American Funds U.S. Government Securities Fund® Class 529-C (CGTCX)
| Fund Assets | 24.41B |
| Expense Ratio | 1.45% |
| Min. Investment | $250 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.15% |
| Dividend Growth | -3.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.08 |
| YTD Return | 0.90% |
| 1-Year Return | 7.78% |
| 5-Year Return | -3.72% |
| 52-Week Low | 11.29 |
| 52-Week High | 12.11 |
| Beta (5Y) | n/a |
| Holdings | 1577 |
| Inception Date | Feb 19, 2002 |
About CGTCX
American Funds U.S. Government Securities Fund 529-C is a fixed income mutual fund that primarily invests in U.S. government-backed securities. Its main objective is to provide a high level of current income while adhering to prudent investment risk and prioritizing capital preservation. The fund’s portfolio is composed almost entirely of U.S. bonds, with significant allocations to both mortgage-backed obligations and U.S. Treasury bonds and notes—holding around 45.8% and 42.0% of net assets in each category, respectively, as of June 30, 2025. Designed with diversification and safety in mind, the fund excludes equities and non-U.S. bonds, offering exposure mainly to securities issued or guaranteed by the U.S. government or its agencies. This positioning makes it particularly relevant for investors seeking to balance income generation with relative stability, especially within education savings plans like 529 accounts. With assets exceeding $23 billion, the fund plays a significant role in the U.S. bond market. It pays regular monthly dividends, maintains an effective duration of 6.4 years, and aims for competitive yields relative to other government securities funds. The 529-C share class structure is tailored for college savings, providing families with a fixed income investment vehicle aligned with education funding goals.
Performance
CGTCX had a total return of 7.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.56%.
Top 10 Holdings
20.43% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 3.56% |
| United States Treasury Notes 4.25% | T.4.25 02.15.28 | 2.56% |
| United States Treasury Notes 4.375% | T.4.375 07.31.26 | 2.49% |
| United States Treasury Notes 3.5% | T.3.5 10.31.27 | 2.04% |
| United States Treasury Notes 1.681% | TII.1.625 10.15.29 | 1.93% |
| United States Treasury Notes 3.875% | T.3.875 12.31.27 | 1.79% |
| United States Treasury Notes 3.75% | T.3.75 06.30.27 | 1.75% |
| United States Treasury Bills 0% | B.0 03.24.26 | 1.65% |
| United States Treasury Bonds 4.75% | T.4.75 08.15.55 | 1.41% |
| United States Treasury Notes 4.375% | T.4.375 12.31.29 | 1.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02773 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03254 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03095 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03187 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0306 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03135 | Sep 2, 2025 |