About TAIAX
American Funds Tax-Aware Conservative Growth and Income Portfolio Class A is a mutual fund designed to provide **current income**, with a significant portion intended to be **exempt from regular federal income taxes**, while also aiming for **long-term capital growth**. The fund achieves these objectives by investing in a diversified mix of **dividend-paying equities** and **tax-exempt fixed-income securities**, such as municipal bonds. Its asset allocation typically includes about **35–38% U.S. equities**, **13–14% non-U.S. equities**, and approximately **44–47% bonds**, with a relatively conservative risk profile suitable for investors seeking income and capital preservation.
The portfolio's holdings span a range of sectors, with notable exposure to information technology, industrials, financials, and healthcare. Municipal bonds constitute a substantial portion of its fixed income investments, reinforcing the fund’s tax efficiency. The fund is actively managed and emphasizes maintaining a moderate allocation strategy, focusing on **preservation of capital** and **minimizing tax liabilities**, making it particularly relevant for investors in higher tax brackets or those prioritizing after-tax returns. Regular dividend distributions and a consistent, disciplined investment process underpin its significance within **moderately conservative allocation** products in the market.
Fund Family Capital Group
Category Allocation--30% to 50% Equity
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol TAIAX
Share Class Class A
Index S&P 500 TR
TAIAX had a total return of 13.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.73%.
