RPPBX

About RPPBX

American Funds Preservation Portfolio Class R-2 is a 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 short-duration U.S. bonds such as mortgage‑backed securities, U.S. Treasuries, and asset‑backed obligations, with a modest allocation to high-quality non‑U.S. bonds and cash for liquidity. The portfolio’s structure targets relatively lower volatility and aims to provide stability during challenging markets, with monthly income distributions. Managed by Capital Research and Management Company, the strategy employs a conservative duration profile and diversified bond exposure to balance income generation with principal stability. It operates within the short‑term bond category and is periodically rebalanced by the Portfolio Solutions Committee to maintain its risk and income objectives. The class features bundled plan pricing typical of retirement share classes and aggregates the expenses of its underlying funds. Established in 2012, it serves retirement savers and conservative investors seeking a lower‑risk fixed income allocation that complements broader portfolios by dampening drawdowns and preserving purchasing power over shorter horizons.