American Funds College 2024 Fund Class 529-A (CFTAX)
| Fund Assets | 80.92M |
| Expense Ratio | 0.69% |
| Min. Investment | $250 |
| Turnover | 31.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | 45.11% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 10.98 |
| YTD Return | 0.80% |
| 1-Year Return | 1.45% |
| 5-Year Return | 6.70% |
| 52-Week Low | 10.90 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 6 |
| Inception Date | Sep 14, 2012 |
About CFTAX
The adviser will increasingly emphasize income and preservation of capital by investing a greater portion of its assets in fixed income, equity-income and balanced funds as it approaches and passes its target date. The adviser will attempt to achieve the fund's investment objectives by investing in a mix of American Funds in different combinations and weightings. The underlying American Funds represent a variety of fund categories, including growth-and-income funds, equity-income funds, balanced funds and fixed income funds.
Performance
CFTAX had a total return of 1.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.96%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCTWX | Fidelity | Fidelity Advisor Freedom 2025 Fund - Class C | 1.61% |
| FPGLX | Fidelity | Fidelity Advisor Freedom 2025 Fund - Class K6 | 0.34% |
| FITWX | Fidelity | Fidelity Advisor Freedom 2025 Fund - Class I | 0.61% |
| FIJMX | Fidelity | Fidelity Advisor Freedom 2025 Fund - Class Z | 0.53% |
| FATWX | Fidelity | Fidelity Advisor Freedom 2025 Fund - Class A | 0.86% |
Top 10 Holdings
99.74% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Short-Term Bond Fund of America® Class R-6 | RMMGX | 44.86% |
| American Funds Intermediate Bond Fund of America® Class R-6 | RBOGX | 26.01% |
| American Funds Mortgage Fund® Class R-6 | RMAGX | 10.02% |
| American Funds American Mutual Fund® Class R-6 | RMFGX | 8.88% |
| American Funds Strategic Bond Fund Class R-6 | RANGX | 5.02% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 4.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2024 | $0.0775 | Mar 21, 2024 |
| Dec 21, 2023 | $0.3613 | Dec 22, 2023 |
| Dec 22, 2022 | $0.3024 | Dec 23, 2022 |
| Dec 22, 2021 | $0.5795 | Dec 23, 2021 |
| Dec 22, 2020 | $0.614 | Dec 23, 2020 |
| Dec 26, 2019 | $0.4032 | Dec 27, 2019 |