American Funds College 2042 529-E (CAAVX)

Fund Assets	464.43M
Expense Ratio	1.01%
Min. Investment	$250
Turnover	n/a
Dividend (ttm)	0.37
Dividend Yield	2.58%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	14.20
YTD Return	11.80%
1-Year Return	18.63%
5-Year Return	n/a
52-Week Low	11.95
52-Week High	14.37
Beta (5Y)	n/a
Holdings	17
Inception Date	Mar 15, 2024

About CAAVX

American Funds College 2042 Fund 529-E Shares is a target-date mutual fund designed to support investors planning for higher education expenses around the year 2042. The fund aims to balance growth, income, and preservation of capital by dynamically adjusting its asset allocation as the target date approaches. Its portfolio includes a diversified mix of U.S. equities (around 62%), non-U.S. equities (about 28%), and fixed income securities including both U.S. and non-U.S. bonds. The fund increasingly emphasizes income and capital preservation over time by shifting toward fixed income, equity-income, and balanced funds. Launched in March 2024 and managed by Capital Group, it is tailored for 529 college savings plans, providing a structured approach to long-term education savings through diversified investments across multiple fund categories such as growth, growth-and-income, equity-income, and bond funds. This strategy seeks to manage risk and return effectively based on the proximity to the fund's target date, making it a significant vehicle for education financial planning within the allocation and target maturity fund categories.

• Fund Family: Capital Group
• Category: Mixed-Asset Target 2045
• Stock Exchange: NASDAQ
• Ticker Symbol: CAAVX
• Share Class: Class 529-e
• Index: Index is not provided by Management Company

Performance

CAAVX had a total return of 18.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 18.72%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FSYSX	Fidelity	Fidelity Advisor Sust Trgt Dt 2045 Z	0.39%
FSYVX	Fidelity	Fidelity Sustainable Target Date 2045 K6	0.29%
FSYLX	Fidelity	Fidelity Advisor Sust Trgt Dt 2045 A	0.74%
FSYOX	Fidelity	Fidelity Advisor Sust Trgt Dt 2045 C	1.49%
FSYUX	Fidelity	Fidelity Sustainable Target Date 2045 K	0.39%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DAAGX	Class 529-f-3	0.45%
CAAZX	Class 529-f-2	0.51%
CAAWX	Class 529-f-1	0.82%
CABAX	Class 529-a	0.85%

Top 10 Holdings

76.35% of assets

Name	Symbol	Weight
American Funds Fundamental Invs R-6	RFNGX	10.56%
American Funds SMALLCAP World R-6	RLLGX	10.10%
American Funds Cptl Wld Gr&Inc R-6	RWIGX	9.70%
American Funds Invmt Co of Amer R-6	RICGX	9.53%
American Funds Growth Fd of Amer R-6	RGAGX	8.19%
American Funds New Perspective R-6	RNPGX	7.64%
American Funds Washington Mutual R-6	RWMGX	5.55%
American Funds AMCAP R-6	RAFGX	5.41%
AMERICAN FUNDS U.S. SMALL AND MID CAP EQUITY FUND (SMID) - AMERICAN FUNDS U.S. SMALL AND MID CAP EQUITY FUND CL R6 (SMID CL R6)	RMDMX	5.01%
American Funds EUPAC R-6	RERGX	4.67%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.3651	Dec 24, 2025
Dec 23, 2024	$0.0857	Dec 24, 2024

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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