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

Summary

Internal Prompt
A disciplined approach to growth-and-income investing. Uses strict eligibility criteria to screen for companies across a broad array of industries with strong balance sheets and consistent dividends and seeks to be fully invested.
Price at NAV $63.76 as of 1/21/2025 (updated daily)
Fund Assets (millions) $189,409.7
Portfolio Managers
1,2
6
Expense Ratio
(Gross/Net %)
3
0.35 / 0.35%
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities92.2%
Non-U.S. Equities5.5%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
4,5
2.4%
As of 12/31/2024 (updated monthly)

Growth of 10K
6

High & Low Prices

Market Capitalization

81.9%
Large
17.7%
Medium
0.4%
Small
$589,063.00 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 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 produce income and to provide an opportunity for growth of principal consistent with sound common stock investing.
Distinguishing Characteristics
A disciplined approach to investing that uses strict eligibility criteria to screen for companies with strong balance sheets, consistent dividends, and the ability to pay a dividend. The fund seeks to be fully invested.
Types of Investments
Primarily invests in common stocks and securities convertible into common stocks.
Holdings Outside the U.S.
May invest up to 10% of its assets in companies domiciled outside the United States.

Fund Facts

Fund Inception 7/31/1952
Fund Assets (millions)
As of 12/31/2024
$189,409.7
Companies/Issuers
Holdings are as of 12/31/2024 (updated monthly).
185+
Shareholder Accounts
Shareholder accounts are as of 12/31/2024
24,072
Regular Dividends Paid
9
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
9
Jun, Dec
Portfolio Turnover (2024) 31%
Fiscal Year-End Apr
Prospectus Date 07/01/2024
CUSIP 939330 742
Fund Number 1601

Returns

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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
FWMMX
S&P 500 Index
Other AF Funds

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. 

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

© 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.

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

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 1.49% 1.66%
Fund at MOP N/A N/A
As of 12/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.74 14.03 19.48
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
Aline Avzaradel 3 20 23
Mark L. Casey 9 24
Irfan M. Furniturewala 10 24
Emme Kozloff 9 19 26
Jin Lee 11 28 29
Diana Wagner 11 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
13


Overall Morningstar RatingTM
Funds rated(1280)
3-yr. Morningstar RatingTM
(1280 funds rated)
5-yr. Morningstar RatingTM
(1180 funds rated)
10-yr. Morningstar RatingTM
(889 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category Large Blend
Ratings are based on risk-adjusted returns as of 12/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
11
13.81
Sharpe Ratio
11
0.72
For the 10 Years ending 12/31/24 (updated monthly).
American Funds/
Morningstar Benchmark
11
S&P 500 TR USD
R-squared 94
Beta 0.87
Capture Ratio (Downside/Upside) 88/88
American Funds and Morningstar Benchmark for the 10 Years ending 12/31/24 (updated monthly).
Active Share
11
55.5%
As of 9/30/24 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 22.9%
Financials 17.7%
Health care 13.4%
Industrials 10.9%
Consumer staples 7.8%
Consumer discretionary 7.3%
Communication services 5.2%
Energy 4.1%
Utilities 3.4%
Real estate 2.6%
Materials 2.3%

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

Top Equities

Broadcom
8.4%
Microsoft
5.5%
UnitedHealth Group
2.5%
Apple
2.5%
Eli Lilly
2.3%
Philip Morris International
2.2%
Marsh & McLennan
2.2%
Alphabet
1.9%
JPMorgan Chase
1.6%
Comcast
1.3%

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

The New Geography of Investing ®
14

Regions Fund
S&P 500 Index
United States 94.4% 100.0%
Canada 1.6% 0.0%
Europe 3.9% 0.0%
Japan 0.0% 0.0%

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

Fund Breakdown by Domicile

Regions Fund
S&P 500 Index
United States 92.2% 100.0%
Canada 1.6% 0.0%
Europe 3.8% 0.0%
Japan 0.0% 0.0%
Cash & Equivalents
5
2.3% 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 $0.2358 $0.00 $0.00 $0.00 $60.90
06/12/24 06/12/24 06/13/24 $0.2365 $0.00 $2.774 $0.00 $59.79
09/18/24 09/18/24 09/19/24 $0.2371 $0.00 $0.00 $0.00 $63.07
12/19/24 12/19/24 12/20/24 $0.24 $0.045 $2.555 $0.00 $60.83
2024 Year-to-Date: Dividends Subtotal: $0.9944 Cap Gains Subtotal: $5.329
Total Distributions: $6.3234

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.22%
Other Expenses 0.13%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio
3

FWMMX 0.35%
Lipper Growth & Income Funds Average
15
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).