CSPAX Mutual Fund — American Funds SMALLCAP World Fund® Class 529-A

American Funds SMALLCAP World Fund® Class 529-A (CSPAX)

Updated October 15, 2026.

CSPAX is a Mutual Fund. its distribution rate is 0.03%, its trailing-12-month yield is 4.48%, its expense ratio is 1.04%. Dividend Vision Distribution Safety Score™ is 66/100 (Generally safe). Total return is 778.7% over the past 24.7 years, 230.6 points behind SPY at 1009.3%.

American Funds SMALLCAP World Fund Class 529-A is a mutual fund that invests at least 80% of its assets in equity securities of small-cap companies globally, including significant exposure to emerging markets and growth-oriented stocks. The fund carries a modest expense ratio of 1.04% and makes annual distributions; note that the latest distribution was special and may not recur regularly. This fund appeals to equity-focused investors seeking exposure to small-cap growth opportunities with geographic diversification beyond the United States.

CSPAX performance versus SPY

Price and return data through 2026-10-15.

Total return is 778.7% over the past 24.7 years, 230.6 points behind SPY at 1009.3%. Over the past year its total return — price change plus distributions reinvested — is 11.2%. Its deepest 1-year drawdown was 11.8%.

CSPAX key facts

Distribution Safety Score™

66 · Generally safe

Safety-Adjusted Yield

0.02%

Issuer

Capital Group

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

1.04%

Distribution rate

0.03%

Distribution frequency

Annual

Trailing yield

4.48%

Last close

$78.38 (as of 2026-10-15)

NAV

$76.17 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-15, NAV 2026-09-30) (NAV stale)

AUM

$43,877,023,744

Average volume

0.0

Dividend

$3.513

Ex-dividend date

12/19/2025

Payment date

12/22/2025

Beta

1.19

How Dividend Vision calculates yield and returns

Distribution rate (0.03%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.48%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Capital Group or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CSPAX risks and drawbacks

CSPAX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.8%.

Who may consider CSPAX — and who may not

It is a weaker fit for investors who need monthly cash flow (CSPAX pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CSPAX

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Tagged: Mutual Fund.

Frequently asked questions

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