About CNLCX
American Funds Inflation Linked Bond Fund 529-C is a mutual fund designed to provide investors with both inflation protection and income through its primary focus on inflation-linked securities, particularly U.S. Treasury Inflation-Protected Securities (TIPS). The fund invests at least 80% of its assets in these inflation-sensitive bonds, helping to preserve purchasing power by adjusting payouts in line with inflation rates. With a diversified portfolio, it also includes holdings in corporate bonds, asset-backed, mortgage-backed, and non-U.S. government securities, though the majority remain in U.S. government bonds.
The fund is structured for use in 529 education savings plans, offering a minimum initial investment of $250, and is open to new investors. It employs a level-load fee structure without an up-front sales charge but does assess ongoing expenses. Regular income distributions and capital gains, when applicable, are paid annually. Managed by a team backed by extensive experience and resources, the fund plays a significant role in portfolios aiming to balance income generation and inflation risk mitigation, especially for clients planning future educational expenses or those seeking more predictable real returns in inflationary environments.
Fund Family Capital Group
Category Inflation-Protected Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CNLCX
Share Class Class 529-c
Index Bloomberg U.S. TIPS TR
CNLCX had a total return of -0.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.74%.
