CTFEX Performance — American Funds College 2024 Fund, Class 529-E
Data updated: 2024-03-28
CTFEX returned +2.97% over one year to Jan 2024. The annualised 3-year return is −0.37%. The fund trailed its Target-Date category average: $100 invested three years ago grew to $99, against $110 for the category, and to $103 over one year, against $110. Volatility over the past three years was 5.26% a year. In the 12 months to Jan 2024 the fund lost a net $135.5M, and assets reached $2.82B.
CTFEX Growth of $100
What $100 invested in American Funds College 2024 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | CTFEX | Category average |
|---|---|---|
| 1 year (Feb 2023 – Jan 2024) | $103 | $110 |
| 3 years (Feb 2021 – Jan 2024) | $99 | $110 |
| Since data start (Aug 2019 – Jan 2024) | $108 | $132 |
CTFEX Trailing Returns
Total returns to Jan 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +2.97% |
| 3 years (annualised) | −0.37% |
CTFEX Annual Returns
Calendar-year total returns of American Funds College 2024 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Jan) | +0.46% |
| 2023 | +4.59% |
| 2022 | −8.58% |
| 2021 | +2.53% |
| 2020 | +6.61% |
| 2019 (Aug–Dec) | +2.96% |
CTFEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +0.5% | — | — | — | — | — | — | — | — | — | — | — |
| 2023 | +2.0% | −1.9% | +2.1% | +0.5% | −1.2% | −0.4% | +0.6% | −0.3% | −1.3% | −0.6% | +2.9% | +2.1% |
| 2022 | −1.3% | −0.7% | −1.6% | −2.5% | +0.5% | −1.8% | +2.1% | −2.0% | −4.0% | +0.5% | +2.8% | −0.6% |
| 2021 | −0.4% | −0.2% | +0.6% | +1.0% | +0.5% | +0.1% | +0.7% | +0.2% | −0.8% | +0.5% | −0.2% | +0.7% |
| 2020 | +0.7% | −0.8% | −2.1% | +2.9% | +1.2% | +0.5% | +1.7% | +0.6% | −0.5% | −0.7% | +2.5% | +0.7% |
| 2019 | — | — | — | — | — | — | — | +0.9% | +0.2% | +0.5% | +0.5% | +0.8% |
CTFEX Risk
Risk measures from monthly returns over Feb 2021 – Jan 2024.
- 3-year volatility (annualised): 5.26%
- 3-year Sharpe ratio: -0.93 (vs 4.5% risk-free rate)
- Best month: +2.89% (Nov 2023)
- Worst month: −4.02% (Sep 2022)
CTFEX Fund Flows
Monthly money in and out of American Funds College 2024 Fund, from SEC Form N-PORT.
- 12-month net flow: −$135.5M
- 12-month gross sales (incl. reinvestments): $558.4M
- Sales ÷ redemptions: 0.80×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jan 2024 | $45.0M | $97.7M | −$52.8M |
| Dec 2023 | $136.4M | $92.1M | $44.3M |
| Nov 2023 | $29.4M | $45.7M | −$16.3M |
| Oct 2023 | $32.4M | $34.7M | −$2.3M |
| Sep 2023 | $35.6M | $48.8M | −$13.2M |
| Aug 2023 | $46.3M | $118.5M | −$72.2M |
| Jul 2023 | $43.1M | $106.3M | −$63.2M |
| Jun 2023 | $38.6M | $39.5M | −$870K |
| May 2023 | $43.4M | $32.1M | $11.3M |
| Apr 2023 | $36.2M | $24.5M | $11.7M |
| Mar 2023 | $39.0M | $29.0M | $10.0M |
| Feb 2023 | $32.9M | $24.9M | $8.0M |
CTFEX Assets Under Management
Net assets of American Funds College 2024 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-01-31 | $2.82B |
| 2023-10-31 | $2.78B |
| 2023-07-31 | $2.94B |
| 2023-04-30 | $3.01B |
| 2023-01-31 | $2.96B |
| 2022-10-31 | $2.88B |
| 2022-07-31 | $3.07B |
| 2022-04-30 | $3.06B |
| 2022-01-31 | $3.16B |
| 2021-10-31 | $3.14B |
| 2021-07-31 | $3.07B |
| 2021-04-30 | $2.95B |
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.