American Funds Capital Income Builder® Class 529-E is a globally diversified mutual fund designed to provide investors with a high level of current income while also pursuing the potential for capital growth. Its principal objective is to deliver a stream of income that consistently exceeds the average yield paid by U.S. companies, while also seeking to increase that income over time. The fund accomplishes this mandate by dynamically allocating assets across multiple classes, including a broad range of income-producing equities and fixed-income securities from both domestic and international issuers. Core sectors impacted by this strategy include global large-cap equities, high-yield dividend stocks, and select bonds, providing a balanced exposure that emphasizes income without sacrificing growth potential. This fund is particularly notable for its disciplined, multi-manager approach, which enhances both risk management and consistency. Positioned in the global, moderately aggressive allocation category, it typically maintains a strategic mix that blends equity and fixed-income, aligning with investor needs for ongoing distributions, such as those found in educational savings accounts and 529 plans.
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