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The new funds, branded under the Capital Group name, are distinct from but rhyme with some of the legacy American Funds mutual funds. The firm also launched active-passive models with industry ...
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.
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.