American Funds College Enrollment 529F1 (CENFX)
| Fund Assets | 3.64B |
| Expense Ratio | 0.73% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.38% |
| Dividend Growth | -6.74% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 9.73 |
| YTD Return | 5.08% |
| 1-Year Return | 4.99% |
| 5-Year Return | 7.98% |
| 52-Week Low | 9.21 |
| 52-Week High | 9.78 |
| Beta (5Y) | 0.16 |
| Holdings | 7 |
| Inception Date | Sep 14, 2012 |
About CENFX
American Funds College Enrollment Fund Class 529-F-1 is a target-enrollment mutual fund within the American Funds College Target Date Series, designed for families using 529 plans who have students already in or near college. Its primary objective is to provide current income while preserving capital, aligning the portfolio to a conservative stance appropriate for short education funding horizons. The fund invests predominantly in underlying American Funds fixed income strategies, including short-term and intermediate investment-grade bond funds, with additional allocations to mortgage-backed securities and balanced strategies to maintain diversification. This structure concentrates exposure in high-quality bonds while retaining limited equity and multi-sector bond sleeves for stability and incremental income. By emphasizing income generation and lower volatility, the fund serves as a final-stage option in college savings glide paths, aiming to reduce sequence-of-returns risk as tuition payments near. It is actively managed by Capital Group’s multi-manager system, offering a disciplined approach to asset allocation and risk management tailored to education funding needs.
Performance
CENFX had a total return of 4.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.84%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds ST Bd Fd of Amer R6 | RMMGX | 39.94% |
| American Funds Interm Bd Fd of Amer R6 | RBOGX | 31.04% |
| American Funds Mortgage R6 | RMAGX | 10.03% |
| American Funds American Mutual R6 | RMFGX | 9.00% |
| American Funds Strategic Bond R-6 | RANGX | 5.02% |
| American Funds American Balanced R6 | RLBGX | 5.00% |
| Cash And Other Assets Less Liablities | n/a | -0.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.3305 | Dec 24, 2024 |
| Dec 21, 2023 | $0.3544 | Dec 22, 2023 |
| Dec 22, 2022 | $0.2338 | Dec 23, 2022 |
| Dec 22, 2021 | $0.1145 | Dec 23, 2021 |
| Dec 22, 2020 | $0.3803 | Dec 23, 2020 |
| Dec 26, 2019 | $0.2519 | Dec 27, 2019 |