Quick Guide To American Funds Capital Income Builder Class F2 Fund (CAIFX)

American Funds Capital Income Builder Class F2 Fund (CAIFX) a Zacks Rank #1 (Strong Buy) was incepted in August 2008 and is managed by Capital Research and Management Company. CAIFX seeks to provide conservation of capital, current income and long-term growth of capital and income by investing in stocks, bonds and other income-generating securities. CAIFX invests a major portion of its assets in different income-generating securities. In order to measure the average yield on the U.S. stocks, CAIFX compares average yield of those companies who are members of the S&P 500.

This Large Blend fund, as of the last filing, allocates their fund in five major groups; Large Value, Foreign Stock, Intermediate Bond, Large Growth and Precious Metal. Further, as of the last filing, Philip Morris International (NYSE:PM), Inc, Verizon Communications Inc (NYSE:VZ) and Altria Group (NYSE:MO), Inc were the top holdings for CAIFX.

The American Funds American Balanced Class C Fund, managed by American Funds , carries an expense ratio of 0.40%. Moreover, CAIFX requires a minimal initial investment of $250.

CAIFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 4.34% and 5 year 6.03%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

CAIFX’s performance, as of the last filing, when compared to funds in its category was in the top 53% in 1 year, top 76% over the past 3 years, and in the 72% over the past 5 years.

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