American Funds Capital Income Builder's value tilt has been a headwind for returns in recent years, but an impressive equity team and an improved fixed-income effort lend it solid long-term prospects. The fund’s six cheapest share classes earn Morningstar Analyst Ratings of Gold, while seven other share classes earn Silver and the four most expensive share classes are rated Bronze.
Will CIBFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CIBFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CIBFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CIBFX’s parent organization’s priorities and whether they’re in line with investors’ interests.