American Funds Capital Income Builder Class 529-A
CIRAX
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
FRC
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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
- Los Angeles CA 90071 Los Angeles CA United States of America 90071
- IPO Date
- Feb 19, 2002
- CIK
- 0000811968
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds Capital Income Builder Class 529-A (CIRAX) is a mutual fund share class within the American Funds family, managed by Capital Research and Management Company (CRMC), that seeks current income, growth of capital, and conservation of principal through a diversified portfolio of dividend-paying common stocks and bonds. The fund invests primarily in a balanced mix of equity securities, including common stocks and convertible securities of established companies with strong balance sheets; high-quality, investment-grade fixed-income securities such as corporate bonds, U.S. government obligations, and mortgage-backed securities; and international equities, with allocations typically around 60-70% equities and 30-40% fixed income, adjusted dynamically based on market conditions. It offers share classes tailored for 529 college savings plans, featuring tax-deferred growth and state tax benefits where applicable; services include automatic investment plans, systematic withdrawal options, and professional portfolio management emphasizing high current yield and moderate risk. Headquartered in Los Angeles, California, the American Funds group traces its origins to 1931, with CRMC overseeing operations across the United States and global markets, serving individual investors, retirement plans, and institutional clients. In recent developments, the fund benefited from Capital Group's strategic merger of certain American Funds share classes in 2023 to streamline operations and enhance investor access; additionally, CRMC announced expanded sustainable investing options across its funds, including CIRAX equivalents, in 2024, alongside a key partnership with BlackRock in 2025 for enhanced fixed-income research capabilities amid rising interest rates. The fund operates within the large-value and multisector bond segments, targeting conservative income-oriented investors such as retirees and 529 plan participants, with geographic exposure spanning North America, Europe, and select emerging markets.