American Funds Preservation 529-F-2 (FPPPX)
| Fund Assets | 1.86B |
| Expense Ratio | 0.38% |
| Min. Investment | $250 |
| Turnover | 6.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.11% |
| Dividend Growth | -2.33% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 9.58 |
| YTD Return | 0.83% |
| 1-Year Return | 6.56% |
| 5-Year Return | 9.00% |
| 52-Week Low | 9.03 |
| 52-Week High | 9.60 |
| Beta (5Y) | n/a |
| Holdings | 3 |
| Inception Date | Oct 30, 2020 |
About FPPPX
American Funds Preservation Portfolio Class 529-F-2 is a multi-manager fixed-income mutual fund designed for capital preservation and current income within a 529 plan framework. It allocates primarily to underlying American Funds bond strategies, emphasizing short-duration, high-quality exposures across U.S. Treasuries, agency mortgage-backed securities, and asset-backed obligations, with limited corporate and non-U.S. government holdings. The portfolio maintains a conservative interest-rate profile and seeks steady monthly distributions, reflecting its role as a lower-volatility anchor for education-focused investors prioritizing stability over growth. Managed by Capital Group’s portfolio solutions team, the fund leverages scale and deep research across hundreds of issuers to diversify credit and securitized exposures. Its benchmark orientation centers on the short end of the U.S. government/credit market, aligning the mandate with limited interest-rate sensitivity and a focus on principal stability. Regular income payments and a disciplined turnover approach support its function as a core preservation vehicle within goal-based asset allocations.
Performance
FPPPX had a total return of 6.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.01%.
Top Holdings
| 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 | -0.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0186 | Jan 28, 2026 |
| Dec 29, 2025 | $0.0469 | Dec 30, 2025 |
| Nov 24, 2025 | $0.0284 | Nov 25, 2025 |
| Oct 28, 2025 | $0.0323 | Oct 29, 2025 |
| Sep 25, 2025 | $0.0357 | Sep 26, 2025 |
| Aug 26, 2025 | $0.0314 | Aug 27, 2025 |