American Funds College Enrollment 529C (CENCX)
| Fund Assets | 3.51B |
| Expense Ratio | 1.43% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.84% |
| Dividend Growth | 15.50% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 9.85 |
| YTD Return | 1.23% |
| 1-Year Return | 4.26% |
| 5-Year Return | 7.40% |
| 52-Week Low | 9.63 |
| 52-Week High | 10.00 |
| Beta (5Y) | -0.02 |
| Holdings | 6 |
| Inception Date | Sep 14, 2012 |
About CENCX
American Funds College Enrollment Fund Class 529-C is a 529 plan target-enrollment mutual fund designed for families approaching or entering the college spending phase. Its primary objective is to provide current income while emphasizing preservation of capital, aligning the portfolio with short- to intermediate-term education funding needs. The fund predominantly allocates to U.S. investment-grade fixed income through underlying American Funds, complemented by modest equity exposure for diversification. Recent portfolio characteristics include a majority in U.S. bonds with an effective duration around the short-to-intermediate range, reflecting lower interest-rate sensitivity relative to longer-duration strategies. The fund distributes income on a regular schedule and maintains a low portfolio turnover, consistent with its income-oriented, capital-preservation focus. Minimum initial investment requirements are accessible for many savers, and the structure consolidates multiple underlying strategies—such as short-term and intermediate-term bond funds, mortgages, and balanced and equity sleeves—into a single, age-appropriate solution for education withdrawals. This positioning supports a measured risk profile intended to bridge near-term tuition obligations with dependable income sources.
Performance
CENCX had a total return of 4.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.07%.
Top Holdings
99.75% of assets| Name | Symbol | Weight |
|---|---|---|
| SHORT TERM BOND FUND OF AMERICA R6 (STBF CL R6) | RMMGX | 39.84% |
| INTERMEDIATE BOND FUND OF AMERICA R6 (IBFA CL R6) | RBOGX | 30.87% |
| AMERICAN FUNDS MORTGAGE (AFMF) - AMERICAN FUNDS MORTGAGE R6 (AFMF CL R6) | RMAGX | 9.96% |
| AMERICAN MUTUAL FUND (AMF) - AMERICAN MUTUAL FUND R6 (AMF CL R6) | RMFGX | 9.07% |
| AMERICAN BALANCED FUND (AMBAL) - AMERICAN BALANCED FUND R6 (AMBAL CL R6) | RLBGX | 5.04% |
| AMERICAN FUNDS STRATEGIC BOND FUND (SBF) - AMERICAN FUNDS STRATEGIC BOND FUND R6 (SBF CL R6) | RANGX | 4.97% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $0.2795 | Dec 24, 2025 |
| Dec 23, 2024 | $0.242 | Dec 24, 2024 |
| Dec 21, 2023 | $0.2296 | Dec 22, 2023 |
| Dec 22, 2022 | $0.1085 | Dec 23, 2022 |
| Dec 22, 2021 | $0.0527 | Dec 23, 2021 |
| Dec 22, 2020 | $0.1949 | Dec 23, 2020 |