CTSEX

About CTSEX

American Funds College 2027 Fund 529-E is an age‑based 529 portfolio designed to balance growth, income, and capital preservation as a beneficiary approaches college enrollment around 2027. According to its sponsor, the strategy gradually shifts to a more conservative mix over time, increasingly emphasizing fixed income, equity‑income, and balanced underlying funds to reduce volatility near the target date. The portfolio invests primarily through American Funds strategies, with a substantial allocation to U.S. bonds and complementary exposure to non‑U.S. bonds, U.S. equities, and a smaller sleeve of non‑U.S. equities, reflecting its late‑stage glide‑path positioning. Its construction relies on multiple experienced managers and diversified underlying bond and balanced funds to manage interest‑rate, credit, and equity risks while seeking dependable income. The fund’s objectives and asset mix align with 529 plan needs—aiming to preserve accumulated savings as tuition nears while retaining some growth potential through equity and multi‑sector income exposure. Morningstar categorizes it within allocation/target‑date frameworks and notes concentrated top holdings primarily in American Funds fixed‑income and balanced strategies.