American Funds Preservation 529-F-2 (FPPPX)

Fund Assets	1.86B
Expense Ratio	0.391%
Min. Investment	$250
Turnover	6.00%
Dividend (ttm)	0.38
Dividend Yield	4.10%
Dividend Growth	-5.70%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 25, 2026

Previous Close	9.23
YTD Return	-0.78%
1-Year Return	-0.09%
5-Year Return	6.82%
52-Week Low	9.19
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.

• Fund Family: Capital Group
• Category: Short-Term Bond
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FPPPX
• Share Class: Class 529-f-2
• Index: Bloomberg 1-5 Yr US Govt/Credit A+ TR USD

Performance

FPPPX had a total return of -0.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.15%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PPFFX	Class F-3	0.28%
RPPGX	Class R-6	0.28%
CPQGX	Class Able-f-2	0.31%
FFPPX	Class 529-f-3	0.33%

Top Holdings

Name	Symbol	Weight
American Funds ST Bd Fd of Amer R-6	RMMGX	55.02%
American Fds Itmt Bd Fd of Amer R-6	RBOGX	45.01%
Cash And Other Assets Less Liablities	n/a	-0.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 25, 2026	$0.031	Sep 28, 2026
Aug 26, 2026	$0.0317	Aug 27, 2026
Jul 28, 2026	$0.0327	Jul 29, 2026
Jun 25, 2026	$0.0335	Jun 26, 2026
May 26, 2026	$0.0307	May 27, 2026
Apr 27, 2026	$0.0308	Apr 28, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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