Expense Ratio History

PPEFX expense ratio history

American Funds Preservation Portfolio, Class F-2

Fund company
American Funds
Type
Mutual fund

0.37%

In basis points
37 basis points
Yearly cost per $10,000
$37
Prospectus dated
1 January 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.38% on 1 January 2026

Fee over time

PPEFX expense ratio: 0.85% until 1 Jan 2013, then 0.59%; 0.59% until 1 Jan 2014, then 0.58%; 0.58% until 1 Jan 2015, then 0.55%; 0.55% until 1 Jan 2016, then 0.45%; 0.45% until 1 Jan 2017, then 0.44%; 0.44% until 1 Jan 2018, then 0.45%; 0.45% until 1 Jan 2019, then 0.43%; 0.43% until 1 Jan 2020, then 0.40%; 0.40% until 1 Jan 2021, then 0.39%; 0.39% until 1 Jan 2022, then 0.38%; 0.38% until 1 Jan 2026, then 0.37%; read at 0.37% on 1 Jan 2026.0.00%0.50%1.00%1.50%Mar 2012Jul 2014Nov 2016Mar 2019Jul 2021Nov 20230.85% before0.37% from 1 Jan 2026
PPEFX expense ratio: 0.85% until 1 Jan 2013, then 0.59%; 0.59% until 1 Jan 2014, then 0.58%; 0.58% until 1 Jan 2015, then 0.55%; 0.55% until 1 Jan 2016, then 0.45%; 0.45% until 1 Jan 2017, then 0.44%; 0.44% until 1 Jan 2018, then 0.45%; 0.45% until 1 Jan 2019, then 0.43%; 0.43% until 1 Jan 2020, then 0.40%; 0.40% until 1 Jan 2021, then 0.39%; 0.39% until 1 Jan 2022, then 0.38%; 0.38% until 1 Jan 2026, then 0.37%; read at 0.37% on 1 Jan 2026.0.00%0.50%1.00%1.50%Mar 2012Nov 2016Jul 20210.85% before0.37% from 1 Jan 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 25 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
PPEFX (this page) Class F-2 0.37% — 1 Jan 2026
CPPAX Class 529-A 0.63% — 1 Jan 2026
— — 1.55% — 1 Jan 2017
CPPCX Class 529-C 1.40% — 1 Jan 2026
CPPEX Class 529-E 0.87% — 1 Jan 2026
CPPFX Class 529-F-1 0.71% — 1 Jan 2026
RPPVX Class R-1 1.36% — 1 Jan 2026
RPPBX Class R-2 1.32% — 1 Jan 2026
RPPCX Class R-3 0.92% — 1 Jan 2026
RPPEX Class R-4 0.62% — 1 Jan 2026
RPPFX Class R-5 0.34% — 1 Jan 2026
RPPGX Class R-6 0.28% — 1 Jan 2026
PPVAX Class A 0.66% — 1 Jan 2026
— — 1.46% — 1 Jan 2017
PPVCX Class C 1.36% — 1 Jan 2026
PPVFX Class F-1 0.66% — 1 Jan 2026
RPBEX Class R-2E 1.09% — 1 Jan 2026
RGMFX Class R-5E 0.43% — 1 Jan 2026
PPFFX Class F-3 0.28% — 1 Jan 2026
TPAPX Class 529-T 0.65% — 1 Jan 2026
TPPPX Class T 0.60% — 1 Jan 2026
CPPGX Class ABLE-A 0.56% 0.51% 1 Jan 2026
FPPPX Class 529-F-2 0.38% — 1 Jan 2026
FFPPX Class 529-F-3 0.33% — 1 Jan 2026
CPQGX Class ABLE-F-2 0.36% 0.31% 1 Jan 2026

Every figure we've recorded

DateFeeWhat happened
1 Jan 2026 0.37% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2026 0.37% Cut from 0.38% to 0.37%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-12-31
1 Jan 2025 0.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2024 0.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2023 0.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2022 0.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2022 0.38% Cut from 0.39% to 0.38%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-12-30
1 Jan 2021 0.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2021 0.39% Cut from 0.40% to 0.39%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-12-31
30 Oct 2020 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-10-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2020 0.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2020 0.40% Cut from 0.43% to 0.40%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-01-23
1 Jan 2019 0.43% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2019 0.43% Cut from 0.45% to 0.43%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-01-23
1 Jul 2018 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-07-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2018 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2018 0.45% Raised from 0.44% to 0.45%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-01-23
7 Apr 2017 0.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-07 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2017 0.44% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2017 0.44% Cut from 0.45% to 0.44%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-01-24
1 Jan 2016 0.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2016 0.45% Cut from 0.55% to 0.45%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-01-25
1 Nov 2015 0.55% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2015 0.55% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2015 0.55% Cut from 0.58% to 0.55%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-01-23
29 Aug 2014 0.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2014 0.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2014 0.58% Cut from 0.59% to 0.58%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-01-23
1 Jan 2013 0.59% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-01-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Jan 2013 0.59% Cut from 0.85% to 0.59%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2013-09-13
27 Mar 2012 0.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-03-27 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
26 Mar 2012 0.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-03-26 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.37% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$469 in fees over 10 years

After fees, $10,000 grows to $15,710.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$38
3 years$119
5 years$208
10 years$469

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 21 prospectuses for this share class since 2012. Each one is listed above with a link to the filing.

How we read fees

More American Funds funds

The cheapest of 93. All American Funds funds.