American Funds Inflation Lnkd Bd 529-A (CNLAX)

Fund Assets	11.73B
Expense Ratio	0.664%
Min. Investment	$250
Turnover	12.00%
Dividend (ttm)	0.31
Dividend Yield	3.37%
Dividend Growth	81.18%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	9.21
YTD Return	-2.13%
1-Year Return	-2.62%
5-Year Return	-4.48%
52-Week Low	9.15
52-Week High	9.83
Beta (5Y)	0.05
Holdings	159
Inception Date	Jan 23, 2015

About CNLAX

American Funds Inflation Linked Bond Fund 529-A is a mutual fund designed to provide both inflation protection and income by primarily investing in inflation-linked securities, with a special focus on U.S. Treasury Inflation-Protected Securities (TIPS) and similar instruments. Its central purpose is to help investors preserve the purchasing power of their assets in environments where inflation may erode real returns. The fund maintains a diversified fixed-income portfolio, with roughly 88% of assets allocated to U.S. government bonds, and supplementary exposure to corporate bonds, asset-backed securities, and select non-U.S. government securities. This fund is actively managed by a team of experienced professionals who employ a flexible strategy within the inflation-protected bond category, which can sometimes result in performance that diverges from its peers. It is commonly used as a component within education savings vehicles, such as 529 plans, due to its explicit goal of inflation-adjusted returns. With an expense ratio of 0.68% and a focus on high credit quality and moderate interest rate sensitivity, the fund is positioned for investors seeking to mitigate the effects of rising prices on fixed-income investments while generating a stream of income.

• Fund Family: Capital Group
• Category: Inflation-Protected Bond
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: CNLAX
• Share Class: Class 529-a
• Index: Bloomberg U.S. TIPS TR

Performance

CNLAX had a total return of -2.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.27%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
SWRSX	Schwab	Schwab Treasury Inflation Protected Securities Index Fund	0.05%
FIPDX	Fidelity	Fidelity Inflation-Protected Bond Index Fund	0.05%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FILBX	Class F-3	0.29%
RILFX	Class R-6	0.29%
FLIBX	Class 529-f-3	0.34%
RILEX	Class R-5	0.34%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 17, 2025	$0.3109	Dec 18, 2025
Dec 18, 2024	$0.1716	Dec 19, 2024
Dec 18, 2023	$0.0733	Dec 19, 2023
Dec 19, 2022	$0.5669	Dec 20, 2022
Dec 20, 2021	$0.3637	Dec 21, 2021
Dec 21, 2020	$0.4024	Dec 22, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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