# American Funds SMALLCAP World 529A (CSPAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cspax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Capital Group · Asset class: Equity - Strategy: Thematic · Inception: 1990-04-30 This fund typically allocates a minimum of 80% of its total assets to equity securities from companies featuring small market capitalizations. These holdings may include common stocks, preferred stocks, convertible preferred stocks, and convertible bonds, with a particular focus on growth-oriented companies. Furthermore, under normal operating conditions, a significant portion of its portfolio is dedicated to international markets, encompassing investments in developing economies outside the United States. ## Key Facts | Metric | Value | |---|---| | Price | $76.40 | | Expense Ratio | 1.04% | | Assets Under Management | $89.77B | | NAV | $76.40 | | Holdings Count | 802 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $68.86 – $84.50 | | Beta | 1.17 | ## Latest Distribution - Amount: $3.5127 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does CSPAX invest in? This fund typically allocates a minimum of 80% of its total assets to equity securities from companies featuring small market capitalizations. These holdings may include common stocks, preferred stocks, convertible preferred stocks, and convertible bonds, with a particular focus on growth-oriented companies. Furthermore, under normal operating conditions, a significant portion of its portfolio is dedicated to international markets, encompassing investments in developing economies outside the United States. ### What is the expense ratio of CSPAX? American Funds SMALLCAP World 529A (CSPAX) charges an expense ratio of 1.04%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CSPAX? American Funds SMALLCAP World 529A (CSPAX) manages $89.77B 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 CSPAX actively managed or an index fund? CSPAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was CSPAX launched? American Funds SMALLCAP World 529A (CSPAX) launched in April 1990 and is managed by Capital Group. ### How has CSPAX performed? CSPAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CSPAX pay a dividend? American Funds SMALLCAP World 529A (CSPAX) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CSPAX pay dividends? American Funds SMALLCAP World 529A pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CSPAX's dividend yield? CSPAX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is CSPAX's next ex-dividend date? The most recently announced ex-dividend date for CSPAX was 2025-12-19. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will CSPAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.04% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CSPAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from CSPAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CSPAX cost more than a fund like VOO? CSPAX's strategy (current expense ratio 1.04%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where CSPAX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to CSPAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CSPAX (1.04%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/cspax - Distribution history: https://www.dividenddata.com/funds/cspax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cspax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cspax/expenses - Peer comparison: https://www.dividenddata.com/funds/cspax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.