American Funds Multi-Sector Income 529-C (CMBLX)
| Fund Assets | 22.23B |
| Expense Ratio | 1.49% |
| Min. Investment | $250 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 5.29% |
| Dividend Growth | -2.60% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.35 |
| YTD Return | 0.79% |
| 1-Year Return | 4.13% |
| 5-Year Return | 7.16% |
| 52-Week Low | 9.23 |
| 52-Week High | 9.59 |
| Beta (5Y) | n/a |
| Holdings | 2338 |
| 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 4.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.57%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04051 | Jul 1, 2026 |
| May 29, 2026 | $0.0404 | Jun 1, 2026 |
| Apr 30, 2026 | $0.04156 | May 1, 2026 |
| Mar 31, 2026 | $0.04303 | Apr 1, 2026 |
| Feb 27, 2026 | $0.03803 | Mar 2, 2026 |
| Jan 30, 2026 | $0.04109 | Feb 2, 2026 |