On Oct. 16, 2023, Capital Group, the advisor to the American Funds, announced that William Robbins will be disclosed as an equity portfolio manager on this fund on Nov. 16, 2023. Bradley Vogt, who had been an equity portfolio manager for the fund since 2009, passed away on September 20. Despite this unfortunate loss, the team remains well-resourced with 10 equity managers, many of them Capital veterans. Fixed-income managers David Hoag and Fergus McDonald remain on board as well. The fund’s People rating remains Above Average, and its Morningstar Medalist Rating for its share classes continues to range from Silver to Neutral. Although Robbins will be newly disclosed at this fund, he’s highly experienced. He has been a named equity manager on American Funds American Mutual AMRMX and American Funds Global Insight AGVFX since 2008 and 2014, respectively. He’s also comanaged a number of asset allocation portfolios for the firm since 2020.
American Funds Capital Income Bldr 529F CIRFX
- NAV / 1-Day Return 68.30 / +0.41 %
- Total Assets 104.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.720%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Global Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Status Open
- TTM Yield —
- Turnover 106%
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis CIRFX
Will CIRFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 19.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Broadcom Inc | 4.17 | 4.4 Bil | Technology |
Capital Group Central Cash Fund | 4.02 | 4.3 Bil | Cash and Equivalents |
Cap Grp Cent Fd Ser Ii | 2.32 | 2.5 Bil | — |
AbbVie Inc | 2.22 | 2.4 Bil | Healthcare |
Microsoft Corp | 2.16 | 2.3 Bil | Technology |
Philip Morris International Inc | 2.07 | 2.2 Bil | Consumer Defensive |
Cash And Other Assets Less Liablities | 1.88 | 2.0 Bil | Cash and Equivalents |
RTX Corp | 1.57 | 1.7 Bil | Industrials |
Abbott Laboratories | 1.53 | 1.6 Bil | Healthcare |
VICI Properties Inc Ordinary Shares | 1.38 | 1.5 Bil | Real Estate |