About CNLFX
American Funds Inflation Linked Bond Fund 529-F-1 is an open-end mutual fund focused on providing both inflation protection and income by primarily investing in inflation-linked securities. The fund allocates at least 80% of its assets to bonds whose principal and interest payments adjust according to changes in inflation indices, such as U.S. Treasury Inflation-Protected Securities (TIPS) and comparable instruments issued by U.S. and non-U.S. governments, agencies, and corporations. Its strategy aims to help preserve purchasing power amid rising prices, making it especially relevant in inflationary environments.
The fund boasts a broad fixed-income portfolio, with a significant weighting in U.S. government-related securities, and it may also hold corporate, non-U.S. government, asset-backed, mortgage-backed, and revenue bonds. Professional management guides security selection, leveraging both quantitative and qualitative analysis. Additionally, it may use derivatives such as futures or swaps for risk management and to enhance returns. With an inception date in December 2012, a moderate effective duration, and substantial assets under management, the fund plays a notable role in the fixed income market for investors seeking targeted inflation hedging and income generation.
Fund Family Capital Group
Category Inflation-Protected Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol CNLFX
Share Class Class 529-f-1
Index Bloomberg U.S. TIPS TR
CNLFX had a total return of 1.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.78%.
