- Issuer
- American Funds
- Inception Date
- Mar 25, 2021
- Category
- Diversified Portfolio
- Min. Investment
- $250
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
CDJAX Performance Chart
American Funds College 2039 Fund (CDJAX) is up 8.8% since the beginning of the year. CDJAX is currently trading at $14 per share. Investors who bought $1,000 worth of CDJAX shares 5 years ago would now be looking at an investment worth $1,513.
Loading charts...
Returns By Period
American Funds College 2039 Fund (CDJAX) has returned 8.84% so far this year and 21.59% over the past 12 months.
American Funds College 2039 Fund
- 1D
- 0.14%
- 1M
- 2.20%
- YTD
- 8.84%
- 6M
- 9.27%
- 1Y
- 21.59%
- 3Y*
- 18.40%
- 5Y*
- 8.63%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.64%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- 23.05%
- 3Y*
- 19.90%
- 5Y*
- 11.79%
- 10Y*
- 13.33%
CDJAX Monthly Returns History
Based on dividend-adjusted daily data since May 21, 2021, CDJAX's average daily return is +0.04%, while the average monthly return is +0.78%. At this rate, an investment would double in approximately 7.4 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2023 with a return of +8.8%, while the worst month was Apr 2022 at -8.3%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.
On a daily basis, CDJAX closed higher 51% of trading days. The best single day was Apr 9, 2025 with a return of +6.4%, while the worst single day was Jun 13, 2022 at -3.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.42% | 0.92% | -5.90% | 7.96% | 3.87% | -0.22% | 8.84% | ||||||
| 2025 | 3.68% | -1.27% | -4.02% | 0.98% | 5.56% | 4.93% | 0.80% | 1.90% | 2.33% | 1.67% | 0.82% | 0.40% | 18.87% |
| 2024 | 0.39% | 4.39% | 2.90% | -3.63% | 3.49% | 2.00% | 1.52% | 2.11% | 1.98% | -1.69% | 3.26% | -2.04% | 15.33% |
| 2023 | 6.93% | -2.64% | 2.71% | 1.21% | -0.54% | 4.91% | 3.12% | -2.22% | -4.44% | -2.48% | 8.75% | 5.70% | 21.97% |
| 2022 | -6.64% | -2.82% | 0.60% | -8.27% | 0.33% | -7.68% | 6.45% | -3.52% | -8.22% | 5.22% | 7.21% | -3.82% | -20.70% |
| 2021 | 1.65% | 0.95% | 0.66% | 2.53% | -3.66% | 4.74% | -2.81% | 2.99% | 6.97% |
Benchmark Metrics
American Funds College 2039 Fund has an annualized alpha of -1.05%, beta of 0.80, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since May 24, 2021.
- This fund participated in 92.00% of S&P 500 Index downside but only 79.40% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -1.05%
- Beta
- 0.80
- R²
- 0.92
- Upside Capture
- 79.40%
- Downside Capture
- 92.00%
Expense Ratio
CDJAX has an expense ratio of 0.48%, placing it in the medium range.
Return for Risk
Risk / Return Rank
CDJAX ranks 55 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Funds College 2039 Fund (CDJAX) and compare them to S&P 500 Index.
| CDJAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.36 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.63 | 2.69 | -0.06 |
| Martin ratioReturn relative to average drawdown | 11.94 | 12.34 | -0.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
American Funds College 2039 Fund provided a 5.64% dividend yield over the last twelve months, with an annual payout of $0.78 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Dividend | $0.78 | $0.78 | $0.36 | $0.17 | $0.22 | $0.05 |
Dividend yield | 5.64% | 6.14% | 3.12% | 1.63% | 2.53% | 0.45% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds College 2039 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.78 | $0.78 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2021 | $0.05 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds College 2039 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds College 2039 Fund was 28.37%, occurring on Oct 14, 2022. Recovery took 345 trading sessions.
The current American Funds College 2039 Fund drawdown is 0.43%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -28.37%Oct 2022 | 11mo 1d | 1y 4mo | 2y 3moNov 2021 - Mar 2024 |
2025 selloff2025 | -14.35%Apr 2025 | 1mo 18d | 1mo 25d | 3mo 13dFeb 2025 - Jun 2025 |
2026 pullback2026 | -8.44%Mar 2026 | 1mo 2d | 16d | 1mo 18dFeb 2026 - Apr 2026 |
2024 pullback2024 | -6.82%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2021 pullback2021 | -4.90%Oct 2021 | 27d | 24d | 1mo 21dSep 2021 - Oct 2021 |
Drawdown Indicators
| CDJAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.37% | -56.78% | +28.41% |
Max Drawdown (1Y)Largest decline over 1 year | -8.44% | -9.10% | +0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -14.35% | -18.90% | +4.55% |
Max Drawdown (5Y)Largest decline over 5 years | -28.37% | -25.43% | -2.94% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.43% | -2.97% | +2.54% |
Average DrawdownAverage peak-to-trough decline | -7.34% | -10.72% | +3.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 1.97% | -0.11% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with CDJAX
Add American Funds College 2039 Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with CDJAX