Figures 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.

Composite net returns are calculated by deducting from the monthly ["pure"] gross returns a model fee equivalent to an annual fee, as noted below. Actual fees will vary. For information concerning program sponsor fees, contact your financial professional.

Fixed income SMA composite net results annual fee - 1.50%

Equity SMA composite net results annual fee - 3%

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional securities, such as stocks and bonds.

Lower rated bonds are subject to greater fluctuations in value and risk of loss of income and principal than higher rated bonds.

The return of principal for bond portfolios and for 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.

Income from municipal bonds may be subject to state or local income taxes and/or the federal alternative minimum tax. Certain other income, as well as capital gain distributions, may be taxable. 

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.

MSCI has not approved, reviewed or produced this report, makes no express or implied warranties or representations and is not liable whatsoever for any data in the report. You may not redistribute the MSCI data or use it as a basis for other indices or investment products.

Source: Bloomberg Index Services Limited. BLOOMBERG® is a trademark and service mark of Bloomberg Finance L.P. and its affiliates (collectively "Bloomberg"). Bloomberg or Bloomberg's licensors own all proprietary rights in the Bloomberg Indices. Neither Bloomberg nor Bloomberg's licensors approves or endorses this material, or guarantees the accuracy or completeness of any information herein, or makes any warranty, express or implied, as to the results to be obtained therefrom and, to the maximum extent allowed by law, neither shall have any liability or responsibility for injury or damages arising in connection therewith.

Each S&P Index ("Index") shown is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Capital Group. Copyright © 2025 S&P Dow Jones Indices LLC, a division of S&P Global, and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part is prohibited without written permission of S&P Dow Jones Indices LLC.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses.

Results and results-based figures shown are preliminary and subject to change.

1. Gross composite results do not reflect the deduction of fees and expenses; results would have been lower if they were subject to fees and expenses.
2. "Pure" gross composite returns do not reflect the deduction of any trading costs, fees or expenses; results would have been lower if they were subject to fees and expenses. (Capital Group Global Equity, Capital Group International Equity, Capital Group U.S. Equity, Capital Group World Dividend Growers)
3. Prior to 1/1/2016, the composite includes results that are net of trading expenses. Beginning 1/1/2016, the composite includes results for portfolios with both “pure” gross results and portfolios with gross results net of trading expenses. (Capital Group Core Bond, Capital Group U.S. Intermediate Bond)
4. Prior to 1989, results were calculated on an equal-weighted basis. (Capital Group International Equity, Capital Group U.S. Equity)

5. Each SMA composite consists of all unrestricted, discretionary SMA portfolios that are managed according to their investment strategies. Information for the composites is listed below.
   
   - Capital Group Short Municipal SMA Composite inception: 3/1/2017
   - Capital Group Intermediate Municipal SMA Composite inception: 3/1/2017
   - Capital Group Long Municipal SMA Composite inception: 3/1/2017
   
   For certain SMA composites, the composite includes all SMA portfolios applicable to its strategy beginning on the composite's inception date.
   
   - Capital Group U.S. Equity SMA Composite inception: 9/1/2009 (U.S. Equity strategy)
   - Capital Group U.S. Growth SMA Composite inception: 8/1/2016 (U.S. Growth strategy)
   - Capital Group U.S. Flexible Growth SMA Composite inception: 9/1/2020 (U.S. Flexible Growth strategy)
   - Capital Group Global Equity SMA Composite inception: 9/1/2011 (Global Equity strategy)
   - Capital Group Global Growth SMA Composite inception: 7/1/2017 (Global Growth strategy)
   - Capital Group International Equity SMA Composite inception: 7/1/2012 (International Equity strategy)
   - Capital Group International Growth SMA Composite inception: 9/1/2017 (International Growth strategy)
   - Capital Group U.S. Conservative Growth and Income SMA Composite inception: 9/1/2020 (U.S. Conservative Growth and Income strategy)
   - Capital Group U.S. Income and Growth SMA Composite inception: 9/1/2016 (U.S. Income and Growth strategy)
   - Capital Group U.S. Core SMA Composite inception: 3/1/2017 (U.S. Core strategy)
   - Capital Group U.S. Flexible Growth and Income SMA Composite inception: 9/1/2020 (U.S. Flexible Growth and Income strategy)
   - Capital Group World Dividend Growers SMA Composite inception: 9/1/2013 (World Dividend Growers strategy)
   - Capital Group U.S. Intermediate Bond SMA Composite inception: 3/1/2013 (U.S. Intermediate Bond strategy
   - Capital Group U.S. Core Bond SMA Composite inception: 10/1/2024 (U.S. Core Bond strategy)

   For certain strategies, results prior to the SMA composite's inception date are based on a different composite since no SMA portfolios were managed according to their investment strategies. Results presented for those are based on returns which contain non-SMA similar strategy portfolios and are described below.
   
   - U.S. Equity strategy: Capital Group Private Client Services U.S. Equity Composite inception 10/1/1974 through 8/31/2009
   - U.S. Growth strategy: Capital Group AMCAP Composite inception 5/31/1967 through 7/31/2016
   - U.S. Flexible Growth strategy: Capital Group Growth Fund of America Composite inception 11/30/1973 through 8/31/2020
   - Global Equity strategy: Capital Group Private Client Services (CGPCS) Global Equity Composite inception 4/1/1992 through 8/31/2011
   - Global Growth strategy: Capital Group New Perspective Composite inception 3/31/1973 through 6/30/2017
   - International Equity strategy: Capital Group Private Client Services International Equity Composite inception 1/1/1987 through 6/30/2012
   - International Growth strategy: Capital Group EuroPacific Growth Composite inception 4/30/1984 through 8/31/2017
   - U.S. Conservative Growth and Income strategy: Capital Group American Mutual Composite inception 2/28/1950 through 8/31/2020
   - U.S. Income and Growth strategy: Capital Group Washington Mutual Composite inception 7/31/1952 through 8/31/2016
   - U.S. Core strategy: Capital Group Investment Company of America Composite inception 12/31/1933 through 2/28/2017
   - U.S. Flexible Growth and Income strategy: Capital Group American Mutual Composite inception 7/31/1978 through 8/31/2020
   - World Dividend Growers strategy: Capital Group World Dividend Growers Composite inception 6/30/2012 through 8/31/2013
   - U.S. Intermediate Bond strategy: Capital Group Private Client Services Core Bond Composite inception 12/31/1995 through 2/28/2013
   - U.S. Core Bond strategy: Capital Group U.S. Core Fixed Income Composite inception 1/1/1973 through 9/30/2024

   As of 1/1/2019 (6/1/2019 for U.S. Intermediate Bond SMA and muni composites), only unrestricted portfolios are included in composites for all SMAs except Capital Group U.S. Flexible Growth, Capital Group U.S. Conservative Growth and Income, and Capital Group U.S. Flexible Growth and Income. Prior to 1/1/2019 (6/1/2019 for U.S. Intermediate Bond SMA and muni composites), both restricted and unrestricted portfolios were included for all SMAs except Capital Group U.S. Flexible Growth, Capital Group U.S. Conservative Growth and Income, and Capital Group U.S. Flexible Growth and Income.

    

    

6. Past results are not predictive of results in future periods.
7. Returns are in USD, are asset weighted, and reflect the reinvestment of dividends, interest and other earnings (net of withholding taxes).
8. When applicable, returns for less than one year are not annualized, but calculated as cumulative total returns.
9. 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.

Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.

For Capital Group Short Municipal, Capital Group Intermediate Municipal and Capital Group Long Municipal, new accounts may require more than 4 - 8 weeks to be fully invested.