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Class A, B, C, F-1 and F-2 shares with and without fee waivers and/or expense reimbursements

The table below shows Class A, B, C, F-1 and F-2 share returns and SEC yields with and without fee waivers and/or expense reimbursements for some funds and share classes. To get each fund’s expense ratio, and its yield and returns for other periods not shown that reflect the fee waiver and/or expense reimbursements, visit the detailed fund information page for each fund listed below. You may also read details about how waivers and/or reimbursements affect the results for each fund.

Important: Class B shares are no longer available for new investments effective April 21, 2009. Shareholders currently invested in Class B shares will be able to hold those shares until the shares convert to Class A shares. However, additional investments into Class B shares will not be accepted.

Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Fund results shown are at net asset value with all distributions reinvested. If a sales charge had been deducted, the results would have been lower. Share prices and returns will vary, so investors may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

An investment in the money market fund is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.

Growth and Income Fund

Fund name
Annualized 30-day SEC yields*
as of March 31, 2014
A B C F-1 F-2
American Funds Developing World Growth and Income FundSM

Money Market Fund

Fund name
Annualized 7-day yields*
as of March 31, 2014
A B C F-1 F-2
American Funds Money Market Fund® −0.32% −1.08% −0.37% −0.64% −0.38%

Tax-Exempt Fund

Fund name
Annualized 30-day SEC yields
as of March 31, 2014
A B C F-1 F-2
American Funds Tax-Exempt Fund of New York® 2.47% 1.85% 1.69% 2.73% 2.63%

American Funds Portfolio SeriesSM

Fund name
Annualized 30-day SEC yields
as of March 31, 2014
A B C F-1 F-2
American Funds Balanced PortfolioSM 1.49% 0.83% 0.82% 1.54% 1.81%
American Funds Global Growth PortfolioSM 0.90% 0.19% 0.19% 0.95% 1.19%
American Funds Growth and Income PortfolioSM 1.67% 1.00% 1.00% 1.75% 2.00%
American Funds Growth PortfolioSM 0.41% −0.36% −0.35% 0.40% 0.63%
American Funds Income PortfolioSM 2.81% 2.22% 2.24% 2.97% 3.21%
American Funds Preservation PortfolioSM 1.00% 0.27% 0.31% 1.03% 1.27%
American Funds Tax-Advantaged Income PortfolioSM 2.59% 2.01% 1.98% 2.73% 3.00%
American Funds Tax-Exempt Preservation PortfolioSM 2.48% 1.81% 1.83% 2.56% 2.81%

American Funds Target Date Retirement Series®

Fund name
Annualized 30-day SEC yields
as of March 31, 2014
A B C F-1 F-2
American Funds 2055 Target Date Retirement Fund® 0.74% −0.01% −0.01% 0.65% N/A
American Funds 2050 Target Date Retirement Fund® 0.98% 0.28% 0.26% N/A 1.26%
American Funds 2045 Target Date Retirement Fund® 1.01% 0.29% 0.27% N/A 1.26%
American Funds 2040 Target Date Retirement Fund® 1.04% 0.33% 0.33% 1.01% 1.31%
American Funds 2035 Target Date Retirement Fund® 1.11% 0.38% 0.37% 1.12% 1.38%
American Funds 2030 Target Date Retirement Fund® 1.14% 0.41% 0.42% 1.09% 1.39%
American Funds 2025 Target Date Retirement Fund® 1.14% 0.42% 0.42% 1.14% 1.42%
American Funds 2020 Target Date Retirement Fund® 1.27% 0.59% 0.59% 1.33% 1.57%
American Funds 2015 Target Date Retirement Fund® 1.38% 0.69% 0.68% 1.40% 1.65%
American Funds 2010 Target Date Retirement Fund® 1.67% 1.01% 1.01% N/A 2.00%

Money Market Fund

Annualized returns

Fund name
Average annual total returns since shares first sold
as of March 31, 2014
(date shares first sold)
A B C F-1 F-2
American Funds Money Market Fund
With reimbursements 0.00%
(May 1, 2009)
0.00%
(May 1, 2009)
0.00%
(May 1, 2009)
0.00%
(May 1, 2009)
0.00%
(May 1, 2009)
Without reimbursements −0.27% −0.97% −0.30% −0.57% −0.25%

Although the target date funds are managed for investors on a projected retirement date time frame, the fund’s allocation strategy does not guarantee that investors’ retirement goals will be met. American Funds investment professionals actively manage each target date fund’s portfolio, moving it from a more growth-oriented strategy to a more income-oriented focus as the fund gets closer to its target date. The target date is the year in which an investor is assumed to retire and begin taking withdrawals. Investment professionals continue to manage each fund for 30 years after it reaches its target date.

*Calculated by annualizing dividends paid during the last seven days of the period. For money markets funds, the annualized 7-day SEC yield more accurately reflects the fund’s current earnings than does total return.

N/A: Not applicable. This share class is not available for this fund.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses. When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.


Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by American Funds Distributors® and sold through unaffiliated intermediaries.