Capital Group, the parent of American Funds, then named equity manager William Robbins to the manager roster on Jan. 1, 2024. Robbins had served as an undisclosed manager running a smaller portion ...

The American Funds Capital Income Builder A made its debut in July of 1987 and CAIBX has managed to accumulate roughly $63.19 billion in assets, as of the most recently available information.

The Fund's secondary objective is to provide growth of capital. The Fund normally invests at least 90% of its assets in income-producing securities.

Worries about hedge funds may be amplified in Europe, where the collapse of Archegos, an American fund which borrowed ...