Purchase Restrictions: Class 529-F-2 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
Managed for conservative growth and income investing. Invests primarily in well-established companies with strong balance sheets and a history of consistently paying dividends, helping to provide downside resilience.
Price at NAV $56.98 as of 1/21/2025 (updated daily)
Fund Assets (millions) $101,290.8
Portfolio Managers
1,2
8
Expense Ratio
(Gross/Net %)
3
0.36 / 0.36%
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Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities89.1%
Non-U.S. Equities6.6%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
4,5
4.2%
As of 12/31/2024 (updated monthly)

Growth of 10K
6

High & Low Prices

Market Capitalization

82.7%
Large
16.3%
Medium
0.9%
Small
$592,380.00 Million
Weighted Average
7


As of 9/30/2024 (updated quarterly). FactSet data as of 12/31/2024 (updated quarterly).

Morningstar Ownership ZoneTM
8

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

Description

Fund Objective
The fund strives for the balanced accomplishment of three objectives: current income, growth of capital and conservation of principal.
Distinguishing Characteristics
Conservatively managed to reduce volatility and risk, this fund has the potential to provide downside resilience during market declines. It invests primarily in well-established companies with strong balance sheets.
Types of Investments
The fund invests primarily in common stocks, securities convertible into common stocks.
Holdings Outside the U.S.
May invest up to 20% of its assets in securities of issuers domiciled outside the United States and not included in the S&P 500 Composite Index. May invest up to 5% of its assets in securities of issuers domiciled outside the United States and Canada and not included in the S&P 500 Composite Index.

Fund Facts

Fund Inception 2/21/1950
Fund Assets (millions)
As of 12/31/2024
$101,290.8
Companies/Issuers
Holdings are as of 12/31/2024 (updated monthly).
172+
Shareholder Accounts
Shareholder accounts are as of 12/31/2024
14,428
Regular Dividends Paid
9
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
9
Dec
Portfolio Turnover (2024) 31%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 027681 741
Fund Number 1603

Returns

Internal Prompt

Month-End Returns as of 12/31/24

Quarter-End Returns as of 12/31/24

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Volatility & Return

Read important investment disclosures

Equities

For Class 529-F-2 Shares, this chart tracks the 10-year standard deviation
11
and 10-year annualized return of the equity funds
FFMMX
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. 

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.

Smaller company stocks entail additional risks, and they can fluctuate in price more than larger company stocks.

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 12/31/2024 (updated monthly) . Annualized return as of 12/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
12
30-day SEC Yield
Fund at NAV 1.88% 1.97%
Fund at MOP N/A N/A
As of 12/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.47 14.01 18.81
S&P 500 Index
4.30 15.60 21.60
Fund as of 12/31/24. Index as of 9/30/24.

Portfolio Management
1,2

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Grant L. Cambridge 6 28
Charles E. Ellwein 8 19 33
Cheryl E. Frank 11 23 27
Martin Jacobs 4 24 37
James B. Lovelace 19 43
William L. Robbins 17 30 33
James Terrile 19 28
Brant W. Thompson 6 17 29
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(1095)
3-yr. Morningstar RatingTM
(1095 funds rated)
5-yr. Morningstar RatingTM
(1036 funds rated)
10-yr. Morningstar RatingTM
(808 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category Large Value
Ratings are based on risk-adjusted returns as of 12/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
11
12.22
Sharpe Ratio
11
0.65
For the 10 Years ending 12/31/24 (updated monthly).
American Funds/
Morningstar Benchmark
11
S&P 500 TR USD
R-squared 89
Beta 0.75
Capture Ratio (Downside/Upside) 80/77
American Funds and Morningstar Benchmark for the 10 Years ending 12/31/24 (updated monthly).
Active Share
11
57.0%
As of 9/30/24 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 19.7%
Financials 16.1%
Industrials 15.0%
Health care 14.9%
Utilities 6.6%
Consumer staples 6.4%
Energy 4.2%
Consumer discretionary 3.9%
Materials 3.4%
Communication services 3.2%
Real estate 2.4%

% of net assets as of 12/31/2024 (updated monthly)

Top Equities

Microsoft
6.2%
Apple
4.4%
Rtx Corp
3.5%
AbbVie
3.2%
Broadcom
2.9%
General Electric aka GE Aerospace
2.5%
UnitedHealth Group
2.3%
JPMorgan Chase
2.3%
Meta Platforms
1.8%
Accenture
1.7%

% of net assets as of 12/31/2024 (updated monthly)

Geographic Breakdown

United States
89.1%
Europe
2.7%
Asia & Pacific Basin
0.9%
Other (Including Canada & Latin America)
3.1%
Cash & equivalents
5
4.2%
% of net assets as of 12/31/2024 (updated monthly)

The New Geography of Investing ®
14

Regions Fund
S&P 500 Index
United States 93.1% 100.0%
Canada 3.2% 0.0%
Europe 2.8% 0.0%
Japan 0.2% 0.0%
Emerging Markets 0.7% 0.0%

% of net assets as of 12/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
S&P 500 Index
United States 89.2% 100.0%
Canada 3.1% 0.0%
Europe 2.7% 0.0%
Japan 0.2% 0.0%
Emerging Markets 0.7% 0.0%
Cash & Equivalents
5
4.1% 0.0%

% of net assets as of 12/31/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

Historical Prices Year-End

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Historical Distributions as of 01/21/25

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/13/24 03/13/24 03/14/24 $0.2434 $0.00 $0.00 $0.00 $53.53
06/12/24 06/12/24 06/13/24 $0.2494 $0.00 $0.00 $0.00 $54.19
09/18/24 09/18/24 09/19/24 $0.2513 $0.00 $0.00 $0.00 $58.22
12/17/24 12/17/24 12/18/24 $0.2529 $0.085 $2.502 $0.00 $56.21
2024 Year-to-Date: Dividends Subtotal: $1.082 Cap Gains Subtotal: $2.502
Total Distributions: $3.584

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.23%
Other Expenses 0.13%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio
3

FFMMX 0.36%
Lipper Growth & Income Funds Average
15
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).