American Funds College Enrollment Fund Class 529-A CENAX
Strategy
The investment seeks to provide current income, consistent with preservation of capital. The adviser will attempt to achieve its investment objective by principally investing in a mix of American Funds fixed income funds that seek current income through investments in bonds or in other fixed income instruments. The fund may invest in growth-and-income funds, equity-income funds and balanced funds to a limited extent. It is designed for investors who are withdrawing (or who, in the near future, expect to withdraw) funds to meet higher education expenses.
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Ticker
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Name
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Share Class Type
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Investment Status
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Morningstar Rating for Funds
Overall
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Medalist Rating
Overall
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Inception Date
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Total Net Assets for Share Class
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Adjusted Expense Ratio
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Fee Level
Distribution
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Minimum Initial Investment
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1-Year Net Flow
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FAADX
| American Funds College Enrollment Fund Class 529-F-2 | No Load | Open | $463.22M | 0.410% | Below Average | $250 | −$87.42M | |||
FTAOX
| American Funds College Enrollment Fund Class 529-F-3 | Institutional | Open | $136,444.00 | 0.340% | Below Average | $1M | −$18,307.96 | |||
CENAX
| American Funds College Enrollment Fund Class 529-A | Front Load | Open | $2.20B | 0.660% | Average | $250 | −$536.45M | |||
CENCX
| American Funds College Enrollment Fund Class 529-C | Level Load | Open | $97.58M | 1.430% | Above Average | $250 | −$54.15M | |||
CENEX
| American Funds College Enrollment Fund Class 529-E | Level Load | Open | $71.29M | 0.910% | Low | $250 | −$22.33M |