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CAIBX’s worst drop since 1999 was 43%

American Funds Capital Income Builder A (CAIBX) fell 43% from Oct 2007 to Mar 2009. It took 4.8 years from that peak to close at a new high, in Sep 2012. Over the same years the S&P 500 fell as much as 55%.

That drop is milder than most. It ranks 56th of the 109 mutual funds PortfolioAutopsy tracks, counted from the deepest.

−43.2%
Worst drop
Oct 2007 → Mar 2009
4.8 yrs
Back to the old high
new high Sep 2012
−38.4%
Worst 12 months
Oct 2007 → Oct 2008
4.8 yrs
Longest underwater
from Oct 2007
−3.4%
Now vs its high
as of 2026-10-13
+7.1%
Yearly return since 1999
dividends reinvested

Drawdown from the last high, 1999 to now

CAIBXS&P 500 (SPY)
CAIBX drawdown from its last high since 19990%−20%−40%200020052010201520202025−43% by Mar 2009

How CAIBX held up in each crash

CrashYearsCAIBXS&P 500
Dot-com bust2000–02−14.2%−47.5%
Financial crisis2007–09−43.2%−55.2%
COVID crash2020−25.3%−33.7%
2022 rate shock2022−17.7%−24.5%

Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.

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Questions

What was CAIBX’s maximum drawdown?

CAIBX’s deepest fall since 1999 was 43.2%, from its high on October 31, 2007 to its low on March 9, 2009. The figure uses daily prices with dividends reinvested.

How long did CAIBX take to recover?

4.8 years. CAIBX first closed above its Oct 2007 high again on September 6, 2012.

Was CAIBX riskier than the S&P 500?

Over the same years, CAIBX’s worst drop was 43.2% against 55.2% for the S&P 500 (SPY), and its worst 12 months were −38.4% against −47.4%.

Compare with

FBCG −43%FBALX −44%FLXSX −42%FSSNX −42%VDIGX −45%VSMGX −41%FPURX −41%VTTVX −46%All tickers

Daily adjusted closes from Yahoo Finance, January 5, 1999 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.

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