American Funds College 2036 Fund (CCFAX)
American Funds College 2036 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $14.49, up 0.28% on the session, giving a market capitalisation of $3.86B. Its beta of 0.98 implies it has historically moved less than the broad market.
As this fund advances toward and beyond its specified target year, its investment approach will gradually shift, prioritizing the generation of income and the protection of capital. This strategic adjustment involves dedicating a larger proportion of its assets to fixed income, equity-income, and balanced investment vehicles. The fund seeks to accomplish its financial objectives by strategically allocating capital across a varied selection of American Funds, utilizing distinct combinations and weightings. These underlying American Funds span a broad spectrum of investment styles, encompassing categories like growth-focused, growth-and-income, equity income, balanced, and pure fixed income portfolios.
American Funds College 2036 Fund is most often compared with the following Financial Services names: