Purchase Restrictions: For 457(b) and certain 403(b) plans, Class C share funds are not available. See the prospectus for details.

Summary

Internal Prompt
A flexible approach to growth-and-income investing. With an emphasis on growth over income, the strategy seeks undervalued and overlooked opportunities, investing in companies with high-quality products and leading market shares with the underappreciated potential for growth in sales, earnings and dividends.
Price at NAV $82.81 as of 1/17/2025 (updated daily)
Fund Assets (millions) $140,801.9
Portfolio Managers
1
8
Expense Ratio
(Gross/Net %)
2
1.35 / 1.35%
Internal Prompt

Returns at NAV

Returns with CDSC

Read important investment disclosures
21.13%
1-year return
11.85%
5-year return
11.32%
10-year return
0.12%
30-Day SEC Yield
Returns as of 12/31/24 (updated monthly). Yield as of 12/31/24 (updated monthly).

Asset Mix

U.S. Equities83.1%
Non-U.S. Equities15.2%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
3,4
1.7%
As of 12/31/2024 (updated monthly)

Growth of 10K
5

High & Low Prices

Market Capitalization

79.7%
Large
18.5%
Medium
1.8%
Small
$681,685.00 Million
Weighted Average
6


As of 9/30/2024 (updated quarterly). FactSet data as of 12/31/2024 (updated quarterly).

Morningstar Ownership ZoneTM
7

Large Blend
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 12/31/24 (updated quarterly)

Description

Fund Objective
The fund's investment objective is to achieve long-term growth of capital and income.
Distinguishing Characteristics
With an emphasis on growth over income, the strategy seeks undervalued and overlooked opportunities. It invests in companies with high-quality products and leading market shares with the underappreciated potential for growth in sales, earnings and dividends. It has the flexibility to invest a sizeable portion of its assets outside of the U.S.
Types of Investments
The fund primarily invests in common stocks or securities convertible into common stocks, bonds, U.S. government securities and cash.
Holdings Outside the U.S.
May invest up to 35% of its assets in securities of issuers that are domiciled outside the United States.
Portfolio Restrictions
The fund may invest up to 5% of assets in debt securities rated Ba and BB or below (or unrated, but determined by the fund’s investment adviser to be of equivalent quality).

Fund Facts

Fund Inception 8/01/1978
Fund Assets (millions)
As of 12/31/2024
$140,801.9
Companies/Issuers
Holdings are as of 12/31/2024 (updated monthly).
224+
Shareholder Accounts
Shareholder accounts are as of 12/31/2024
74,275
Regular Dividends Paid
8
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
8
Jun, Dec
Portfolio Turnover (2023) 28%
Fiscal Year-End Dec
Prospectus Date 03/01/2024
CUSIP 360802 30 0
Fund Number 310

Returns

Internal Prompt

Month-End Returns as of 12/31/24

Quarter-End Returns as of 12/31/24

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class C Shares, this chart tracks the 10-year standard deviation
10
and 10-year annualized return of the equity funds
AFICX
S&P 500 Index
Other AF Funds
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

Prices and returns will vary, so investors may lose money. View .

Returns at net asset value (NAV) do not reflect the contingent deferred sales charge (CDSC) (1%) on shares sold within the first year of purchase. If the CDSC had been deducted, the results would have been lower.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund , which can be obtained from a financial professional and should be read carefully before investing.

Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility. These risks may be heightened in connection with investments in developing countries.

Smaller company stocks entail additional risks, and they can fluctuate in price more than larger company stocks.

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Investment results assume all distributions are reinvested and reflect applicable fees and expenses.

Class C shares convert to Class A shares after 8 years. Prior to 6/30/2020, Class C shares converted to Class F-1 shares after 10 years.

  1. Calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.

Capital Client Group, Inc.

Use of this website is intended for U.S. residents only.

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.

© 2025 Morningstar, Inc. All Rights Reserved. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor Capital Group are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.

