American Funds Capital Income Bldr R2 (RIRBX)

American Funds Capital Income Builder Class R-2 is an open-end mutual fund that aims to deliver a higher level of current income compared to the average yield of U.S. stocks, with an additional goal of providing a growing stream of income over time. Managed by Capital Research and Management Company, one of the industry's established investment managers, the fund invests primarily in a diversified mix of income-producing securities—including both global equities and fixed income instruments—with a mandate to allocate at least 90% of assets to such holdings. This approach tends to yield a conservative investment profile with a history of resilience during market downturns. The fund notably targets sectors such as energy, consumer cyclical, and real estate among others, and features broad geographic and sector diversification with over 2,100 holdings. Characterized by consistent dividend payouts, typically on a quarterly basis, the fund is designed for investors seeking both current income and long-term capital appreciation through gradual, steady performance rather than aggressive growth. It is a significant player within the world allocation category and is widely used in retirement plans and income-focused portfolios.