Capital World Income Fund Of America
About american funds capital world growth and income fund capital world growth and income fund is an open end fund incorporated in the usa.
Capital world income fund of america. The fund has two primary investment objectives. Historical short term capital gains. Morningstar based on the 10 year annualized standard deviation on a trailing basis and the 10 year down capture ratios versus the msci all country world index on a rolling monthly basis compared to the u s. American funds short.
The fund s investment objective is to provide long term growth of capital while providing current income. In addition the share prices of capital world bond fund american funds strategic bond fund and american funds inflation linked bond fund also decrease when a special dividend is paid. It seeks 1 to provide a level of current income that exceeds the average yield on u s. When a capital gain distribution is paid the net asset value per share is reduced by the amount of the payment plus or minus any.
Government securities fund tax exempt bond. American funds mortgage fund american funds multi sector income fund sm. Distinguishing characteristics this income strategy focuses on dividend paying stocks and fixed income which has historically led to lower volatility and better downside resilience versus the s p 500. American high income trust the bond fund of america capital world bond fund intermediate bond fund of america short term bond fund of america u s.
American funds capital world growth and income s sensible approach and skilled personnel despite turnover earn its cheapest share classes a morningstar analyst rating of gold while pricier. Cwgix a complete american funds capital world growth income fund a mutual fund overview by marketwatch. American funds strategic bond fund sm. The fund s secondary objective is to provide growth of capital.
The fund seeks long term capital growth while providing. View mutual fund news mutual fund market and mutual fund interest rates. In addition the share price of capital world bond fund american funds strategic bond fund and american funds inflation linked bond fund also decrease when a dividend is paid. R squared is a measure of the correlation between a particular return and that of a benchmark index.
Fund world large stock category for the period from the fund s inception date of march 26 1993 to december 31 2019 for all share classes at nav.