American Funds College Enrollment Fund
Target-date fund
As of its 2026 Q2 report, American Funds College Enrollment Fund held 6 positions with $3.20B in net assets. Its ten largest holdings made up 99.8% of the fund. The CENAX share class costs 0.66% a year. Over the 12 months to May 2026, CENAX returned 6.0%, with dividends reinvested. In 2026 Q3 it added no new positions and exited none.
The funds investment objective is to provide current income, consistent with preservation of capital.
The fund invests principally in a mix of American Funds fixed income funds that seek current income through bonds and other fixed income instruments, with limited exposure to growth-and-income, equity-income, and balanced funds. The investment adviser constructs combinations of underlying funds targeting higher-quality bonds rated A- or better, with intermediate to short-term durations, though underlying funds may also hold lower-quality securities rated BBB+ or below and bonds with longer durations. Because the fund's returns depend on the adviser's selection and weighting of underlying funds, performance will diverge from any single fixed income benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
RMMGXSHORT TERM BOND FUND OF AMERICA | 39.84% | $1.27B | 133.4M | $9.55 |
INTERMEDIATE BOND FUND OF AMERICA | 30.87% | $986.89M | 78.3M | $12.60 |
RMAGXAMERICAN FUNDS MORTGAGE (AFMF) | 9.96% | $318.37M | 36.1M | $8.82 |
RMFGXAMERICAN MUTUAL FUND (AMF) | 9.07% | $290.12M | 4.7M | $61.84 |
RLBGXAMERICAN BALANCED FUND (AMBAL) | 5.04% | $161.15M | 4.1M | $39.60 |
RANGXAMERICAN FUNDS STRATEGIC BOND FUND (SBF) | 4.97% | $158.85M | 17.3M | $9.17 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 6 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 99.75% |
How it has done
CENAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 2.82%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 7 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.66% | +5.96% | +17.89% | +11.28% | -1.96% | |
| 1.43% | +5.12% | +15.08% | +6.97% | -2.17% | |
| 0.91% | +5.68% | +16.89% | +9.90% | -2.07% | |
| 0.71% | +6.08% | +18.38% | +12.21% | -1.85% | |
| 0.68% | +6.13% | +18.59% | +12.51% | -1.85% | |
| 0.34% | +6.24% | +18.92% | +13.06% | -1.85% | |
| 0.41% | +6.17% | +18.71% | +12.75% | -1.85% |
These classes hold the same portfolio, so the 6.09pp spread over 5 years is the cost difference between them — roughly 1.22pp a year — not a difference in what they own.
Fees & fund details
American Funds College Enrollment Fund is a target-date fund.
- Asset class
- Target-date
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Fund of funds
- Expense ratio, by class
- 0.34% – 1.43%· CENAX 0.66%
- Portfolio turnover
- 10.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
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