American Funds Capital Income Builder Class A (CAIBX) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry. The company is headquartered in Los Angeles, CA, United States.
CAIBX has IPO date of 1987-07-30, listed on the NASDAQ, a market capitalization of $121.84B.
American Funds Capital Income Builder Class A is an investment fund that allocates at least 90% of its assets to income-producing securities, with a minimum of 50% invested in common stocks and other equity securities. The fund pursues a diversified strategy by investing across a broad spectrum of income-generating instruments, including both stocks and bonds. Its primary objective is to deliver investors with current income levels that exceed the average yield of U.S. stocks, using the S&P 500 Index yield as a performance benchmark.
