American Funds® Preservation Portfolio
Bond
Overview
American Funds Preservation Portfolio may be appropriate for:
- Investors who want a shorter-term, relatively lower volatility investment.
- Investors who want an investment with a focus on preservation of principal.
- Investors who seek an investment that is designed to help provide stability during challenging markets.
Objective
The fund's investment objective is to provide current income, consistent with preservation of capital.
Manager
The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.
Fund information
- Began operations: 5/18/12
- Expense ratio:* 1.37%
- Investment expenses paid annually:† $13.70 for a $1,000 balance
- Ticker symbol: RPPVX
*The expense ratios are as of each fund’s prospectus and include the weighted average expenses of the underlying funds. Please see the fund’s most recent prospectus for details.
†You can estimate the investment expenses you’re paying annually by multiplying your balance in the fund by the expense ratio.
Investments
The fund invests in a mix of American Funds in different combinations and weightings. It principally invests in funds that seek current income through bond investments. The fund will seek to generate a material portion of its current income from underlying funds that invest in bonds that are exempt from regular income tax, such as municipal bonds.
Underlying funds
(as of 6/30/24; percentage of net assets; holdings are subject to change)
Bond
100.0%
Asset mix
(as of 6/30/24; percentage of net assets of underlying American Funds)
Portfolio summary
(as of 6/30/24; percentage of net assets of underlying American Funds)
*Cash and equivalents includes short-term securities, accrued income and other assets less liabilities. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
Past results
The bar graph below shows the fund’s annual results and illustrates the fund’s fluctuations over the past 10 years. (These percentages are based on Class R-1 shares at net asset value after the share class inception date of May 15, 2002. All Class R-1 share results prior to this date, or prior to the date of first sale, are hypothetical based on Class A share results, adjusted for typical additional estimated expenses, and are calculated without a sales charge. These results are updated annually as of 12/31. Other share class results will vary.)
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely.
Average annual total returns through 6/30/24
Class R-1 Shares
| Latest10 years | Latest5 years | Latest3 years | Latestyear | |
|---|---|---|---|---|
| At net asset value | 0.38% | 0.12% | -1.23% | 3.66% |
Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which the results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.
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