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.
- NAV / 1-Day Return 14.81 / 0.20 %
- Total Assets 4.5 Bil
-
Adj. Expense Ratio
0.630%
- Expense Ratio 0.630%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Moderately Conservative Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 2.35%
- Turnover 4%
Morningstar’s Analysis TAIAX
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Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 0
- Other Holdings 9
- % Assets in Top 10 Holdings 99.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
American High-Income Municipal Bond R-6
25.06
1,088,755,603
—
American Funds Capital World Gr&Inc R6
20.01
869,473,498
—
American Funds Tax Exempt Bond R-6
15.06
654,347,494
—
Capital Group Dividend Value ETF
14.98
650,754,627
—
American Funds American Mutual R6
9.93
431,489,584
—
American Funds Ltd-Term Tx-Ex Bd R-6
9.56
415,309,038
—
American Funds Washington Mutual R6
4.93
214,118,267
—
Capital Group Central Cash Fund
0.45
19,506,000
Cash and Equivalents
Cash And Other Assets Less Liablities
0.03
1,446,897
Cash and Equivalents