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American Funds Capital Income Bldr R1 RIRAX

Analyst rating as of
NAV / 1-Day Return
68.80  /  0.39 %
Total Assets
109.2 Bil
Adj. Expense Ratio
Expense Ratio
Fee Level
Below Average
Longest Manager Tenure
29.79 years
World Allocation
Investment Style
Large Value
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
TTM Yield

Morningstar’s Analysis

Will RIRAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A Large, Capable Team Cushions the Impact of a Sudden Manager Departure

Senior Analyst

Analyst Note

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On Sept. 1, 2021, American Funds announced that David Riley, portfolio manager of American Funds Capital Income Builder CAIBX since 2004, will step down immediately from his duties and retire from the firm at the end of the year. The loss of a veteran manager is significant, and this abrupt departure is out of the norm for the firm, which typically has gradual manager transitions. That said, the fund still boasts a number of highly experienced investors at the helm, and its People rating remains Above Average.

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