Capital Income Builder Cl F-1 Shs
CIBFX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 333 S Hope St - 55th Fl (micg) Los Angeles CA United States of America 90071
- IPO Date
- Mar 15, 2001
- CIK
- 0000811968
- Website
- capitalgroup.com
- Similar Companies
- Business
- Capital Income Builder Cl F-1 Shs (CIBFX) is a mutual fund managed by Capital Group that seeks to produce a level of current income exceeding the average yield on U.S. stocks while providing a growing stream of income and, secondarily, long-term capital appreciation through a globally diversified portfolio. The fund invests primarily in common stocks and bonds, with allocations typically including U.S. equities (around 42%), non-U.S. equities (around 35%), U.S. bonds (around 16%), non-U.S. bonds (under 1%), and cash equivalents, emphasizing sectors such as financials, information technology, industrials, health care, and consumer staples; it distributes regular quarterly dividends in March, June, September, and December, alongside potential capital gains in December. Key portfolio managers include Steven T. Watson (lead since 2007), along with James Lovelace, Winnie Kwan, David Hoag, and others, overseeing more than 930 companies and issuers across regions like the United States (54%), Europe & Middle East (27%), emerging markets, Japan, Canada, Asia-Pacific ex-Japan, and China. Incepted on July 30, 1987, the fund is part of the American Funds family under Capital Group, headquartered in Los Angeles, California, and operates globally with assets under management of approximately $119 billion as of October 31, 2025, serving over 83,000 shareholder accounts through a minimum initial investment of $250. It falls within the global moderately aggressive allocation category, featuring an expense ratio of 0.66%, portfolio turnover of 56% in 2024, and a 30-day SEC yield of 2.79%. Recent developments include portfolio management continuity with Steven T. Watson as lead manager, supported by a deep team averaging extensive experience (e.g., Jim Lovelace at 33 years on the fund), and a prospectus update effective January 1, 2025, alongside stable dividend payouts totaling $1.3566 year-to-date through September 2025; the fund maintained its focus amid market volatility, with no reported major acquisitions, partnerships, funding rounds, or strategic shifts specific to CIBFX in the past 1-2 years, reflecting its established multiple-manager approach.