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

Summary

Internal Prompt
A flexible approach to growth-and-income investing. With an emphasis on growth over income, the strategy seeks undervalued and overlooked opportunities, investing in companies with high-quality products and leading market shares with the underappreciated potential for growth in sales, earnings and dividends.
Price at NAV $78.83 as of 3/14/2025 (updated daily)
Fund Assets (millions) $142,232.8
Portfolio Managers
1
8
Expense Ratio
(Gross/Net %)
2
0.70 / 0.70%
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Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities82.5%
Non-U.S. Equities14.9%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
3,4
2.6%
As of 2/28/2025 (updated monthly)

Growth of 10K
5

High & Low Prices

Market Capitalization

79.6%
Large
18.2%
Medium
2.3%
Small
$681,685.00 Million
Weighted Average
6


As of 12/31/2024 (updated quarterly). FactSet data as of 12/31/2024 (updated quarterly).

Morningstar Ownership ZoneTM
7

Large Blend
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 12/31/24 (updated quarterly)

Description

Fund Objective
The fund's investment objective is to achieve long-term growth of capital and income.
Distinguishing Characteristics
With an emphasis on growth over income, the strategy seeks undervalued and overlooked opportunities. It invests in companies with high-quality products and leading market shares with the underappreciated potential for growth in sales, earnings and dividends. It has the flexibility to invest a sizeable portion of its assets outside of the U.S.
Types of Investments
The fund primarily invests in common stocks or securities convertible into common stocks, bonds, U.S. government securities and cash.
Holdings Outside the U.S.
May invest up to 35% of its assets in securities of issuers that are domiciled outside the United States.
Portfolio Restrictions
The fund may invest up to 5% of assets in debt securities rated Ba and BB or below (or unrated, but determined by the fund’s investment adviser to be of equivalent quality).

Fund Facts

Fund Inception 8/01/1978
Fund Assets (millions)
As of 2/28/2025
$142,232.8
Companies/Issuers
Holdings are as of 2/28/2025 (updated monthly).
214+
Shareholder Accounts
Shareholder accounts are as of 2/28/2025
1
Regular Dividends Paid
8
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
8
Jun, Dec
Portfolio Turnover (2024) 28%
Fiscal Year-End Dec
Prospectus Date 03/01/2025
CUSIP 360802 88 8
Fund Number 1410

Returns

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Month-End Returns as of 2/28/25

Quarter-End Returns as of 12/31/24

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Volatility & Return

Read important investment disclosures

Equities

For Class 529-F-1 Shares, this chart tracks the 10-year standard deviation
10
and 10-year annualized return of the equity funds
CFNFX
S&P 500 Index
Other AF Funds
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

Prices and returns will vary, so investors may lose money. View .

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 , which can be obtained from a financial professional and should be read carefully before investing. Similar information is contained in the , which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by Capital Client Group, Inc., and sold through unaffiliated intermediaries.

Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits, such as financial aid, scholarship funds and protection from creditors, not available through CollegeAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor. CollegeAmerica is a nationwide plan sponsored by Commonwealth Savers. 

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.

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.

While not directly correlated to changes in interest rates, the values of inflation-linked bonds generally fluctuate in response to changes in real interest rates and may experience greater losses than other debt securities with similar durations.

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.

Investments in mortgage-related securities involve additional risks, such as prepayment risk.

Interests in Capital Group's U.S. Government Securities portfolios are not guaranteed by the U.S. government.

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

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

  1. Calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.

Capital Client Group, Inc.

Use of this website is intended for U.S. residents only.

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.

© 2025 Morningstar, Inc. All Rights Reserved. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor Capital Group are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.

Terms and Definitions

Standard Deviation: Annualized standard deviation (based on monthly returns) is a common measure of absolute volatility that tells how returns over time have varied from the mean. A lower number signifies lower volatility.

Standard Deviation as of 02/28/2025 (updated monthly) . Annualized return as of 02/28/2025 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
11
30-day SEC Yield
Fund at NAV 1.17% 1.02%
Fund at MOP N/A N/A
As of 2/28/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.89 11.66 19.80
S&P 500 Index
4.30 15.70 21.80
Fund as of 12/31/24. Index as of 12/31/24.

Portfolio Management
1

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Julian N. Abdey 7 22 29
Paul Benjamin 8 19
Mark L. Casey 14 24
Mathews Cherian 9 21 28
Brady L. Enright 19 28 36
Irfan M. Furniturewala 6 24
Dimitrije M. Mitrinovic 5 17 23
Diana Wagner 7 24 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM
12


Overall Morningstar RatingTM
Funds rated(1275)
3-yr. Morningstar RatingTM
(1275 funds rated)
5-yr. Morningstar RatingTM
(1173 funds rated)
10-yr. Morningstar RatingTM
(884 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Large Blend
Ratings are based on risk-adjusted returns as of 2/28/2025 (updated monthly).

Risk Measures

Fund
Standard Deviation
10
15.05
Sharpe Ratio
10
0.70
For the 10 Years ending 2/28/25 (updated monthly).
American Funds/
Morningstar Benchmark
10
S&P 500 TR USD
R-squared 96
Beta 0.97
Capture Ratio (Downside/Upside) 100/97
American Funds and Morningstar Benchmark for the 10 Years ending 2/28/25 (updated monthly).
Active Share
10
55.7%
As of 12/31/24 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 24.9%
Industrials 13.5%
Financials 13.5%
Health care 10.6%
Consumer discretionary 9.7%
Consumer staples 8.1%
Communication services 7.6%
Energy 2.8%
Materials 2.6%
Utilities 2.4%
Real estate 1.7%

% of net assets as of 2/28/2025 (updated monthly)

Top Equities

Broadcom
6.2%
Microsoft
5.3%
Philip Morris International
4.0%
Amazon.com
3.3%
Meta Platforms
2.9%
Alphabet
2.8%
TransDigm Group
2.7%
NVIDIA
2.6%
TSMC
2.1%
Eli Lilly
1.8%

% of net assets as of 2/28/2025 (updated monthly)

Geographic Breakdown

United States
82.5%
Europe
6.8%
Asia & Pacific Basin
3.7%
Other (Including Canada & Latin America)
4.5%
Cash & equivalents
4
2.6%
% of net assets as of 2/28/2025 (updated monthly)

The New Geography of Investing ®
13

Regions Fund
S&P 500 Index
United States 84.7% 100.0%
Canada 3.9% 0.0%
Europe 6.9% 0.0%
Emerging Markets 4.4% 0.0%

% of net assets as of 2/28/2025 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
S&P 500 Index
United States 82.5% 100.0%
Canada 3.8% 0.0%
Europe 6.8% 0.0%
Emerging Markets 4.3% 0.0%
Cash & Equivalents
4
2.6% --

% of net assets as of 2/28/2025 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

Historical Prices Year-End

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Historical Distributions as of 03/14/25

2025
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/12/25 03/12/25 03/13/25 $0.1965 $0.00 $0.00 $0.00 $78.10
2025 Year-to-Date: Dividends Subtotal: $0.1965 Cap Gains Subtotal: $0.00
Total Distributions: $0.1965

Fees & Expenses

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Fees

Annual Management Fees 0.24%
Other Expenses 0.21%
Service 12b-1 0.25%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio
2

CFNFX 0.70%
Lipper Growth & Income Funds Average
14
0.96%
Fund as of most recent prospectus. Lipper Category as of 12/31/24 (updated quarterly).