FFPPX

About FFPPX

American Funds Preservation Portfolio 529-F-3 is a 529 plan underlying mutual fund designed to pursue current income while emphasizing preservation of capital. It allocates primarily to American Funds fixed income strategies, concentrating in high-quality U.S. bonds with short-to-intermediate interest rate exposure, including U.S. Treasuries, agency mortgage‑backed securities, and asset‑backed obligations. According to Capital Group, the portfolio maintains a broad bond exposure with minimal equity allocation, pays dividends monthly, and targets a conservative risk profile suited to education‑focused savings where stability is prioritized. The fund is offered with a low turnover approach and a layered cost structure reflecting underlying fund expenses. As part of Capital Group’s portfolio series, it serves as the most capital‑preservation‑oriented option, providing a core fixed income anchor within 529 plan lineups and complementing more growth‑oriented portfolios. Its role in the market is to deliver dependable income and dampen volatility across market cycles for college savers seeking a steady, bond‑centric allocation.