American Funds College 2039 Fund (CDJAX)
The mutual fund aims to prioritize income and capital preservation by increasing investments in fixed income, equity-income, and balanced funds over time. It achieves its objectives through a diversified portfolio of American Funds across various categories.
Fund Info
| Issuer | American Funds |
|---|---|
| Inception Date | Mar 25, 2021 |
| Category | Diversified Portfolio |
| Min. Investment | $250 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
CDJAX has a high expense ratio of 0.48%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Funds College 2039 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Funds College 2039 Fund had a return of 7.93% year-to-date (YTD) and 21.90% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.93% | 10.00% |
| 1 month | 2.42% | 2.41% |
| 6 months | 15.97% | 16.70% |
| 1 year | 21.90% | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
Monthly Returns
The table below presents the monthly returns of CDJAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.39% | 4.39% | 2.90% | -3.63% | 7.93% | ||||||||
| 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% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of CDJAX is 76, placing it in the top 24% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
CDJAX (American Funds College 2039 Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Funds College 2039 Fund (CDJAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Funds College 2039 Fund granted a 1.51% dividend yield in the last twelve months. The annual payout for that period amounted to $0.17 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $0.17 | $0.17 | $0.22 | $0.05 |
Dividend yield | 1.51% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 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.
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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.37% | Nov 17, 2021 | 229 | Oct 14, 2022 | 345 | Mar 1, 2024 | 574 |
| -4.9% | Sep 7, 2021 | 20 | Oct 4, 2021 | 18 | Oct 28, 2021 | 38 |
| -4.81% | Apr 1, 2024 | 15 | Apr 19, 2024 | 17 | May 14, 2024 | 32 |
| -2.81% | Jul 6, 2021 | 10 | Jul 19, 2021 | 4 | Jul 23, 2021 | 14 |
| -1.88% | Jun 15, 2021 | 4 | Jun 18, 2021 | 5 | Jun 25, 2021 | 9 |
Volatility
Volatility Chart
The current American Funds College 2039 Fund volatility is 3.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.