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Investment Fund

Vehicle: Mutual Fund Share Class
Purchase Restrictions: Class R-3 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Overview

Internal Prompt
Seeks capital preservation and income. Offers exposure to a mix of fixed-income securities focused on preservation of principal and seeks to provide investors a source of some current income.
Price at NAV $9.37 as of 1/03/2025 (updated daily)
Fund Assets (millions) $1,861.5
Portfolio Solutions Committee Members
1,2
7
Expense Ratio
(Gross/Net %)
3
0.90 / 0.90%

Underlying Funds

Capital Preservation 100%
Intermediate Bond Fund of America® 45%
Short-Term Bond Fund of America® 55%
As of 11/30/2024 (updated monthly)

Asset Mix
4

U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds90.1%
Non-U.S. Bonds3.5%
Cash & Equivalents
5
6.4%
As of 11/30/2024 (updated monthly)

Fund Statistics

2.9 years
Effective Duration
4.7%
Average Yield
to Worst
4.3%
Average Coupon
% of net assets as of 11/30/2024 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class R-3 Shares, this chart tracks the 10-year standard deviation
6
and 10-year annualized return of the equity funds
RPPCX
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
Other AF Funds

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

© 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.

Standard Deviation as of 11/30/2024 (updated monthly) . Annualized return as of 11/30/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Returns at NAV

Returns at MOP

Description

Objective
The fund's investment objective is to provide current income, consistent with preservation of capital.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying American Funds seek current income, consistent with the preservation of capital, through bond investments.

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 11/30/2024
$1,861.5
Companies/Issuers
Holdings are as of 11/30/2024 (updated monthly).
1137+
Shareholder Accounts
Shareholder accounts are as of 11/30/2024
847
Regular Dividends Paid
8
Monthly
Minimum Initial Investment $0
Capital Gains Paid
8
Dec
Portfolio Turnover (2024) 6%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 02630Y 66 1
Fund Number 2345

Returns

Internal Prompt

Month-End Returns as of 11/30/24

Quarter-End Returns as of 9/30/24

Growth of 10K
10

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
11
30-day SEC Yield
7
Fund at NAV 3.70% 3.76%
Fund at MOP N/A N/A
As of 11/30/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund -- -- --
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
-- -- --
Fund as of 9/30/24. Index as of --.

Portfolio Solutions Committee
1,2

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Michelle J. Black 4 22 29
Brittain Ezzes 1 2 26
Samir Mathur 4 11 31
Damien J. McCann 0 24
Wesley K. Phoa 12 25 30
John R. Queen 4 22 34
Andrew B. Suzman 12 30
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Portfolio Composition

Morningstar Rating TM
12


Overall Morningstar RatingTM
Funds rated(514)
3-yr. Morningstar RatingTM
(514 funds rated)
5-yr. Morningstar RatingTM
(482 funds rated)
10-yr. Morningstar RatingTM
(363 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category Short-Term Bond
Ratings are based on risk-adjusted returns as of 11/30/2024 (updated monthly).
Internal Prompt

Lipper Leader Scorecard
13

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated

(159)

(159)

(149)

(119)
Expense Within Category
Funds Rated

(101)

(101)

(93)

(70)
Preservation Within Category
Funds Rated

(6082)

(6082)

(5653)

(4164)
Tax Efficiency Within Category
Funds Rated

(159)

(159)

(149)

(119)
Total Return Within Category
Funds Rated

(159)

(159)

(149)

(119)
Category Sht-Int Inv Grd Dbt Fds
KEY
HIGHEST LOWEST
As of 11/30/2024 (updated monthly)

Risk Measures

Fund
Standard Deviation
6
2.45
Sharpe Ratio
6
-0.29
For the 10 Years ending 11/30/24 (updated monthly).
American Funds
Benchmark
14
Morningstar
Benchmark
6
Bloomberg 1-5 Year U.S. Government/Credit A+ Index
Bloomberg US Agg Bond TR USD
R-squared 95 85
Beta 1.07 0.45
Capture Ratio (Downside/Upside) 116/99 40/46
American Funds Benchmark for the 10 Years ending 11/30/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 11/30/24 (updated monthly).
U.S. Treasuries/Agencies
26.9%
AAA/Aaa
49.0%
AA/Aa
4.3%
A
7.7%
BBB/Baa
2.5%
Unrated
3.1%
Cash & equivalents
5
6.4%
% of net assets as of 11/30/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
82.7%
5-9.9 Years
9.6%
10-19.9 Years
0.2%
20-29.9 Years
0.2%
30+ Years
--
% of net assets as of 9/30/2024 (updated monthly)

Holdings
4

Bonds Breakdown

Bond Details

Total bond holdings
U.S. Treasury bonds & notes 26.2%
Asset-backed obligations 21.5%
Non-U.S. government/agency securities 1.8%

% of net assets as of 9/30/2024 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/03/25

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
01/26/24 01/26/24 01/29/24 $0.018 $0.00 $0.00 $0.00 $9.40
02/26/24 02/26/24 02/27/24 $0.0265 $0.00 $0.00 $0.00 $9.31
03/25/24 03/25/24 03/26/24 $0.0266 $0.00 $0.00 $0.00 $9.35
04/25/24 04/25/24 04/26/24 $0.0303 $0.00 $0.00 $0.00 $9.23
05/28/24 05/28/24 05/29/24 $0.0315 $0.00 $0.00 $0.00 $9.26
06/25/24 06/25/24 06/26/24 $0.0273 $0.00 $0.00 $0.00 $9.32
07/26/24 07/26/24 07/29/24 $0.0334 $0.00 $0.00 $0.00 $9.39
08/27/24 08/27/24 08/28/24 $0.0298 $0.00 $0.00 $0.00 $9.50
09/25/24 09/25/24 09/26/24 $0.0328 $0.00 $0.00 $0.00 $9.56
10/28/24 10/28/24 10/29/24 $0.0289 $0.00 $0.00 $0.00 $9.42
11/25/24 11/25/24 11/26/24 $0.0271 $0.00 $0.00 $0.00 $9.40
12/27/24 12/27/24 12/30/24 $0.0422 $0.00 $0.00 $0.00 $9.35
2024 Year-to-Date: Dividends Subtotal: $0.3544 Cap Gains Subtotal: $0.00
Total Distributions: $0.3544

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.14%
Acquired (Underlying) Fund Fees and Expenses 0.27%
Service 12b-1 0.49%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio
3

RPPCX 0.90%
Lipper Short-Intmdt Investment Grade Debt Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).