CTSCX

About CTSCX

American Funds College 2027 Fund 529-C is a target-date mutual fund designed to help investors save for future educational expenses, particularly college tuition. Its primary purpose is to provide a balanced investment approach that seeks growth, income, and preservation of capital as the fund approaches its target date of 2027. The fund achieves this by allocating assets among a diversified mix of other American Funds, including short- and intermediate-term bond funds, balanced funds, and selective equity and income funds. This "fund of funds" structure allows for automatic adjustments to the asset allocation over time, moving toward more conservative investments as the target date nears. The fund predominantly invests in fixed income securities but maintains a meaningful allocation to equity through holdings in large-cap value and balanced funds, helping to manage risk while aiming for competitive returns. It is commonly used in 529 college savings plans, offering a professionally managed solution for families planning ahead for education-related expenses and seeking a blend of risk management and total return potential as the beneficiary approaches college age.