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 globally diversified multi-asset approach to building income. Aims to prudently produce a growing stream of income and current income that exceeds the average yield paid by U.S. companies in general, an approach that may have the potential to generate equity-like returns with relatively less volatility than global markets. This flexible equity-income fund uses a mix of stocks and bonds in pursuit of its objectives.
Price at NAV $72.35 as of 11/01/2024 (updated daily)
Fund Assets (millions) $110,575.7
Portfolio Managers
12
Expense Ratio
(Gross/Net %)
0.37 / 0.37%
Prospectus
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities46.6%
Non-U.S. Equities31.7%
U.S. Bonds16.8%
Non-U.S. Bonds1.0%
Cash & Equivalents
3.8%
As of 9/30/2024 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Market Capitalization

84.6%
Large
13.4%
Medium
2.0%
Small
$248,864.00 Million
Weighted Average


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

Morningstar Ownership ZoneTM

Global 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

5.7 years
Effective Duration
4.2%
Average Yield
to Worst
4.8%
Average Coupon
% of net assets as of 9/30/2024 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

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

Description

Fund Objective
The fund has two primary investment objectives. It seeks (1) to provide a level of current income that exceeds the average yield on U.S. stocks generally and (2) to provide a growing stream of income over the years. The fund's secondary objective is to provide growth of capital.
Distinguishing Characteristics
This globally diversified fund aims to prudently generate a growing stream of income and current income that exceeds the average yield paid by U.S. companies in general. This flexible equity-income fund uses a mix of stocks and bonds in pursuit of its income objectives, which may have the potential to lead to equity-like returns with relatively less volatility than global markets.
Types of Investments
Normally, at least 50% of assets will be invested in common stocks of large, established companies with proven records of increasing dividends. May also invest in preferred stocks, convertibles, bonds and cash.
Holdings Outside the U.S.
May invest up to 50% of assets outside the U.S.
Portfolio Restrictions
Normally, at least 90% of the fund's portfolio will be invested in income-producing securities.

Fund Facts

Fund Inception 7/30/1987
Fund Assets (millions)
As of 9/30/2024
 $110,575.7
Companies/Issuers
Holdings are as of 9/30/2024 (updated monthly).
 839+
Shareholder Accounts
Shareholder accounts are as of 9/30/2024
 13,574
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2023) 106%
Fiscal Year-End Oct
Prospectus Date 01/01/2024
CUSIP 140193 756
Fund Number 1612

Returns

Internal Prompt

Month-End Returns as of 9/30/24

Returns at NAV
| With Sales Charge
Read important investment disclosures
FBCIX
70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 9/30/24

Internal Prompt

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
FBCIX
70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index
Other AF Funds
Standard Deviation as of 09/30/2024 (updated monthly) . Annualized return as of 09/30/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.28% 3.27%
Fund at MOP N/A N/A
As of 9/30/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.43 11.21 14.78
70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index
2.80 12.30 17.80
Fund as of 9/30/24. Index as of 9/30/24.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Aline Avzaradel 8 19 22
Alfonso Barroso 14 29 30
Grant L. Cambridge 11 27
Charles E. Ellwein 3 18 32
David A. Hoag 20 32 36
Winnie Kwan 17 24 29
James B. Lovelace 32 42
Fergus N. MacDonald 9 20 31
Caroline Randall 10 18 26
William L. Robbins 4 29 32
Steven T. Watson 17 34 36
Philip Winston 10 27 41
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(340)
3-yr. Morningstar RatingTM
(340 funds rated)
5-yr. Morningstar RatingTM
(327 funds rated)
10-yr. Morningstar RatingTM
(244 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category
Global Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 9/30/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
10.33
Sharpe Ratio
0.46
For the 10 Years ending 9/30/24 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index
Morningstar Mod Tgt Risk TR USD
R-squared
-- 89
Beta
-- 0.98
Capture Ratio (Downside/Upside)
--/-- 105/101
American Funds Benchmark for the 10 Years ending -- (updated monthly).
Morningstar Benchmark for the 10 Years ending 9/30/24 (updated monthly).
U.S. Treasuries/Agencies
31.6%
AAA/Aaa
38.8%
AA/Aa
2.9%
A
11.2%
BBB/Baa
10.5%
BB/Ba
3.5%
B
0.5%
CCC & Below
0.0%
Unrated
0.9%
% of net assets as of 9/30/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
10.6%
5-9.9 Years
5.3%
10-19.9 Years
0.6%
20-29.9 Years
1.3%
30+ Years
0.1%
% of net assets as of 9/30/2024 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Financials 13.3%
Information technology 10.7%
Health care 10.2%
Industrials 9.4%
Consumer staples 8.6%
Utilities 6.5%
Energy 5.5%
Consumer discretionary 4.7%
Real estate 4.4%
Communication services 2.6%
Materials 2.4%

% of net assets as of 9/30/2024 (updated monthly)

Bonds Breakdown

Top Equities

Broadcom
4.1%
Philip Morris International
2.6%
AbbVie
2.4%
Microsoft
1.9%
Rtx Corp
1.7%
VICI Properties
1.6%
TSMC
1.4%
JPMorgan Chase
1.3%
Abbott Laboratories
1.2%
Gilead Sciences
1.2%

% of net assets as of 9/30/2024 (updated monthly)

Geographic Breakdown

Regions | Top Countries
United States
63.4%
Europe
19.5%
Asia & Pacific Basin
8.5%
Other (Including Canada & Latin America)
4.8%
Cash & equivalents
3.8%
% of net assets as of 9/30/2024 (updated monthly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue
Regions Fund
70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index
United States 59.5% 64.2%
Canada 4.8% 2.7%
Europe 24.2% 14.9%
Japan 2.6% 5.0%
Asia-Pacific ex. Japan 3.1% 2.6%
Emerging Markets 5.9% 10.6%

% of net assets as of 9/30/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
70%/30% MSCI All Country World Index/Bloomberg U.S. Aggregate Index
United States 46.6% 64.2%
Canada 3.8% 2.7%
Europe 18.9% 14.9%
Japan 2.0% 5.0%
Asia-Pacific ex. Japan 2.4% 2.6%
Emerging Markets 4.6% 10.6%
Cash & Equivalents
3.8% 0.0%
Fixed Income 17.9% 0.0%

% of net assets as of 9/30/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2024

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 11/01/24

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 $0.4876 $0.00 $0.00 $0.00 $67.42
06/10/24 06/10/24 06/11/24 $0.4876 $0.00 $0.00 $0.00 $67.97
09/16/24 09/16/24 09/17/24 $0.49 $0.00 $0.00 $0.00 $73.12
2024 Year-to-Date: Dividends Subtotal: $1.4652 Cap Gains Subtotal: $0.00
Total Distributions: $1.4652

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.23%
Other Expenses 0.14%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

FBCIX 0.37%
Lipper Global Equity Income Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).