American Funds Capital Income Builder Class 529-A (CIRAX) 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.
CIRAX has IPO date of 2002-02-19, listed on the NASDAQ, a market capitalization of $121.84B.
American Funds Capital Income Builder Class 529-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 equity securities. The fund pursues a diversified investment strategy across a broad range of income-producing assets, including equities and bonds, targeting companies represented in the S&P 500 Index. Its primary objective is to deliver investors with current income that exceeds the average yield on U.S. stocks, making it suitable for those seeking regular income generation alongside potential capital appreciation.
