About CBAFX
American Funds Moderate Growth and Income Portfolio Class 529-F-1 is a diversified mutual fund designed to balance long-term capital appreciation with current income. The portfolio pursues its objectives by investing in a strategic blend of underlying American Funds, providing exposure to both global equities and fixed income securities. Notably, it holds substantial allocations in prominent funds such as American Balanced Fund, Washington Mutual Investors Fund, and Global Balanced Fund, which together contribute to nearly half its assets.
The portfolio typically allocates about half its assets to U.S. equities, with additional exposure to non-U.S. stocks, U.S. bonds, and non-U.S. bonds, offering broad sector and geographic diversification. This mix is intended to temper market volatility while seeking steady returns. Key sectors represented include information technology, financials, industrials, and health care. With a moderate risk profile—reflected in a beta around 0.63 relative to stock markets and a standard deviation close to 10%—the portfolio is suited for investors seeking a blend of growth and income, rather than aggressive growth or a defensive income-only strategy. Regular quarterly dividends and annual capital gains distributions are typical, further supporting its dual mandate.
Fund Family Capital Group
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CBAFX
Share Class Class 529-f-1
Index S&P 500 TR
CBAFX had a total return of 16.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.50%.
