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 | 18.46% |
| 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.
Performance
CAAWX had a total return of 18.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.17%.
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% |
| FSYPX | Fidelity | Fidelity Advisor Sust Trgt Dt 2045 M | 0.99% |
| FSYQX | Fidelity | Fidelity Advisor Sust Trgt Dt 2045 I | 0.49% |
Top 10 Holdings
76.35% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Fundamental Invs R6 | RFNGX | 10.56% |
| American Funds SMALLCAP World R6 | RLLGX | 10.10% |
| American Funds Capital World Gr&Inc R6 | RWIGX | 9.70% |
| American Funds Invmt Co of Amer R6 | RICGX | 9.53% |
| American Funds Growth Fund of Amer R6 | RGAGX | 8.19% |
| American Funds New Perspective R6 | RNPGX | 7.64% |
| American Funds Washington Mutual R6 | RWMGX | 5.55% |
| American Funds AMCAP R6 | 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 R6 | 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 |