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ERROR: type should be string, got "https://mutualfunds.com/funds/caibx-american-funds-capital-income-bldr-a/\nCAIBX American Funds Capital Income Bldr A\nCAIBX - Profile\nNet Assets $104 B\nLegal Name American Funds Capital Income Builder®\nFund Family Name American Funds\nInception Date Jul 30, 1987\nManager James B. Lovelace\nFund Description\nThe American Funds Capital Income Builder Fund Class A (CAIBX) is an actively managed “go anywhere” fund designed to provide above-average current income. CAIBX also looks to grow that income stream in the future. The fund bets its portfolio on a wide range of asset classes, including stocks, bonds, and hybrid securities from around the world. Dividend-paying equities make up around 60 to 80% of the fund’s portfolio. Further, roughly 50% of the fund is in international investments. Expenses for the fund are low before adding in CAIBX’s sales loads.\nGiven the fund’s wide mandate, CAIBX could make a great core position for a moderately conservative investor. The fund is managed by Capital Research and Management Company.\nCAIBX - Performance\nCAIBX Return\n1 Yr 1.6% -28.5% 6.7% 17.35%\n2017 9.0% -5.0% 26.2% 57.10%\nCAIBX - Holdings\nCAIBX % Rank\n104 B 8.8 M 104 B 0.63%\n1336 2 3633 11.60%\n17.8 B -81.9 M 17.8 B 1.88%\nAbbVie Inc 2.56%\nNovartis AG 1.92%\nBroadcom Inc 1.87%\nVerizon Communications Inc 1.74%\nCoca-Cola Co 1.66%\nAltria Group Inc 1.66%\nRoyal Dutch Shell PLC B 1.49%\nPhilip Morris International Inc 1.48%\nAmgen Inc 1.35%\n24.80% -234.98% 117.56% 68.03%\n6.20% -0.84% 19.70% 7.28%\n34.45% -19.48% 159.65% 35.11%\nCAIBX - Expenses\nCAIBX Fees (% of AUM)\nCAIBX - Distributions\nAug 14, 1996 $0.435\nApr 04, 1994 $0.388\nCAIBX - Managers\nJames B. Lovelace\nJames B. Lovelace is an equity portfolio manager at Capital Group. He also serves on the Portfolio Oversight Committee. He has 37 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, Jim covered beverages & tobacco, restaurants & lodging, household products and personal care companies. Jim began his career at Capital as a participant in The Associates Program, a two-year series of work assignments in various areas of the organization. He holds a bachelor’s degree with honors in philosophy from Swarthmore College. He also holds the Chartered Financial Analyst® designation and is a member of the Los Angeles Society of Financial Analysts. Jim is based in Los Angeles.\nJoyce E. Gordon\nJoyce E. Gordon is an equity portfolio manager at Capital Group. She has 38 years of investment experience and has been with Capital Group for 43 years. Earlier in her career, as an equity investment analyst at Capital, she covered thrifts, banking, and paper & forest products companies. She holds an MBA and a bachelor’s degree in business finance from the University of Southern California. Joyce is based in Los Angeles.\nDavid M. Riley\nDavid M. Riley is an equity portfolio manager at Capital Group. He has 24 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, David covered European and Latin American telecommunication companies and European media companies. David holds an MBA from Harvard Business School and a bachelor’s degree in electronics from the University of Southampton in England. He is also a Licentiate of London and Guildhall Schools of Music. David is based in London.\nDavid A. Hoag\nHoag is vice president and director of Capital Research and Management Company. He joined the company in 1991.\nSteven T. Watson\nSteven T. Watson is an equity portfolio manager at Capital Group. He has 31 years of investment experience and has been with Capital Group for 29 years. Earlier in his career, as an equity investment analyst at Capital, he covered Asian property and transportation, as well as European transportation and utilities companies. Before joining Capital, Steven was a buy-side research analyst for Sanford C. Bernstein & Co. in New York. He holds an MBA in finance from New York University Graduate School of Business Administration. Steven is based in Hong Kong.\nWinnie Kwan\nWinnie Kwan is an equity portfolio manager at Capital Group. Earlier in her career, as an equity investment analyst at Capital, she covered global exchanges, Asian utilities and small-cap companies. Prior to joining Capital, Winnie worked with Morgan Stanley in London, Hong Kong and Singapore. She holds both master’s and bachelor’s degrees in economics from Trinity College at the University of Cambridge. She also holds the Chartered Financial Analyst® designation. Winnie is based in Hong Kong. Background and approach: Bottom-up research is at the heart of Winnie’s approach. Her investment decisions always factor in assessment of a company’s valuation in relation to its global peers, history and prevailing interest rates. She also pays close attention to balance sheets, as well as free cash flow generation. Her emphasis is on seeking longer term total return (stock appreciation and dividend growth) potential, with investments that are not concentrated. “Typically, I invest in companies for several years. Assuming our research thesis is borne out, this is a holding period over which earnings, dividends and various multiples have ample time to potentially improve,” she says. In addition, Winnie likes to invest in cyclical stocks that are out of favor — at a trough in their valuation cycle and toward the bottom of their industry’s capital expenditure cycle. She emphasizes high-quality companies. Winnie will also selectively invest in attractively valued companies where her view of a management change or earnings turnaround is positive, if there are signs of improvement that appear favorable for potential returns.\nBradley J. Vogt\nBradley J. Vogt is an equity portfolio manager at Capital Group. He is chairman of Capital Research Company and serves on the Capital Group Management Committee and the Portfolio Oversight Committee. Brad has 31 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered environmental services, U.S. telecommunications and cable & satellite TV companies. He holds a bachelor’s degree in international politics and economics from Wesleyan University. Brad is based in Washington, D.C.\nL. Alfonso Barroso\nL. Alfonso Barroso joined Capital Research Global Investors, one of Capital Research and Management Company's equity investment divisions, since 1994, all with Capital Research and Management Company or affiliate.\nGrant L. Cambridge\nGrant L. Cambridge is a portfolio manager at Capital Group. He has 26 years of investment experience and has been with Capital Group for 22 years. Earlier in his career, as an equity investment analyst at Capital, he covered insurance, airlines, air freight, home builders, asset managers and software companies, as well as small- and mid-cap companies. Prior to joining Capital, he worked for BTM Capital, a subsidiary of the Bank of Tokyo-Mitsubishi in Boston. He holds an MBA from Harvard Business School, a master’s degree from Suffolk University and a bachelor’s degree from Bentley University. Grant is based in Los Angeles.\nPhilip Winston\nPhilip Winston is an equity portfolio manager at Capital Group. He has 28 years of investment experience and has been with Capital Group for 16 years. Earlier in his career, in addition to being a portfolio manager, Philip was an equity investment analyst at Capital covering U.K. property and paper & packaging companies, as well as European property and media companies. Before joining Capital, he was a director and U.K. equity fund manager at BZW Investment Management in London. Prior to that, he worked at Orion Royal Bank in London and New York.\nCAIBX - Read Next\n» Latest CAIBX News\nhttps://mutualfunds.com/funds/caibx-american-funds-capital-income-bldr-a/#read-next"