American Funds College 2030 529E (CTHEX)
| Fund Assets | 4.75B |
| Expense Ratio | 0.93% |
| Min. Investment | $250 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.42% |
| Dividend Growth | 38.97% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 14.17 |
| YTD Return | 9.44% |
| 1-Year Return | 7.94% |
| 5-Year Return | 30.48% |
| 52-Week Low | 12.72 |
| 52-Week High | 14.17 |
| Beta (5Y) | n/a |
| Holdings | 15 |
| Inception Date | Sep 14, 2012 |
About CTHEX
American Funds College 2030 Fund Class 529-E is a target-date mutual fund within a 529 education savings program designed to align with beneficiaries planning to begin higher-education withdrawals around 2030. The fund’s objective shifts over time among growth, income, and preservation of capital, adjusting its risk profile as the target date approaches. It invests primarily through a diversified mix of underlying American Funds spanning U.S. and non-U.S. equities, core and multi-sector bonds, and balanced strategies, providing broad exposure across asset classes and geographies. Recent asset allocation emphasizes fixed income alongside a measured equity stake to support stability while maintaining growth potential. The portfolio is overseen by a multi-manager team and concentrates assets in a limited set of underlying funds, resulting in a high percentage of assets in its top holdings. The vehicle aims to simplify college planning by automating rebalancing and glidepath management, offering investors a single, age-based solution with regular income distributions and an expense structure typical of its share class within the series.
Performance
CTHEX had a total return of 7.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
90.13% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Interm Bd Fd of Amer R6 | RBOGX | 15.40% |
| American Funds The Bond Fund of America | RBFGX | 12.27% |
| American Funds Mortgage R6 | RMAGX | 11.98% |
| American Funds American Mutual R6 | RMFGX | 10.06% |
| American Funds Strategic Bond R-6 | RANGX | 9.59% |
| American Funds Income Fund of Amer R6 | RIDGX | 6.95% |
| American Funds American Balanced R6 | RLBGX | 6.92% |
| American Funds American High-Inc R6 | RITGX | 5.98% |
| American Funds Multi-Sector Income R-6 | RMDUX | 5.94% |
| American Funds Washington Mutual R6 | RWMGX | 5.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.4839 | Dec 24, 2024 |
| Dec 21, 2023 | $0.3482 | Dec 22, 2023 |
| Dec 22, 2022 | $0.4532 | Dec 23, 2022 |
| Dec 22, 2021 | $1.7007 | Dec 23, 2021 |
| Dec 22, 2020 | $0.7792 | Dec 23, 2020 |
| Dec 26, 2019 | $0.5977 | Dec 27, 2019 |