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

Summary

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A durable multi-asset approach to income. The focus on dividend-paying stocks and fixed income may lead to low volatility and attractive downside resilience. This flexible equity-income fund uses a mix of stocks and bonds, including high-yield debt.
Price at NAV $25.13 as of 3/14/2025 (updated daily)
Fund Assets (millions) $130,018.3
Portfolio Managers
1
11
Expense Ratio
(Gross/Net %)
2
0.70 / 0.70%
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities49.3%
Non-U.S. Equities23.0%
U.S. Bonds19.8%
Non-U.S. Bonds2.6%
Cash & Equivalents
3,4
5.2%
As of 2/28/2025 (updated monthly)

Growth of 10K
5

High & Low Prices

Market Capitalization

74.1%
Large
23.7%
Medium
2.2%
Small
$230,231.00 Million
Weighted Average
6


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

Morningstar Ownership ZoneTM
7

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

Fund Statistics

4.6 years
Effective Duration
6.1%
Average Yield
to Worst
5.4%
Average Coupon
% of net assets as of 2/28/2025 (updated monthly)

Morningstar Style BoxTM— Fixed-Income
8

Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as of 12/31/24 (updated quarterly)

Description

Fund Objective
The fund's investment objectives are to provide you with current income while secondarily striving for capital growth.
Distinguishing Characteristics
This income fund focuses on dividend-paying stocks and fixed income, which may lead to low volatility and attractive downside resilience. The fund uses a mix of stocks and bonds, including high-yield debt, and may invest in equities outside of the U.S.
Types of Investments
Invests primarily in common or preferred stocks, convertible securities, bonds, U.S. and other government securities, cash and cash equivalents.
Holdings Outside the U.S.
The fund may invest up to 30% of assets in equities of companies outside the U.S. and up to 10% of assets in fixed-income securities outside the U.S. that are denominated in U.S. dollars.
Portfolio Restrictions
The fund may invest up to 20% of its assets in lower quality, higher yielding nonconvertible debt securities (rated Ba1 and BB+ or below, or unrated, but determined by the fund's investment adviser to be of equivalent quality).

Fund Facts

Fund Inception 12/01/1973
Fund Assets (millions)
As of 2/28/2025
$130,018.3
Companies/Issuers
Holdings are as of 2/28/2025 (updated monthly).
1157+
Shareholder Accounts
Shareholder accounts are as of 2/28/2025
1
Regular Dividends Paid
9
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
9
Dec
Portfolio Turnover (2024) 92%
Fiscal Year-End Jul
Prospectus Date 10/01/2024
CUSIP 453320 88 9
Fund Number 1406

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
For Class 529-F-1 Shares, this chart tracks the 10-year standard deviation
11
and 10-year annualized return of the equity funds
CIMFX
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate 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
12
30-day SEC Yield
Fund at NAV 3.93% 3.46%
Fund at MOP N/A N/A
As of 2/28/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 2.36 9.67 14.72
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate 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
Hilda L. Applbaum 27 30 41
Pramod Atluri 7 9 21
David A. Daigle 18 30
M. Taylor Hinshaw 3 23
Dimitrije M. Mitrinovic 6 17 23
John R. Queen 4 23 35
Caroline Randall 4 19 27
Anirudh Samsi 9 20 24
Andrew B. Suzman 25 31
Justin Toner 6 23 32
Shannon Ward 7 8 32
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
13


Overall Morningstar RatingTM
Funds rated(290)
3-yr. Morningstar RatingTM
(290 funds rated)
5-yr. Morningstar RatingTM
(262 funds rated)
10-yr. Morningstar RatingTM
(215 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category Moderately Aggressive Allocation
Ratings are based on risk-adjusted returns as of 2/28/2025 (updated monthly).

Risk Measures

Fund
Standard Deviation
11
10.21
Sharpe Ratio
11
0.54
For the 10 Years ending 2/28/25 (updated monthly).
American Funds
Benchmark
14
Morningstar
Benchmark
11
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
Morningstar Mod Tgt Risk TR USD
R-squared 84 91
Beta 0.88 0.97
Capture Ratio (Downside/Upside) 94/87 98/104
American Funds Benchmark for the 10 Years ending 2/28/25 (updated monthly).
Morningstar Benchmark for the 10 Years ending 2/28/25 (updated monthly).
U.S. Treasuries/Agencies
6.4%
AAA/Aaa
20.6%
AA/Aa
2.3%
A
9.2%
BBB/Baa
14.3%
BB/Ba
27.4%
B
13.4%
CCC & Below
4.9%
Unrated
1.6%
% of net assets as of 2/28/2025 (updated monthly)

Average Life Breakdown

0-4.9 Years
14.1%
5-9.9 Years
7.2%
10-19.9 Years
1.1%
20-29.9 Years
0.6%
30+ Years
0.1%
% of net assets as of 12/31/2024 (updated monthly)

Holdings

Equities Breakdown

Equity Fund Holdings
Financials 16.0%
Consumer staples 8.9%
Health care 8.2%
Industrials 6.9%
Information technology 6.7%
Energy 6.4%
Consumer discretionary 4.6%
Utilities 4.1%
Communication services 3.9%
Materials 3.4%
Real estate 3.3%

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

Bonds Breakdown

Top Equities
15

Philip Morris International
3.2%
Gilead Sciences
2.4%
Broadcom
1.9%
JPMorgan Chase
1.7%
EOG Resources
1.7%
BAE Systems
1.5%
TSMC
1.4%
Microsoft
1.2%
Home Depot
1.1%
Nestlé
1.1%

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

Geographic Breakdown

United States
69.2%
Europe
14.5%
Asia & Pacific Basin
4.0%
Other (Including Canada & Latin America)
7.2%
Cash & equivalents
4
5.2%
% of net assets as of 2/28/2025 (updated monthly)

The New Geography of Investing ®
16

Regions Fund
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 68.2% --
Canada 7.1% --
Europe 18.2% --
Japan 1.3% --
Asia-Pacific ex. Japan 0.8% --
Emerging Markets 4.4% --

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

Fund Breakdown by Domicile

Regions Fund
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 49.3% --
Canada 5.1% --
Europe 13.2% --
Japan 0.9% --
Asia-Pacific ex. Japan 0.6% --
Emerging Markets 3.1% --
Cash & Equivalents
4
5.2% --
Fixed Income 22.4% --

% 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
03/10/25 03/10/25 03/11/25 $0.1782 $0.00 $0.00 $0.00 $25.18
2025 Year-to-Date: Dividends Subtotal: $0.1782 Cap Gains Subtotal: $0.00
Total Distributions: $0.1782

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.23%
Other Expenses 0.22%
Service 12b-1 0.25%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio
2

CIMFX 0.70%
Lipper Growth & Income Funds Average
17
0.96%
Fund as of most recent prospectus. Lipper Category as of 12/31/24 (updated quarterly).