CABAX Fees and Costs — American Funds College 2042 Fund, Class 529-A
Data updated: 2026-09-28
The net expense ratio is 0.85%. This share class carries a maximum front-end sales load of 3.50% and a deferred sales charge of up to 1.00%. Portfolio turnover was 6%.
CABAX Fees and Expenses
Annual operating expenses and sales charges of CABAX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.85% |
| Fee waiver | — |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 3.50% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CABAX Costs Over Time
On $10,000 invested in CABAX, assuming 5% a year before costs, total costs come to $961 over 5 years, cutting the return by 1.63% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $450 | $350 | $350 |
| Fund expenses (net expense ratio 0.85%) | $86 | $269 | $467 |
| Lost growth on money paid in costs | $17 | $68 | $144 |
| Total costs | $554 | $688 | $961 |
| Value after costs | $9,946 | $10,889 | $11,802 |
| Impact on return, per year | 5.54% | 2.12% | 1.63% |
CABAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 6%
- Securities lending: none during the year
American Funds College 2042 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DAAGX | Class 529-F-3 | 0.45% | none |
| CAAZX | Class 529-F-2 | 0.51% | none |
| TAAWX | Class 529-T | 0.80% | 2.50% |
| CAAWX | Class 529-F-1 | 0.82% | none |
| CABAX | Class 529-A | 0.85% | 3.50% |
| CAAVX | Class 529-E | 1.01% | none |
| CABCX | Class 529-C | 1.55% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.