years managing fund
Charles Ellwein
33 years of investment industry experience
19 years with Capital Group
4 years managing fund
Returns
Investment results
Total returns for periods ended 11/30/25 (%)
- ●RIREX
- ●Index
| Fund | Daily YTD | 1M | 3M | YTD | 1Y | 3Y | 5Y | 7Y | 10Y | 15Y | 20Y | Lifetime |
|---|
Index data refers to the 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index tooltip: 488 definition not found..
Daily YTD as of 12/22/25.
Fund inception: 7/30/87. Index lifetime is based on inception date of the fund.
Returns greater than one year are annualized.
Success metrics
As of 9/30/25 (updated quarterly)
0
Success Rate (%) tooltip: LSR_success_rate definition not found.
100
| Average rolling monthly return (%) tooltip: LSR_avg_vehicle_return definition not found. | 9.31 |
|---|---|
| Average rolling monthly index return (%) tooltip: LSR_avg_indx_return definition not found. | 8.01 |
| Average outpaced rolling monthly return (%) tooltip: LSR_avg_outp_return definition not found. | 6.22 |
| Average lagging rolling monthly return (%) tooltip: LSR_avg_lag_return definition not found. | -4.20 |
| Average excess rolling monthly return (%) tooltip: LSR_avg_excess_return definition not found. | 1.30 |
Index data refers to the 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index tooltip: 488 definition not found..
Volatility & returns
As of 11/30/25 (updated monthly)
- ●RIREX
- ▲Other CG funds
- ■70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index tooltip: 488 definition not found.
Risk measures
As of 11/30/25 (updated monthly)
| Standard deviation tooltip: SDF definition not found. | |
| RIREX | 8.76 |
| 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index tooltip: 488 definition not found. | — |
| Sharpe ratio tooltip: SRAT definition not found. | |
| RIREX | 0.82 |
| 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index tooltip: 488 definition not found. | 0.95 |
| R-squared tooltip: RSQ_AFR definition not found. | 88 |
| Alpha tooltip: Alpha definition not found. | 1.47 |
| Beta tooltip: BETA_AF definition not found. | 0.90 |
| Information ratio tooltip: informationRatio definition not found. | 0.31 |
| Downside capture ratio tooltip: DCAPRAT definition not found. | 60 |
| Upside capture ratio tooltip: UCAPRAT definition not found. | 65 |
| Tracking error tooltip: TRKERR definition not found. | 3.19 |
| S&P 500 correlation tooltip: indexCorrelation definition not found. | 0.76 |
| MSCI ACWI correlation tooltip: indexCorrelation definition not found. | 0.85 |
Data calculated against the 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index tooltip: 488 definition not found.unless noted otherwise.
Prices & distributions
As of 12/22/25
- Price at nav ($)
- Price change ($)
- Price change (%)
| YTD dividends subtotal ($) | 1.3749 |
| YTD cap gains subtotal ($) | 0.00 |
| YTD total distributions ($) | 1.3749 |
Yield
As of 11/30/25 (updated monthly)
| 12-month distribution rates (at NAV, %) tooltip: DBR definition not found. | 2.81 |
| 30-day SEC yield (gross/net %) tooltip: SECYield definition not found. | 2.72 / 2.72 |
Ratings are based on risk-adjusted returns.
Portfolio Composition
Asset mix
As of 11/30/25 (updated monthly, %)
U.S. Equities | 41.7 |
|---|---|
Non-U.S. Equities | 35.6 |
U.S. Bonds | 15.7 |
Non-U.S. Bonds | 0.8 |
Cash, Equivalents & Other | 6.1 |
U.S. Equities | 41.7 |
|---|---|
Non-U.S. Equities | 35.6 |
U.S Bonds | 15.7 |
Non-U.S. Bonds | 0.8 |
Cash, Equivalents & Other | 6.1 |
Key statistics
% of net assets as of 11/30/25 (updated monthly)
RIREX | INDEX | |
|---|---|---|
Yield to worst (%) tooltip: BS_YTW definition not found. | 4.3 | 4.3 |
Yield to maturity (%) tooltip: BS_YLDMAT definition not found. | 4.4 | 4.3 |
Average coupon (%) tooltip: AVGCOUP definition not found. | 4.0 | 3.6 |
Effective duration (years) tooltip: BS_ED definition not found. | 5.0 | 5.9 |
Spread duration (years) tooltip: spreadDuration definition not found. | 2.7 | 3.2 |
Option adjusted spread (bps) tooltip: BS_OAS definition not found. | 52.9 | 31 |
Duration times spread (bps) tooltip: durationTimesSpread definition not found. | 270 | 208 |
Index data refers to the Bloomberg U.S. Aggregate Index tooltip: 52005 definition not found..
