Investment Fund

Purchase Restrictions: Class 529-F-1 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
Price at NAV $12.93 as of 12/23/2025 (updated daily)
Fund Assets (millions) $1,867.9
Target Date Solutions Committee Members
8
Expense Ratio
(Gross/Net %)
0.83 / 0.83%
Quarterly Fund Fact Sheet (PDF)
Prospectus

Asset Mix

U.S. Equities55.2%
Non-U.S. Equities21.3%
U.S. Bonds16.8%
Non-U.S. Bonds2.8%
Cash & Equivalents
3.9%
As of 11/30/2025 (updated monthly)

Fund Statistics

4.8 years
Effective Duration
5.6%
Average Yield
to Maturity
5.4%
Average Coupon
% of net assets as of 11/30/2025 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures

Volatility & Return chart is not available for funds less than 10 years old.

Internal Prompt

Returns at NAV

Returns at MOP

Description

Objective
Depending on the proximity to its target date, the fund will seek to achieve the following objectives to varying degrees: growth, income and preservation of capital. The target date is meant to roughly correspond to the year in which the fund beneficiary will start to withdraw funds to meet higher education expenses. The fund will increasingly emphasize income and preservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. In this way, the fund seeks to achieve an appropriate balance of total return and stability during different time periods.

Fund Facts

Fund Inception 3/26/2021
Fund Assets (millions)
As of 11/30/2025
 $1,867.9
Shareholder Accounts
Shareholder accounts are as of 11/30/2025
 1
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2025) 4%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 02629M 173
Fund Number 14136

Returns

Internal Prompt

Month-End Returns as of 11/30/25

Returns at NAV
| at MOP
Read important investment disclosures
CTDFX
S&P 500 Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/25

Growth of 10K

Read important investment disclosures

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.19% 1.66%
Fund at MOP N/A N/A
As of 11/30/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.49 13.86 19.65
S&P 500 Index
4.60 15.30 22.90
Fund as of 9/30/25. Index as of 9/30/25.

Target Date Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
David Hoag 4 33 37
Samir Mathur 4 12 32
Raj Paramaguru 1 12 20
Wesley Phoa 4 26 32
Will Robbins 1 30 33
Jessica Spaly 2 21 26
Shannon Ward 4 8 32
Michelle Black 4 23 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated
(177)
(177)
Expense Within Category
Funds Rated
(104)
(104)
Preservation Within Category
Funds Rated
(4134)
(4134)
Tax Efficiency Within Category
Funds Rated
(177)
(177)
Total Return Within Category
Funds Rated
(177)
(177)
Category Mixed-Asset Target 2040 Funds
KEY
HIGHEST LOWEST
As of 11/30/2025 (updated monthly)

Risk Measures

Fund
Standard Deviation
11.22
Sharpe Ratio
1.05
For the 3 Years ending 11/30/25 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P 500 Index
Morningstar Mod Tgt Risk TR USD
R-squared
93 90
Beta
0.85 1.17
Capture Ratio (Downside/Upside)
85/85 105/129
American Funds Benchmark for the 3 Years ending 11/30/25 (updated monthly).
Morningstar Benchmark for the 3 Years ending 11/30/25 (updated monthly).
U.S. Treasuries/Agencies
3.1%
AAA/Aaa
1.0%
AA/Aa
3.4%
A
2.0%
BBB/Baa
3.0%
BB/Ba
4.0%
B
1.9%
CCC & Below
0.8%
Unrated
0.5%
Cash & equivalents
3.9%
% of net assets as of 11/30/2025 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 20.8%
Industrials 11.3%
Financials 10.1%
Consumer discretionary 8.4%
Health care 8.2%
Communication services 6.6%
Consumer staples 4.1%
Materials 2.5%
Energy 2.0%
Utilities 1.6%
Real estate 0.9%

% of net assets as of 11/30/2025 (updated monthly)

Bonds Breakdown

Geographic Breakdown

Regions
United States
72.0%
Europe
12.1%
Asia & Pacific Basin
7.6%
Other (Including Canada & Latin America)
4.4%
Cash & equivalents
3.9%
% of net assets as of 11/30/2025 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2025

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 12/23/25

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
12/23/25 12/23/25 12/24/25 $0.2163 $0.00 $0.5915 $0.0007 $12.93
2025 Year-to-Date: Dividends Subtotal: $0.2163 Cap Gains Subtotal: $0.5922
Total Distributions: $0.8085

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.21%
Acquired (Underlying) Fund Fees and Expenses 0.37%
Service 12b-1 0.25%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

CTDFX 0.83%
Lipper Mixed-Asset Target 2040 Funds Average
0.69%
Fund as of most recent prospectus. Lipper Category as of 9/30/25 (updated quarterly).