Terms and Definitions

Standard Deviation: Annualized standard deviation (based on monthly returns) is a common measure of absolute volatility that tells how returns over time have varied from the mean. A lower number signifies lower volatility.

Standard Deviation as of 12/31/2024 (updated monthly) . Annualized return as of 12/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
11
30-day SEC Yield
Fund at NAV 0.34% 0.12%
Fund at MOP N/A N/A
As of 12/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.89 11.66 19.80
S&P 500 Index
4.30 15.60 21.60
Fund as of 12/31/24. Index as of 9/30/24.

Portfolio Management
1

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Julian N. Abdey 7 22 29
Paul Benjamin 8 19
Mark L. Casey 14 24
Mathews Cherian 9 21 28
Brady L. Enright 19 28 36
Irfan M. Furniturewala 6 24
Dimitrije M. Mitrinovic 5 17 23
Diana Wagner 7 24 30
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
12


Overall Morningstar RatingTM
Funds rated(1280)
3-yr. Morningstar RatingTM
(1280 funds rated)
5-yr. Morningstar RatingTM
(1180 funds rated)
10-yr. Morningstar RatingTM
(889 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Large Blend
Ratings are based on risk-adjusted returns as of 12/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
10
15.09
Sharpe Ratio
10
0.66
For the 10 Years ending 12/31/24 (updated monthly).
American Funds/
Morningstar Benchmark
10
S&P 500 TR USD
R-squared 97
Beta 0.96
Capture Ratio (Downside/Upside) 101/94
American Funds and Morningstar Benchmark for the 10 Years ending 12/31/24 (updated monthly).
Active Share
10
57.1%
As of 9/30/24 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 27.3%
Industrials 13.3%
Financials 13.2%
Health care 10.4%
Consumer discretionary 9.8%
Communication services 7.8%
Consumer staples 6.8%
Energy 3.1%
Materials 2.6%
Utilities 2.5%
Real estate 1.5%

% of net assets as of 12/31/2024 (updated monthly)

Top Equities

Broadcom
8.2%
Microsoft
5.6%
Amazon.com
3.5%
Philip Morris International
3.2%
Alphabet
3.1%
Meta Platforms
2.7%
TransDigm Group
2.5%
TSMC
2.4%
NVIDIA
2.1%
Apple
1.7%

% of net assets as of 12/31/2024 (updated monthly)

Geographic Breakdown

United States
83.1%
Europe
6.8%
Asia & Pacific Basin
3.9%
Other (Including Canada & Latin America)
4.4%
Cash & equivalents
4
1.7%
% of net assets as of 12/31/2024 (updated monthly)

The New Geography of Investing ®
13

Regions Fund
S&P 500 Index
United States 84.6% 100.0%
Canada 4.0% 0.0%
Europe 7.0% 0.0%
Emerging Markets 4.5% 0.0%

% of net assets as of 12/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
S&P 500 Index
United States 83.2% 100.0%
Canada 3.9% 0.0%
Europe 6.9% 0.0%
Emerging Markets 4.4% 0.0%
Cash & Equivalents
4
1.6% 0.0%

% of net assets as of 12/31/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/17/25

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/13/24 03/13/24 03/14/24 $0.0253 $0.00 $0.00 $0.00 $77.46
06/12/24 06/12/24 06/13/24 $0.0189 $0.00 $0.498 $0.00 $80.25
09/18/24 09/18/24 09/19/24 $0.0153 $0.00 $0.00 $0.00 $82.67
12/18/24 12/18/24 12/19/24 $0.0001 $0.238 $5.7645 $0.00 $80.49
2024 Year-to-Date: Dividends Subtotal: $0.2976 Cap Gains Subtotal: $6.2625
Total Distributions: $6.5601

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.24%
Other Expenses 0.12%
Service 12b-1 0.99%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio
2

AFICX 1.35%
Lipper Growth & Income Funds Average
14
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).