Valuation
As of 9/30/25 (updated quarterly)
| RIREX | INDEX | |
|---|---|---|
| Price/Book tooltip: PBRAT definition not found. | 2.4 | 3.1 |
| Price/Cash flow tooltip: PCRAT definition not found. | 11.2 | 13.0 |
| Price/Earnings tooltip: PERAT definition not found. | 15.5 | 19.2 |
Index data refers to the 70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index tooltip: 488 definition not found..
Morningstar Ownership Zone™
As of 9/30/25 (updated quarterly)
Large Growth
Weighted average of holdings
75% of fund's stock holdings
Morningstar Style Box™
As of 9/30/25 (updated quarterly)
Market capitalization
As of 11/30/25 (updated monthly)
- ●RIREX
- ●Index
STRATEGY | Index | |
|---|---|---|
Highest quintile 1,239,136.3 — 4,249,992 | 7.4% | 20.7% |
Second quintile 216,865.7 — 1,049,094.3 | 18.0% | 20.5% |
Middle quintile 89,608.6 — 212,817.2 | 25.2% | 19.7% |
Fourth quintile 31,171.7 — 88,630 | 25.3% | 19.4% |
Lowest quintile 197.4 — 31,094.5 | 17.5% | 19.6% |
Cash | 6.6% | 0.0% |
Other | 0.0% | 0.0% |
RIREX
$350,568
Index
$871,583
Index data refers to the MSCI All Country World Index (ACWI) tooltip: 240 definition not found..
Top equity holdings
As of 11/30/25 (updated monthly)
| RIREX | Index | |
|---|---|---|
| Broadcom | 4.9% | 2.0% |
| TSMC | 2.3% | 1.2% |
| Philip Morris International | 2.3% | 0.3% |
| British American Tobacco | 2.0% | 0.1% |
| Rtx Corp | 1.9% | 0.3% |
| AbbVie | 1.5% | 0.4% |
| JPMorgan Chase | 1.5% | 0.9% |
| Microsoft | 1.4% | 3.8% |
| Amgen | 1.1% | 0.2% |
| AstraZeneca | 1.1% | 0.3% |
Index data refers to the MSCI ACWI with net dividends reinvested tooltip: 240 definition not found..
Top fixed income issuers
As of 10/31/25 (updated monthly)
RIREX
Index
| RIREX | Index | |
|---|---|---|
| U.S. Treasury | 6.0% | 45.8% |
| Fannie Mae | 2.0% | 0.1% |
| Federal Home Loan Mortgage | 1.4% | 0.5% |
| UMBS | 0.6% | 18.2% |
| Ginnie Mae II | 0.4% | 0.4% |
| PG&E | 0.2% | 0.1% |
| JPMorgan Chase | 0.1% | 0.6% |
| Ford Motor | 0.1% | 0.2% |
| Boeing | 0.1% | 0.1% |
| EchoStar | 0.1% | — |
Index data refers to the Bloomberg U.S. Aggregate Bond Index tooltip: 52005 definition not found..
Portfolio exposures
As of 11/30/25 (updated monthly)
| RIREX (%) | INDEX (%) | ||
|---|---|---|---|
| Energy | 4.5 | 3.4 | |
| Materials | 3.4 | 3.5 | |
| Industrials | 8.7 | 10.5 | |
| Consumer discretionary | 5.0 | 10.2 | |
| Consumer staples | 8.2 | 5.2 | |
| Health care | 8.9 | 9.2 | |
| Financials | 15.1 | 17.1 | |
| Information technology | 11.4 | 27.3 | |
| Communication services | 3.6 | 9.0 | |
| Utilities | 5.9 | 2.6 | |
| Real estate | 2.7 | 1.8 |
Index data refers to the MSCI All Country World Index (ACWI) tooltip: 240 definition not found..
