American Funds College 2027 529-F-3 (FFCTX)
| Fund Assets | 3.78B |
| Expense Ratio | 0.34% |
| Min. Investment | $250 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 3.88% |
| Dividend Growth | 19.62% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 12.56 |
| YTD Return | 6.17% |
| 1-Year Return | 6.68% |
| 5-Year Return | n/a |
| 52-Week Low | 11.75 |
| 52-Week High | 12.59 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Oct 30, 2020 |
About FFCTX
American Funds College 2027 Fund 529-F-3 is a target-date mutual fund within a college savings framework designed to help families prepare for education costs around the 2025–2027 enrollment window. It pursues a blend of growth, income, and capital preservation, adjusting its asset mix along a glide path that becomes more conservative as the target date approaches. The fund invests in a diversified lineup of underlying American Funds spanning equity, balanced, and fixed income strategies, providing multi-asset exposure in a single vehicle. As it nears the enrollment period, the portfolio places greater emphasis on high-quality bonds and income-oriented strategies to dampen volatility and support near-term spending needs. The series is structured to merge the nearest dated fund into the College Enrollment Fund at the target date, simplifying the transition from saving to paying for education expenses. Managed by Capital Group, the design aims to offer broad diversification, professional oversight, and an allocation calibrated to the timeframe associated with anticipated college enrollment.
Performance
FFCTX had a total return of 6.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.53%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTFEX | Fidelity | Fidelity Advisor Freedom 2030 Fund - Class M | 1.15% |
| FIJNX | Fidelity | Fidelity Advisor Freedom 2030 Fund - Class Z | 0.56% |
| FAFEX | Fidelity | Fidelity Advisor Freedom 2030 Fund - Class A | 0.90% |
| FDGLX | Fidelity | Fidelity Advisor Freedom 2030 K6 | 0.37% |
| FFBPX | Fidelity | Fidelity Freedom Blnd 2030 Premier | 0.23% |
Top 10 Holdings
97.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Interm Bd Fd of Amer R6 | RBOGX | 28.43% |
| American Funds ST Bd Fd of Amer R6 | RMMGX | 19.93% |
| American Funds Mortgage R6 | RMAGX | 12.50% |
| American Funds American Mutual R6 | RMFGX | 9.56% |
| American Funds Strategic Bond R-6 | RANGX | 7.49% |
| American Funds American Balanced R6 | RLBGX | 6.07% |
| American Funds The Bond Fund of America | RBFGX | 5.50% |
| American Funds American High-Inc R6 | RITGX | 2.51% |
| American Funds Income Fund of Amer R6 | RIDGX | 2.51% |
| American Funds Multi-Sector Income R-6 | RMDUX | 2.50% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.4878 | Dec 24, 2024 |
| Dec 21, 2023 | $0.4078 | Dec 22, 2023 |
| Dec 22, 2022 | $0.4223 | Dec 23, 2022 |
| Dec 22, 2021 | $1.0163 | Dec 23, 2021 |
| Dec 22, 2020 | $0.795 | Dec 23, 2020 |