American Funds Multi-Sector Income 529-C (CMBLX)
| Fund Assets | 21.41B |
| Expense Ratio | 1.51% |
| Min. Investment | $250 |
| Turnover | 78.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.22% |
| Dividend Growth | -1.80% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.51 |
| YTD Return | 0.75% |
| 1-Year Return | 7.23% |
| 5-Year Return | 11.46% |
| 52-Week Low | 8.67 |
| 52-Week High | 9.52 |
| Beta (5Y) | n/a |
| Holdings | 2281 |
| Inception Date | May 1, 2020 |
About CMBLX
American Funds Multi-Sector Income Fund 529-C is an open-end mutual fund designed to deliver a high level of current income with a secondary goal of capital appreciation. The strategy allocates across multiple fixed income sectors, emphasizing corporate credit alongside securitized assets such as mortgage‑ and asset‑backed obligations, and incorporates both U.S. and non‑U.S. bonds to diversify sources of income and risk. The portfolio spans investment‑grade and high‑yield issuers, with additional exposure to emerging markets and selective government and municipal securities. The fund targets an intermediate interest‑rate profile, reflected in an effective duration near the mid‑single‑digit range, and distributes income monthly. It is actively managed by Capital Group’s fixed income team, which applies fundamental research and risk-aware positioning across credit cycles. Since its 2019 inception, the vehicle has grown to a sizable asset base and maintains a broad issuer count, indicating diversified credit exposure. The 529-C share class is tailored for education savings plans, pairing the fund’s multi-sector income approach with features common to 529 plan share structures, including ongoing servicing and distribution arrangements.
Performance
CMBLX had a total return of 7.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.24%.
Top 10 Holdings
8.10% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 2.83% |
| United States Treasury Notes 4% | T.4 11.15.35 | 1.13% |
| Cash And Other Assets Less Liablities | n/a | 1.04% |
| United States Treasury Notes 3.625% | T.3.625 12.31.30 | 0.63% |
| Goldman Sachs Group, Inc. 4.939% | GS.V4.939 10.21.36 | 0.55% |
| Morgan Stanley 4.892% | MS.V4.892 10.22.36 I | 0.45% |
| MPT Operating Partnership LP / MPT Finance Corporation 8.5% | MPW.8.5 02.15.32 144a | 0.39% |
| AbbVie Inc. 5.05% | ABBV.5.05 03.15.34 | 0.37% |
| Connect Finco SARL/Connect US Finco LLC 9% | ISATLN.9 09.15.29 144A | 0.37% |
| Mars Inc. 5.2% | MARS.5.2 03.01.35 144A | 0.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04109 | Feb 2, 2026 |
| Dec 31, 2025 | $0.04176 | Jan 2, 2026 |
| Nov 28, 2025 | $0.04086 | Dec 1, 2025 |
| Oct 31, 2025 | $0.04264 | Nov 3, 2025 |
| Sep 30, 2025 | $0.04111 | Oct 1, 2025 |
| Aug 29, 2025 | $0.04149 | Sep 2, 2025 |