NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.94
+0.03 (0.22%)
Jul 16, 2025, 9:30 AM EDT
6.01%(1Y)
Fund Assets
2.99B
Expense Ratio
0.42%
Min. Investment
$250
Turnover
9.00%
Dividend (ttm)
0.72
Dividend Yield
5.20%
Dividend Growth
217.99%
Payout Frequency
Annual
Ex-Dividend Date
Dec 23, 2024
Previous Close
13.91
YTD Return
9.24%
1-Year Return
12.05%
5-Year Return
n/a
52-Week Low
11.85
52-Week High
14.00
Beta (5Y)
n/a
Holdings
21
Inception Date
Oct 30, 2020
About CTAKX
American Funds College 2036 Fund 529-F-3 is a target date mutual fund designed to help investors save for future college costs. Its primary function is to offer a diversified portfolio that automatically adjusts over time, aiming for asset growth, income, and eventual capital preservation as the designated target year—2036—approaches. The fund invests in a combination of American Funds, spanning growth, growth-and-income, equity-income, balanced, and bond funds. This broad allocation allows exposure to both U.S. and international equities, as well as fixed income instruments, enabling a balance between potential appreciation and risk mitigation.
With approximately 70% to 85% of its assets in equities during its early years, the fund gradually becomes more conservative by increasing its fixed income allocation as the target date nears. The portfolio is diversified across multiple sectors, including information technology, industrials, financials, healthcare, and consumer discretionary. Designed specifically for education-related savings, this fund is most relevant for families and individuals seeking a tax-advantaged way to prepare for anticipated tuition and associated expenses. Its glide path strategy and periodic rebalancing help address changing risk profiles and market conditions, making it a prominent choice in the education savings segment of the financial market.
Fund FamilyAmerican Funds
CategoryMixed-Asset Target 2040
Stock ExchangeNASDAQ
Ticker SymbolCTAKX
Share ClassClass 529-f-3
IndexS&P 500 TR
Performance
CTAKX had a total return of 12.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.32%.
Chart
Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 3.18 to 12.048.
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Equivalent Funds
These are funds that follow the same index from the other major fund companies.
