About CPQGX
American Funds Preservation Portfolio; Class ABLE-F-2 is a multi-manager mutual fund designed to prioritize capital preservation while delivering steady income. It primarily allocates to high-quality, short- to intermediate-term fixed income through underlying American Funds bond strategies, with no equity exposure, aligning it to a short-term bond profile. The portfolio emphasizes investment-grade sectors such as U.S. Treasuries, mortgage‑backed and asset‑backed securities, and high-quality corporates, seeking lower volatility and diversified interest-rate and credit risk. The fund distributes income monthly and maintains a modest minimum investment, making it accessible for systematic saving needs. It is part of the ABLEAmerica lineup, serving savers who require conservative positioning and predictable cash flows within tax-advantaged accounts. Recent disclosures highlight a large allocation to U.S. bonds and a disciplined turnover rate indicative of a buy‑and‑hold approach across more than a thousand issuers, reflecting broad fixed-income diversification. Overall, American Funds Preservation Portfolio; Class ABLE-F-2 plays a stabilizing role in balanced savings plans by focusing on income generation with an emphasis on preserving principal.
Fund Family Capital Group
Category Short-Term Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol CPQGX
Share Class Class Able-f-2
Index Bloomberg 1-5 Yr US Govt/Credit A+ TR USD
CPQGX had a total return of 5.49% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.96%.
