CPPCX

About CPPCX

American Funds Preservation Portfolio 529-C is a college savings–focused mutual fund of funds designed to deliver current income while emphasizing preservation of capital. It primarily allocates to underlying American Funds fixed income strategies, concentrating in higher quality U.S. bonds with intermediate-to-short duration and limited equity exposure. According to the sponsor, the portfolio holds a broad mix of bond sectors—such as U.S. Treasuries, mortgage‑backed and asset‑backed securities, and investment‑grade corporates—aiming to dampen volatility and provide consistent distributions paid monthly. The fund’s structure supports 529 plan objectives by seeking stability and incremental income generation, with low portfolio turnover and a diversified issuer base across more than a thousand holdings as of mid‑2025. Its risk profile is framed by an effective duration near the short‑to‑intermediate range and a yield aligned with high‑quality bond markets. Within the broader market, the portfolio serves as a conservative building block for education savers who prioritize capital preservation and steady income over growth, leveraging Capital Group’s underlying fixed income lineup and risk management discipline.