Capital Group announced upcoming portfolio changes to the American Funds Tax-Aware Growth and Income series. On or about Sept. 28, 2023, the three portfolios in the series will see the addition of up to three Capital Group active equity exchange-traded funds in place of existing mutual funds. The new ETF exposures will range from a 42% weighting in the growth and income portfolio to a 15% weighting on the lower end within the conservative growth and income portfolio. Equity ETFs are usually more tax-efficient than mutual funds, so the additions should help these portfolios meet their objective to reduce taxes more effectively. Investors should expect a capital gains distribution this year, however, as a result of selling the mutual funds to purchase the ETFs.
American Fds TaxAwr Cnsrv Gr&Inc Port F1 TAIFX
- NAV / 1-Day Return 15.74 / +0.06 %
- Total Assets 4.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.680%
- Distribution Fee Level Average
- Share Class Type No Load
- Category Moderately Conservative Allocation
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity —
- Status Open
- TTM Yield 2.27%
- Turnover 4%
USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 9:56 PM GMT+0
Morningstar’s Analysis TAIFX
Will TAIFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 99.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
American High-Income Municipal Bond R-6 | 25.03 | 1.2 Bil | — |
American Funds Capital World Gr&Inc R6 | 19.98 | 968.9 Mil | — |
American Funds Tax Exempt Bond R-6 | 15.02 | 728.2 Mil | — |
Capital Group Dividend Value ETF | 14.93 | 723.9 Mil | — |
American Funds American Mutual R6 | 10.00 | 485.1 Mil | — |
American Funds Ltd-Term Tx-Ex Bd R-6 | 9.50 | 460.6 Mil | — |
American Funds Washington Mutual R6 | 5.00 | 242.5 Mil | — |
Capital Group Central Cash Fund | 0.42 | 20.4 Mil | Cash and Equivalents |
Cash And Other Assets Less Liablities | 0.11 | 5.3 Mil | Cash and Equivalents |