RPBEX

About RPBEX

American Funds Preservation Portfolio – Class R-2E is a fund-of-funds within the short-term bond category designed to provide current income while emphasizing preservation of capital. It allocates primarily to American Funds fixed income strategies, with exposure concentrated in high-quality sectors such as U.S. Treasury and agency securities, mortgage‑backed and asset‑backed obligations, and investment‑grade corporate bonds. The portfolio maintains a short interest-rate profile and relatively low volatility, reflecting its focus on stability in challenging markets. Managed by Capital Research and Management Company, it distributes income monthly and typically exhibits modest turnover, aligning with its conservative mandate. As of mid‑2025, the portfolio held a diversified mix of more than a thousand underlying issuers, with U.S. bonds comprising the vast majority of assets. This structure positions the fund as a capital‑preservation building block for investors seeking a steady income stream and limited equity exposure within a diversified retirement or conservative allocation strategy.