About CAFAX
American Funds AMCAP Fund 529-A is a mutual fund focused on long-term growth of capital through disciplined equity investing. The fund primarily invests in well-managed U.S. companies of any size that demonstrate sound fundamentals, have established records of long-term growth, and possess strong potential for future expansion. As of April 2025, over 90% of the portfolio is allocated to U.S. equities, with key sector exposures including information technology, consumer discretionary, health care, and industrials. The fund is diversified, holding over 175 companies and favoring firms with robust growth characteristics.
Established in 1967, AMCAP Fund 529-A manages substantial assets—exceeding $83 billion—and is one of the flagship offerings within the large growth category. The fund is structured to serve as a core holding for investors seeking participation in the growth of equities over extended periods, particularly those saving for education through 529 college savings plans. Regular semi-annual dividends and capital gains distributions are features of this vehicle, and it maintains a moderate portfolio turnover, reflecting the team’s long-term investment approach. Its risk and performance profile is benchmarked against the S&P 500, emphasizing both discipline and adaptability within actively managed large-cap growth strategies.
Fund Family Capital Group
Category Multi-Cap Core
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol CAFAX
Share Class Class 529-a
Index S&P 500 TR
CAFAX had a total return of 7.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.15%.
