American Funds Capital Income Builder Class 529-A

Frequently Asked Questions About CIRAX

What does CIRAX invest in?

This fund typically allocates a minimum of 90% of its capital to income-generating securities. Within this allocation, at least 50% is specifically earmarked for common stocks and other equity instruments. The portfolio broadly encompasses a diverse array of income-producing assets, including both stocks and bonds. Its primary objective is to furnish investors with a current income stream that surpasses the average yield available from U.S. stocks; to achieve this, the fund generally references the average yield of companies listed on the S&P 500 Index.

What is the expense ratio of CIRAX?

American Funds Capital Income Builder Class 529-A (CIRAX) charges an expense ratio of 0.60%. This is the annual fee deducted from fund assets to cover management and operations.

What is CIRAX's dividend yield?

CIRAX's trailing-twelve-month yield is 7.14%, calculated from the sum of dividends over the past year divided by the current price.

How big is CIRAX?

American Funds Capital Income Builder Class 529-A (CIRAX) manages $128.62B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CIRAX actively managed or an index fund?

CIRAX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CIRAX's is 0.60%) because there's no security selection cost.

When was CIRAX launched?

American Funds Capital Income Builder Class 529-A (CIRAX) launched in February 2002 and is managed by Capital Group.