Capital Group announced upcoming portfolio changes to the American Funds Tax-Aware Growth and Income series. On or about Sept. 28, 2023, the three portfolios in the series will see the addition of up to three Capital Group active equity exchange-traded funds in place of existing mutual funds. The new ETF exposures will range from a 42% weighting in the growth and income portfolio to a 15% weighting on the lower end within the conservative growth and income portfolio. Equity ETFs are usually more tax-efficient than mutual funds, so the additions should help these portfolios meet their objective to reduce taxes more effectively. Investors should expect a capital gains distribution this year, however, as a result of selling the mutual funds to purchase the ETFs.
American Fds TaxAwr Cnsrv Gr&Inc Port C TAICX Fund Analysis
Morningstar’s Analysis TAICX
Will TAICX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar