Investment Fund

Share Class
Purchase Restrictions: Class R-3 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
Focuses on income. With exposure to a diverse mix of stocks from dividend-paying companies and fixed-income securities, seeks to help investors pursue current income and long-term growth potential.
Price at NAV $13.60 as of 2/28/2025 (updated daily)
Fund Assets (millions) $8,016.9
Portfolio Solutions Committee Members
7
Expense Ratio
(Gross/Net %)
0.92 / 0.92%
Prospectus

Asset Mix

U.S. Equities37.2%
Non-U.S. Equities12.4%
U.S. Bonds37.2%
Non-U.S. Bonds8.7%
Cash & Equivalents
4.5%
As of 1/31/2025 (updated monthly)

Fund Statistics

4.9 years
Effective Duration
6.2%
Average Yield
to Worst
5.3%
Average Coupon
% of net assets as of 1/31/2025 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Internal Prompt

Returns at NAV

Returns with Sales Charge

Description

Fund Objective
The fund's investment objective is to provide current income and, secondarily, long-term growth of capital.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying American Funds may represent a variety of fund categories such as bond funds, balanced funds, equity-income funds, and growth-and-income funds.

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 1/31/2025
 $8,016.9
Companies/Issuers
Holdings are as of 1/31/2025 (updated monthly).
 2406+
Shareholder Accounts
Shareholder accounts are as of 1/31/2025
 2,109
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $0
Capital Gains Paid
Dec
Portfolio Turnover (2024) 16%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 02630Y 31 5
Fund Number 2347

Returns

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Month-End Returns as of 1/31/25

Returns at NAV
| With Sales Charge
Read important investment disclosures
RNCCX
S&P 500 Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 12/31/24

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class R-3 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RNCCX
S&P 500 Index
Other AF Funds

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

© 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.

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

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 01/31/2025 (updated monthly) . Annualized return as of 01/31/2025 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.50% 3.22%
Fund at MOP N/A N/A
As of 1/31/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.81 11.49 16.29
S&P 500 Index
4.30 15.70 21.80
Fund as of 12/31/24. Index as of 12/31/24.

Portfolio Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Michelle J. Black 5 23 30
Brittain Ezzes 1 3 27
Samir Mathur 5 12 32
Damien J. McCann 13 25
Wesley K. Phoa 12 26 32
John R. Queen 5 23 35
Andrew B. Suzman 12 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(429)
3-yr. Morningstar RatingTM
(429 funds rated)
5-yr. Morningstar RatingTM
(394 funds rated)
10-yr. Morningstar RatingTM
(293 funds rated)
Overall Morningstar Risk Above Average
HIGH
LOW
Category
Moderately Conservative Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 1/31/2025 (updated monthly).

Risk Measures

Fund
Standard Deviation
8.36
Sharpe Ratio
0.47
For the 10 Years ending 1/31/25 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
S&P 500 Index
Morningstar Mod Tgt Risk TR USD
R-squared
86 95
Beta
0.50 0.81
Capture Ratio (Downside/Upside)
55/49 82/84
American Funds Benchmark for the 10 Years ending 12/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 1/31/25 (updated monthly).
U.S. Treasuries/Agencies
5.0%
AAA/Aaa
8.8%
AA/Aa
1.9%
A
5.3%
BBB/Baa
7.4%
BB/Ba
9.5%
B
5.1%
CCC & Below
1.6%
Unrated
1.2%
Cash & equivalents
4.6%
% of net assets as of 1/31/2025 (updated monthly)

Average Life Breakdown

0-4.9 Years
23.5%
5-9.9 Years
17.8%
10-19.9 Years
2.5%
20-29.9 Years
2.3%
30+ Years
0.3%
% of net assets as of 12/31/2024 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Financials 9.2%
Information technology 8.4%
Health care 6.6%
Industrials 6.2%
Consumer staples 4.3%
Consumer discretionary 3.3%
Energy 2.9%
Utilities 2.7%
Communication services 2.4%
Materials 2.0%
Real estate 1.6%

% of net assets as of 1/31/2025 (updated monthly)

Bonds Breakdown

Geographic Breakdown

Regions | Top Countries
United States
74.4%
Europe
9.8%
Asia & Pacific Basin
4.4%
Other (Including Canada & Latin America)
6.9%
Cash & equivalents
4.5%
% of net assets as of 1/31/2025 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

2025

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/27/25

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
03/25/24 03/25/24 03/26/24 $0.0993 $0.00 $0.00 $0.00 $12.87
06/25/24 06/25/24 06/26/24 $0.1072 $0.00 $0.00 $0.00 $12.97
09/25/24 09/25/24 09/26/24 $0.1113 $0.00 $0.00 $0.00 $13.63
12/27/24 12/27/24 12/30/24 $0.1571 $0.00 $0.1664 $0.00 $13.15
2024 Year-to-Date: Dividends Subtotal: $0.4749 Cap Gains Subtotal: $0.1664
Total Distributions: $0.6413

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.13%
Acquired (Underlying) Fund Fees and Expenses 0.29%
Service 12b-1 0.50%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RNCCX 0.92%
Lipper Income (Mixed Equity) Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).