Data shown reflects the top holdings in each sector. The information shown may include affiliates of the same issuer when applicable.
The New Geography of Investing
As of 11/30/25 (updated monthly)
| Region | RIREX (%) | Index (%) |
|---|---|---|
| United States | 53.9 | 64.7 |
| Canada | 3.9 | 3.0 |
| Europe & Middle East | 27.8 | 14.4 |
| Japan | 3.8 | 4.9 |
| Asia-Pacific ex. Japan | 4.0 | 2.2 |
| China | 1.0 | 3.1 |
| Emerging markets ex. China | 5.5 | 7.7 |
| Other | 0.0 | 0.0 |
| Region | RIREX (%) | Index (%) |
|---|---|---|
| United States | 44.3 | 44.6 |
| Canada | 3.8 | 2.7 |
| Europe & Middle East | 19.3 | 14.8 |
| Japan | 3.2 | 4.2 |
| Asia-Pacific ex. Japan | 5.1 | 4.1 |
| China | 7.7 | 10.9 |
| Emerging markets ex. China | 11.2 | 13.9 |
| Other | 5.4 | 4.8 |
| Region | RIREX (%) | Index (%) |
|---|---|---|
| United States | 41.7 | 64.7 |
| Canada | 3.0 | 3.0 |
| Europe & Middle East | 21.6 | 14.4 |
| Japan | 3.0 | 4.9 |
| Asia-Pacific ex. Japan | 3.1 | 2.2 |
| China | 0.8 | 3.1 |
| Emerging markets ex. China | 4.3 | 7.7 |
| Other | 0.0 | 0.0 |
| Cash & equivalents | 6.1 | — |
| Fixed Income | 16.5 | — |
| Region | RIREX (%) | Index (%) |
|---|---|---|
| United States | 53.9 | 64.7 |
| Canada | 3.9 | 3.0 |
| Europe & Middle East | 27.8 | 14.4 |
| Japan | 3.8 | 4.9 |
| Asia-Pacific ex. Japan | 4.0 | 2.2 |
| China | 1.0 | 3.1 |
| Emerging markets ex. China | 5.5 | 7.7 |
| Other | 0.0 | 0.0 |
| Region | RIREX (%) | Index (%) |
|---|---|---|
| United States | 44.3 | 44.6 |
| Canada | 3.8 | 2.7 |
| Europe & Middle East | 19.3 | 14.8 |
| Japan | 3.2 | 4.2 |
| Asia-Pacific ex. Japan | 5.1 | 4.1 |
| China | 7.7 | 10.9 |
| Emerging markets ex. China | 11.2 | 13.9 |
| Other | 5.4 | 4.8 |
| Region | RIREX (%) | Index (%) |
|---|---|---|
| United States | 41.7 | 64.7 |
| Canada | 3.0 | 3.0 |
| Europe & Middle East | 21.6 | 14.4 |
| Japan | 3.0 | 4.9 |
| Asia-Pacific ex. Japan | 3.1 | 2.2 |
| China | 0.8 | 3.1 |
| Emerging markets ex. China | 4.3 | 7.7 |
| Other | 0.0 | 0.0 |
| Cash & equivalents | 6.1 | — |
| Fixed Income | 16.5 | — |
Index data refers to the MSCI All Country World Index (ACWI) tooltip: 240 definition not found..
Fees & Expenses
Fees
As of the most recent prospectus
Annual management fees (%) | 0.23 |
|---|---|
Other expenses (%) | 0.14 |
Service 12b-1 (%) | 0.25 |
Expense ratio
Values shown as percentages (%).
RIREX (gross/net) | 0.62/0.62 |
|---|---|
Morningstar Moderately Aggressive Allocation Retirement, Medium median As of 9/30/25 (updated quarterly) | 1.24 |
Resources
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