American Funds Inflation Linked Bd 529E (CNLEX)
| Fund Assets | 14.00B |
| Expense Ratio | 0.89% |
| Min. Investment | $250 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 1.52% |
| Dividend Growth | 216.52% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 9.71 |
| YTD Return | 6.95% |
| 1-Year Return | 3.99% |
| 5-Year Return | 1.99% |
| 52-Week Low | 9.01 |
| 52-Week High | 9.72 |
| Beta (5Y) | n/a |
| Holdings | 157 |
| Inception Date | Jan 23, 2015 |
About CNLEX
The American Funds Inflation Linked Bond Fund – 529-E is a mutual fund focused on delivering inflation protection and consistent income through investments in inflation-linked securities. Its core strategy centers on U.S. Treasury bonds and notes—accounting for approximately 88% to 89% of its portfolio—while also allocating smaller portions to corporate bonds, asset-backed securities, non-U.S. government debt, mortgage-backed obligations, and revenue bonds. This structure aims to help investors preserve purchasing power during periods of rising prices by closely tracking inflation-adjusted returns. The fund is managed by experienced professionals with access to specialized resources, and it employs a flexible approach to portfolio construction within the inflation-protected bond category. It is classified as having high credit quality and moderate sensitivity to interest rates. The fund charges a competitive net expense ratio and is open to investors seeking both regular income and inflation hedging within their fixed income allocations. As a 529 plan share class, it is specifically designed for education savings accounts, enabling investors to pursue inflation-adjusted growth for educational expenses while benefiting from the disciplined management style and long-term perspective of American Funds.
Performance
CNLEX had a total return of 3.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
47.11% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 0.154% | TII.0.125 01.15.31 | 9.24% |
| United States Treasury Notes 0.156% | TII.0.125 07.15.30 | 5.79% |
| United States Treasury Notes 1.826% | TII.1.75 01.15.34 | 4.85% |
| United States Treasury Notes 0.142% | TII.0.125 04.15.27 | 4.78% |
| United States Treasury Notes 1.76% | TII.1.625 10.15.27 | 4.65% |
| United States Treasury Notes 0.65% | TII.0.5 01.15.28 | 4.47% |
| United States Treasury Notes 0.156% | TII.0.125 01.15.30 | 4.24% |
| United States Treasury Bonds 2.221% | TII.2.125 02.15.54 | 3.50% |
| United States Treasury Notes 0.498% | TII.0.375 01.15.27 | 2.87% |
| United States Treasury Notes 2.204% | TII.2.125 04.15.29 | 2.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.1475 | Dec 19, 2024 |
| Dec 18, 2023 | $0.0466 | Dec 19, 2023 |
| Dec 19, 2022 | $0.5447 | Dec 20, 2022 |
| Dec 20, 2021 | $0.3365 | Dec 21, 2021 |
| Dec 21, 2020 | $0.3954 | Dec 22, 2020 |
| Dec 18, 2019 | $0.0836 | Dec 19, 2019 |