American Funds Preservation ABLE-F-2 (CPQGX)
| Fund Assets | 1.86B |
| Expense Ratio | 0.31% |
| Min. Investment | $250 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.20% |
| Dividend Growth | 3.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 26, 2025 |
| Previous Close | 9.65 |
| YTD Return | 3.88% |
| 1-Year Return | 3.22% |
| 5-Year Return | n/a |
| 52-Week Low | 9.40 |
| 52-Week High | 9.67 |
| Beta (5Y) | n/a |
| Holdings | 3 |
| Inception Date | Oct 30, 2020 |
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.
Performance
CPQGX had a total return of 3.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.34%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds ST Bd Fd of Amer R6 | RMMGX | 55.01% |
| American Funds Interm Bd Fd of Amer R6 | RBOGX | 45.01% |
| Cash And Other Assets Less Liablities | n/a | -0.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 26, 2025 | $0.0316 | Aug 27, 2025 |
| Jul 28, 2025 | $0.0349 | Jul 29, 2025 |
| Jun 25, 2025 | $0.0338 | Jun 26, 2025 |
| May 27, 2025 | $0.0344 | May 28, 2025 |
| Apr 25, 2025 | $0.0321 | Apr 28, 2025 |
| Mar 26, 2025 | $0.0358 | Mar 27, 2025 |