Investment Fund

Share Class
Purchase Restrictions: Class 529-F-2 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
A durable multi-asset approach to income. The focus on dividend-paying stocks and fixed income may lead to low volatility and attractive downside resilience. This flexible equity-income fund uses a mix of stocks and bonds, including high-yield debt.
Price at NAV $26.10 as of 11/22/2024 (updated daily)
Fund Assets (millions) $127,280.3
Portfolio Managers
11
Expense Ratio
(Gross/Net %)
0.36 / 0.36%
Quarterly Fund Fact Sheet (PDF)
Prospectus
Internal Prompt

Returns at NAV

Returns at MOP

Asset Mix

U.S. Equities49.9%
Non-U.S. Equities22.6%
U.S. Bonds20.8%
Non-U.S. Bonds2.7%
Cash & Equivalents
4.0%
As of 10/31/2024 (updated monthly)
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Volatility & Return

Read important investment disclosures
For Class 529-F-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
FAIFX
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
Other AF Funds
Standard Deviation as of 10/31/2024 (updated monthly) . Annualized return as of 10/31/2024 (updated monthly) .
VIEW LARGER CHART

Market Capitalization

76.0%
Large
22.4%
Medium
1.7%
Small
$217,683.00 Million
Weighted Average


As of 9/30/2024 (updated quarterly). FactSet data as of 9/30/2024 (updated quarterly).

Morningstar Ownership ZoneTM

Moderately Aggressive Allocation
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 9/30/24 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Fund Statistics

4.7 years
Effective Duration
6.3%
Average Yield
to Worst
5.3%
Average Coupon
% of net assets as of 10/31/2024 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as of 9/30/24 (updated quarterly)

Description

Objective
The fund's investment objectives are to provide you with current income while secondarily striving for capital growth.
Distinguishing Characteristics
This income fund focuses on dividend-paying stocks and fixed income, which may lead to low volatility and attractive downside resilience. The fund uses a mix of stocks and bonds, including high-yield debt, and may invest in equities outside of the U.S.
Types of Investments
Invests primarily in common or preferred stocks, convertible securities, bonds, U.S. and other government securities, cash and cash equivalents.
Holdings Outside the U.S.
The fund may invest up to 30% of assets in equities of companies outside the U.S. and up to 10% of assets in fixed-income securities outside the U.S. that are denominated in U.S. dollars.
Portfolio Restrictions
The fund may invest up to 20% of its assets in lower quality, higher yielding nonconvertible debt securities (rated Ba1 and BB+ or below, or unrated, but determined by the fund's investment adviser to be of equivalent quality).

Fund Facts

Fund Inception 12/01/1973
Fund Assets (millions)
As of 10/31/2024
 $127,280.3
Companies/Issuers
Holdings are as of 10/31/2024 (updated monthly).
 1119+
Shareholder Accounts
Shareholder accounts are as of 10/31/2024
 10,505
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2024) 92%
Fiscal Year-End Jul
Prospectus Date 10/01/2024
CUSIP 453320 749
Fund Number 1606

Returns

Internal Prompt

Month-End Returns as of 10/31/24

Returns at NAV
| at MOP
Read important investment disclosures
FAIFX
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/24

Growth of 10K

Read important investment disclosures

High & Low Prices

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Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.53% 3.64%
Fund at MOP N/A N/A
As of 10/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.48 10.13 14.85
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
4.30 15.60 21.60
Fund as of 9/30/24. Index as of 9/30/24.
Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Hilda L. Applbaum 26 29 40
Pramod Atluri 6 8 20
David A. Daigle 17 29
M. Taylor Hinshaw 3 22
Dimitrije M. Mitrinovic 5 16 22
John R. Queen 3 22 34
Caroline Randall 3 18 26
Anirudh Samsi 8 19 23
Andrew B. Suzman 24 30
Justin Toner 5 22 31
Shannon Ward 6 7 31
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(301)
3-yr. Morningstar RatingTM
(301 funds rated)
5-yr. Morningstar RatingTM
(274 funds rated)
10-yr. Morningstar RatingTM
(227 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category
Moderately Aggressive Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 10/31/2024 (updated monthly).
Internal Prompt

