American Funds Capital Income Builder Class A (CAIBX)
American Funds Capital Income Builder Class A operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $84.66, up 0.08% on the session, giving a market capitalisation of $128.15B. Its beta of 0.88 implies it has historically moved less than the broad market.
This fund typically allocates a minimum of 90% of its holdings to income-generating securities, ensuring at least half of its total assets are specifically invested in common stocks and other equity instruments. Its portfolio primarily encompasses a diverse range of income-producing investments, including both equities and fixed-income assets. The main objective is to provide investors with a current income level that exceeds the average yield of U.S. stocks, often guided by the average yield of companies within the S&P 500 Index.
American Funds Capital Income Builder Class A is most often compared with the following Financial Services names: