American Funds College Enrollment 529-F3 (FTAOX)
| Fund Assets | 3.64B |
| Expense Ratio | 0.34% |
| Min. Investment | $250 |
| Turnover | 5.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 3.54% |
| Dividend Growth | -5.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 9.68 |
| YTD Return | 5.65% |
| 1-Year Return | 5.70% |
| 5-Year Return | n/a |
| 52-Week Low | 9.17 |
| 52-Week High | 9.74 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | Oct 30, 2020 |
About FTAOX
American Funds College Enrollment Fund 529-F-3 is an age-based 529 portfolio designed to support education savings as beneficiaries approach college enrollment. The fund invests primarily in underlying American Funds with a strong tilt to high-quality fixed income, aiming for current income and capital preservation in the final years before college. As of recent disclosures, the portfolio emphasizes U.S. bonds with limited equity exposure, reflecting its conservative glidepath near enrollment, and features a relatively short effective duration consistent with short- to intermediate-term bond positioning. It is part of Virginia’s CollegeAmerica program lineup and is available in multiple 529 share classes; this share class carries a low minimum initial investment and a moderate, all-in expense ratio that includes acquired fund fees. The fund distributes income annually and maintains low portfolio turnover, aligning with its objective-based, multi-fund construction for tax-advantaged college funding within 529 plans.
Performance
FTAOX had a total return of 5.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.79%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds ST Bd Fd of Amer R6 | RMMGX | 39.94% |
| American Funds Interm Bd Fd of Amer R6 | RBOGX | 31.04% |
| American Funds Mortgage R6 | RMAGX | 10.03% |
| American Funds American Mutual R6 | RMFGX | 9.00% |
| American Funds Strategic Bond R-6 | RANGX | 5.02% |
| American Funds American Balanced R6 | RLBGX | 5.00% |
| Cash And Other Assets Less Liablities | n/a | -0.04% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.3445 | Dec 24, 2024 |
| Dec 21, 2023 | $0.3642 | Dec 22, 2023 |
| Dec 22, 2022 | $0.2451 | Dec 23, 2022 |
| Dec 22, 2021 | $0.1348 | Dec 23, 2021 |
| Dec 22, 2020 | $0.3847 | Dec 23, 2020 |