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated
(531)
(531)
Expense Within Category
Funds Rated
(307)
(307)
Preservation Within Category
Funds Rated
(4456)
(4456)
Tax Efficiency Within Category
Funds Rated
(531)
(531)
Total Return Within Category
Funds Rated
(531)
(531)
Category Mixed-Asset Target Allocation Moderate
KEY
HIGHEST LOWEST
As of 10/31/2024 (updated monthly)

Risk Measures

Fund
Standard Deviation
10.16
Sharpe Ratio
0.54
For the 10 Years ending 10/31/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
Morningstar Mod Tgt Risk TR USD
R-squared
-- 91
Beta
-- 0.97
Capture Ratio (Downside/Upside)
--/-- 98/104
American Funds Benchmark for the 10 Years ending -- (updated monthly).
Morningstar Benchmark for the 10 Years ending 10/31/24 (updated monthly).
U.S. Treasuries/Agencies
7.7%
AAA/Aaa
18.6%
AA/Aa
2.4%
A
10.2%
BBB/Baa
14.7%
BB/Ba
26.2%
B
13.1%
CCC & Below
4.8%
Unrated
2.3%
% of net assets as of 10/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
14.2%
5-9.9 Years
7.8%
10-19.9 Years
0.7%
20-29.9 Years
0.8%
30+ Years
0.1%
% of net assets as of 9/30/2024 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Financials 15.9%
Consumer staples 8.4%
Industrials 7.2%
Health care 7.1%
Information technology 6.6%
Energy 6.5%
Utilities 5.3%
Consumer discretionary 4.6%
Communication services 3.9%
Real estate 3.5%
Materials 3.5%

% of net assets as of 10/31/2024 (updated monthly)

Bonds Breakdown

Top Equities

Philip Morris International
2.9%
Gilead Sciences
2.2%
Broadcom
2.1%
JPMorgan Chase
2.0%
EOG Resources
1.6%
TSMC
1.5%
BAE Systems
1.4%
Home Depot
1.3%
Microsoft
1.3%
Comcast
1.3%

% of net assets as of 10/31/2024 (updated monthly)

Geographic Breakdown

Regions | Top Countries
United States
70.7%
Europe
14.2%
Asia & Pacific Basin
3.9%
Other (Including Canada & Latin America)
7.3%
Cash & equivalents
4.0%
% of net assets as of 10/31/2024 (updated monthly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue
Regions Fund
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 68.8% --
Canada 7.5% --
Europe 17.7% --
Japan 1.2% --
Asia-Pacific ex. Japan 0.5% --
Emerging Markets 4.3% --

% of net assets as of 10/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 49.9% --
Canada 5.4% --
Europe 12.9% --
Japan 0.9% --
Asia-Pacific ex. Japan 0.3% --
Emerging Markets 3.1% --
Cash & Equivalents
4.0% --
Fixed Income 23.5% --

% of net assets as of 10/31/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

2024

Historical Prices Year-End

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Historical Distributions as of 11/22/24

FIND HISTORICAL DISTRIBUTIONS
2024
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/11/24 03/11/24 03/12/24 $0.1827 $0.00 $0.00 $0.00 $23.88
06/10/24 06/10/24 06/11/24 $0.1831 $0.00 $0.00 $0.00 $24.02
09/16/24 09/16/24 09/17/24 $0.1838 $0.00 $0.00 $0.00 $25.67
2024 Year-to-Date: Dividends Subtotal: $0.5496 Cap Gains Subtotal: $0.00
Total Distributions: $0.5496

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.23%
Other Expenses 0.13%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

FAIFX 0.36%
Lipper Growth & Income Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).