2017 Year-End Distributions | American Funds

Tax Center

SEPTEMBER 14, 2017

2017 Year-End Distributions

Year-end distribution amounts can also be found in Historical Distributions on the fund’s December record dates

Capital Gain Distributions

The anticipated long-term capital gain distributions for 2017 are listed below. The actual distribution amounts will be based on gains and losses realized through October 31 (or later for certain funds). Estimates on a per-share basis will be available by December. The funds’ long-term approach to investing means that the capital gains realized in a particular year can be the result of an investment held over an extended period of time. The amount of capital gain distributions may vary year over year since the distributions are based on net capital gains realized each year.

Read our Capital Gains FAQ to learn about capital gain distributions and how they affect your account.

Year-End Distributions of Capital Gains

Per-Share Amounts

Fund

Record

Date

Payment

Date

Long-Term

Short-Term1

AMCAP Fund®

12/18

12/19

$1.1340

American Balanced Fund®

12/19

12/20

0.8820

American Funds Corporate Bond Fund®

12/29

1/2/18

0.0084

$0.0202

American Funds Developing World Growth and Income Fund℠

12/22

12/26

American Funds Emerging Markets Bond Fund®

12/29

1/2/18

0.0101

0.0100

American Funds Global Balanced Fund℠

12/21

12/22

0.4810

American Funds Inflation Linked Bond Fund®

12/22

12/26

0.0325

American Funds Mortgage Fund®

12/29

1/2/18

0.0133

0.0120

American Funds Short-Term Tax-Exempt Bond Fund®

12/29

1/2/18

American Funds Strategic Bond Fund℠

12/15

12/18

0.0983

American Funds Tax-Exempt Fund of New York®

12/29

1/2/18

American High-Income Municipal Bond Fund®

12/29

1/2/18

American High-Income Trust®

12/29

1/2/18

American Mutual Fund®

12/18

12/19

1.6730

The Bond Fund of America®

12/29

1/2/18

Capital Income Builder®

12/22

12/26

0.7921

Capital World Bond Fund®

12/15

12/18

Capital World Growth and Income Fund®

12/20

12/21

2.5090

EuroPacific Growth Fund®

12/21

12/22

1.1693

Fundamental Investors®

12/20

12/21

3.2550

The Growth Fund of America®

12/20

12/21

3.2340

The Income Fund of America®

12/19

12/20

0.5010

Intermediate Bond Fund of America®

12/29

1/2/18

International Growth and Income Fund℠

12/19

12/20

The Investment Company of America®

12/18

12/19

2.2600

Limited Term Tax-Exempt Bond Fund of America®

12/29

1/2/18

The New Economy Fund®

12/22

12/26

3.6171

New Perspective Fund®

12/21

12/22

2.1792

New World Fund®

12/21

12/22

0.6381

Short-Term Bond Fund of America®

12/29

1/2/18

SMALLCAP World Fund®

12/20

12/21

2.5000

The Tax-Exempt Bond Fund of America®

12/29

1/2/18

The Tax-Exempt Fund of California®

12/29

1/2/18

U.S. Government Securities Fund®

12/29

1/2/18

Washington Mutual Investors Fund℠

12/18

12/19

1.4834

American Funds Portfolio Series℠

American Funds Conservative Growth and Income PortfolioSM2

12/27

12/28

0.0575

American Funds Global Growth Portfolio℠

12/27

12/28

0.9250

American Funds Growth and Income Portfolio℠

12/27

12/28

0.2682

American Funds Growth Portfolio℠

12/27

12/28

0.4854

American Funds Moderate Growth and Income PortfolioSM2

12/27

12/28

0.2913

American Funds Preservation Portfolio℠

12/27

12/28

American Funds Tax-Advantaged Growth and Income PortfolioSM2

12/27

12/28

0.2230

American Funds Tax-Exempt Preservation Portfolio℠

12/27

 

12/28

 

AMERICAN FUNDS RETIREMENT INCOME PORTFOLIO SERIES℠

American Funds Retirement Income Portfolio – Conservative℠

12/27

12/28

0.0203

American Funds Retirement Income Portfolio – Enhanced℠

12/27

12/28

0.0339

American Funds Retirement Income Portfolio – Moderate℠

12/27

12/28

0.0302

American Funds Target Date Retirement Series®

American Funds 2060 Target Date Retirement Fund®

12/28

12/29

0.1082

American Funds 2055 Target Date Retirement Fund®

12/28

12/29

0.2702

American Funds 2050 Target Date Retirement Fund®

12/28

12/29

0.2375

American Funds 2045 Target Date Retirement Fund®

12/28

12/29

0.2347

American Funds 2040 Target Date Retirement Fund®

12/28

12/29

0.2330

American Funds 2035 Target Date Retirement Fund®

12/28

12/29

0.2147

American Funds 2030 Target Date Retirement Fund®

12/28

12/29

0.2056

American Funds 2025 Target Date Retirement Fund®

12/28

12/29

0.1706

American Funds 2020 Target Date Retirement Fund®

12/28

12/29

0.1465

American Funds 2015 Target Date Retirement Fund®

12/28

12/29

0.1253

American Funds 2010 Target Date Retirement Fund®

12/28

12/29

0.0870

1Short-term capital gains are treated as ordinary income for tax purposes.

