American Funds College 2030 529-F-3 (FTFCX)
| Fund Assets | 4.75B |
| Expense Ratio | 0.35% |
| Min. Investment | $250 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 3.82% |
| Dividend Growth | 31.42% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 14.32 |
| YTD Return | 9.92% |
| 1-Year Return | 8.60% |
| 5-Year Return | n/a |
| 52-Week Low | 12.83 |
| 52-Week High | 14.32 |
| Beta (5Y) | n/a |
| Holdings | 15 |
| Inception Date | Oct 30, 2020 |
About FTFCX
American Funds College 2030 Fund 529-F-3 is a target-date mutual fund designed for education savings within approximately the 2028–2030 enrollment window. It pursues a blend of growth, income, and capital preservation that shifts over time, allocating more to fixed income and equity-income strategies as the target date approaches. The portfolio invests exclusively in underlying American Funds across equity, balanced, and bond categories, providing diversified exposure to U.S. and non-U.S. stocks and a substantial core of U.S. and global bonds. Recent asset mix data for this series indicates a majority allocation to fixed income with a smaller equity sleeve, reflecting its late-stage glide path toward stability and downside mitigation. The fund distributes income annually and maintains a relatively low minimum initial investment, aiming to simplify college savings through a single, age-aligned vehicle. It is part of the broader American Funds College Target Date Series, which follows a structured glide path and merges into an enrollment-focused option at the target date to emphasize capital preservation during the tuition-spending years.
Performance
FTFCX had a total return of 8.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.54%.
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 | $0.5459 | Dec 24, 2024 |
| Dec 21, 2023 | $0.4154 | Dec 22, 2023 |
| Dec 22, 2022 | $0.5196 | Dec 23, 2022 |
| Dec 22, 2021 | $1.7788 | Dec 23, 2021 |
| Dec 22, 2020 | $0.8615 | Dec 23, 2020 |