American Funds College 2042 529-F-1 (CAAWX)

Fund Assets	464.43M
Expense Ratio	0.82%
Min. Investment	$250
Turnover	n/a
Dividend (ttm)	0.40
Dividend Yield	2.85%
Dividend Growth	n/a
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	13.96
YTD Return	9.32%
1-Year Return	16.16%
5-Year Return	n/a
52-Week Low	12.02
52-Week High	14.18
Beta (5Y)	n/a
Holdings	17
Inception Date	Mar 15, 2024

About CAAWX

American Funds College 2042 529-F-1 is a target date fund designed specifically for education savings within a 529 plan framework. Its primary function is to provide a diversified, professionally managed investment option tailored to families planning for college expenses, aligning its risk profile with the prospective college enrollment year of 2042. The fund employs a moderately aggressive allocation, currently emphasizing U.S. equities and international stocks, alongside smaller allocations to bonds and cash equivalents. The asset mix is periodically adjusted along a glide path to gradually reduce risk as the target date approaches, helping to balance growth potential with capital preservation. Managed by Capital Group, this fund pools investments from multiple American Funds, offering broad sector and geographic exposure. With its focus on growth, income, and preservation of capital, American Funds College 2042 529-F-1 serves as a key solution for investors seeking a straightforward, all-in-one approach to saving for future higher education costs through the CollegeAmerica 529 plan platform.

• Fund Family: Capital Group
• Category: Mixed-Asset Target 2045
• Stock Exchange: NASDAQ
• Ticker Symbol: CAAWX
• Share Class: Class 529-f-1
• Index: Index is not provided by Management Company

Performance

CAAWX had a total return of 16.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.43%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FSYVX	Fidelity	Fidelity Sustainable Target Date 2045 K6	0.29%
FSYLX	Fidelity	Fidelity Advisor Sust Trgt Dt 2045 A	0.74%
FSYQX	Fidelity	Fidelity Advisor Sust Trgt Dt 2045 I	0.49%
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%
CABAX	Class 529-a	0.85%
CAAVX	Class 529-e	1.01%

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	$0.3972	Dec 24, 2025
Dec 23, 2024	$0.0879	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

Data Sources Report a data error