American Funds Inflation Linked Bond Fund Class 529-C (CNLCX)

Fund Assets	14.05B
Expense Ratio	1.44%
Min. Investment	$250
Turnover	12.00%
Dividend (ttm)	0.22
Dividend Yield	2.34%
Dividend Growth	204.35%
Payout Frequency	n/a
Ex-Dividend Date	Dec 17, 2025

Previous Close	9.55
YTD Return	1.06%
1-Year Return	5.91%
5-Year Return	-1.85%
52-Week Low	9.06
52-Week High	9.57
Beta (5Y)	0.29
Holdings	153
Inception Date	Jan 23, 2015

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

Performance

CNLCX had a total return of 5.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.07%.

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	$0.224	Dec 18, 2025
Dec 18, 2024	$0.0736	Dec 19, 2024
Dec 19, 2022	$0.4786	Dec 20, 2022
Dec 20, 2021	$0.3009	Dec 21, 2021
Dec 21, 2020	$0.2767	Dec 22, 2020
Dec 18, 2019	$0.0201	Dec 19, 2019