Qualified Dividends

Funds that invest in stocks of U.S. corporations and many of those based outside the U.S. pay dividends that qualify for lower tax rates. However, when a fund derives a significant portion of its income from sources such as interest, short-term capital gains and dividends from certain international corporations, a portion of its dividend does not qualify for reduced tax rates. Instead, that portion is taxed at the ordinary income rates. Funds that derive all of their income from investments in bonds, money market instruments and non-dividend-paying investments do not pay qualified dividends.

Below are preliminary 2017 estimates of the percentage range of each fund’s taxable dividends that qualify for lower tax rates. The final percentages for 2017 could vary. The actual amount of qualified dividends will be reported on the 2017 Form 1099-DIV (mailed in late January).

Funds That Paid Qualified Dividends

Fund

Percentage

AMCAP Fund

100.00%

American Balanced Fund

77.39

American Funds Corporate Bond Fund

0.99

American Funds Developing World Growth and Income Fund

79.84

American Funds Global Balanced Fund

89.67

American Funds Strategic Bond Fund

2.81

American High-Income Trust

2.15

American Mutual Fund

100.00

The Bond Fund of America

0.51

Capital Income Builder

86.99

Capital World Bond Fund

2.45

Capital World Growth and Income Fund

100.00

EuroPacific Growth Fund

100.00

Fundamental Investors

100.00

The Growth Fund of America

100.00

The Income Fund of America

78.78

International Growth and Income Fund

100.00

The Investment Company of America

100.00

The New Economy Fund

100.00

New Perspective Fund

100.00

New World Fund

93.64

SMALLCAP World Fund

3

Washington Mutual Investors Fund

100.00

AMERICAN FUNDS PORTFOLIO SERIES

American Funds Conservative Growth and Income Portfolio2

68.64

American Funds Global Growth Portfolio

100.00

American Funds Growth and Income Portfolio

100.00

American Funds Growth Portfolio

100.00

American Funds Moderate Growth and Income Portfolio2

100.00

American Funds Preservation Portfolio

0.04

American Funds Tax-Advantaged Growth and Income Portfolio2

100.004

AMERICAN FUNDS RETIREMENT INCOME PORTFOLIO SERIES

American Funds Retirement Income Portfolio — Conservative

67.15

American Funds Retirement Income Portfolio — Enhanced

93.40

American Funds Retirement Income Portfolio — Moderate

82.80

AMERICAN FUNDS TARGET DATE RETIREMENT SERIES

American Funds 2060 Target Date Retirement Fund

100.00

American Funds 2055 Target Date Retirement Fund

100.00

American Funds 2050 Target Date Retirement Fund

100.00

American Funds 2045 Target Date Retirement Fund

100.00

American Funds 2040 Target Date Retirement Fund

100.00

American Funds 2035 Target Date Retirement Fund

100.00

American Funds 2030 Target Date Retirement Fund

92.58

American Funds 2025 Target Date Retirement Fund

87.97

American Funds 2020 Target Date Retirement Fund

76.78

American Funds 2015 Target Date Retirement Fund

70.69

American Funds 2010 Target Date Retirement Fund

66.45

2Three funds of funds within the American Funds Portfolio SeriesSM have been renamed, effective 1/1/18:

  • American Funds Balanced PortfolioSM to American Funds Moderate Growth and Income PortfolioSM
  • American Funds Income PortfolioSM to American Funds Conservative Growth and Income PortfolioSM
  • American Funds Tax-Advantaged Income PortfolioSM to American Funds Tax-Advantaged Growth and Income PortfolioSM

3The fund did not pay taxable dividends in 2017.

4This percentage applies to the taxable portion of the fund's total dividend.

Return of Capital

A portion of the income dividends distributed by American Funds Emerging Markets Bond Fund, American Funds Strategic Bond Fund and Capital World Bond Fund during 2017 may be classified as a return of capital. The actual amount of return of capital will be reported in Box 3 “Nondividend Distributions” of the 2017 1099-DIV (mailed in late January).


Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. 

Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.