Investment Fund

Share Class
Purchase Restrictions: Class F-2 shares are available through certain registered investment advisor and fee-based programs, but are not available for purchase in most employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
A prudent approach to international investing. International strategy that pursues prudent growth of capital and conservation of principal by investing in companies predominately based in developed markets. The strategy seeks to provide a smoother return profile over a full market cycle — less volatility and lower downside capture than the market.
Price at NAV $18.37 as of 5/07/2025 (updated daily)
Fund Assets (millions) $2,111.5
Portfolio Managers
4
Expense Ratio
(Gross/Net %)
0.64 / 0.64%
Quarterly Fund Fact Sheet (PDF)
Prospectus
Internal Prompt

Returns at NAV

Returns at MOP

Asset Mix

U.S. Equities1.6%
Non-U.S. Equities94.3%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
4.1%
As of 3/31/2025 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class F-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
AIVFX
MSCI EAFE (Europe, Australasia, Far East) Index
Other AF Funds
Standard Deviation as of 04/30/2025 (updated monthly) . Annualized return as of 04/30/2025 (updated monthly) .
VIEW LARGER CHART

Market Capitalization

95.3%
Large
4.6%
Medium
0.2%
Small
$116,876.00 Million
Weighted Average


As of 3/31/2025 (updated quarterly). FactSet data as of 3/31/2025 (updated quarterly).

Morningstar Ownership ZoneTM

Foreign Large Growth
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 3/31/25 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Description

Objective
The fund's investment objective is to provide prudent growth of capital and conservation of principal.
Distinguishing Characteristics
This international strategy pursues prudent growth of capital and conservation of principal by investing in companies that are predominately based in developed markets. The strategy seeks to provide a smoother return profile over the full market cycle – with less volatility and lower downside capture – by focusing on companies with characteristics associated with long-term growth and resilience to market declines,including strong balance sheets and dividend payments.
Types of Investments
The fund invests primarily in common stocks, or securities convertible into common stocks.
Portfolio Restrictions
The fund may not invest more than 10% of its net assets in the securities of issuers based in emerging markets.

Fund Facts

Fund Inception 4/01/2011
Fund Assets (millions)
As of 3/31/2025
 $2,111.5
Companies/Issuers
Holdings are as of 3/31/2025 (updated monthly).
 126+
Shareholder Accounts
Shareholder accounts are as of 3/31/2025
 31,285
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2024) 20%
Fiscal Year-End Oct
Prospectus Date 01/01/2025
CUSIP 14019V 50 7
Fund Number 36123

Returns

Internal Prompt

Month-End Returns as of 4/30/25

Returns at NAV
| at MOP
Read important investment disclosures
AIVFX
MSCI EAFE (Europe, Australasia, Far East) Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/25

Growth of 10K

Read important investment disclosures
For Class F-2 Shares, this chart tracks a hypothetical investment with dividends reinvested, over the last 20 years, or since inception date if the fund has been in existence under 20 years, through 12/31/2024.
AIVFX
MSCI EAFE (Europe, Australasia, Far East) Index
VIEW LARGER CHART

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.46% 1.75%
Fund at MOP N/A N/A
As of 3/31/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.67 12.17 17.49
MSCI EAFE (Europe, Australasia, Far East) Index
1.70 8.80 14.10
Fund as of 3/31/25. Index as of 3/31/25.
Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Eu-Gene Cheah 5 27
Gerald Du Manoir 14 34
Samir Parekh 1 18 24
Philip Winston 11 28 42
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(368)
3-yr. Morningstar RatingTM
(368 funds rated)
5-yr. Morningstar RatingTM
(333 funds rated)
10-yr. Morningstar RatingTM
(220 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category
Foreign Large Growth
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 4/30/2025 (updated monthly).
Internal Prompt

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated
(378)
(378)
(341)
Expense Within Category
Funds Rated
(229)
(229)
(208)
Preservation Within Category
Funds Rated
(12247)
(12247)
(11211)
Tax Efficiency Within Category
Funds Rated
(378)
(378)
(341)
Total Return Within Category
Funds Rated
(378)
(378)
(341)
Category International Large-Cap Growth
KEY
HIGHEST LOWEST
As of 3/31/2025 (updated monthly)

Risk Measures

Fund
Standard Deviation
14.16
Sharpe Ratio
0.36
For the 10 Years ending 4/30/25 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
MSCI EAFE (Europe, Australasia, Far East) Index
MSCI ACWI Ex USA NR USD
R-squared
90 89
Beta
0.88 0.89
Capture Ratio (Downside/Upside)
86/92 90/98
American Funds Benchmark for the 10 Years ending 3/31/25 (updated monthly).
Morningstar Benchmark for the 10 Years ending 4/30/25 (updated monthly).

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Industrials 24.2%
Financials 18.0%
Information technology 13.5%
Health care 10.8%
Consumer discretionary 9.3%
Consumer staples 7.9%
Materials 4.4%
Communication services 2.8%
Energy 2.6%
Utilities 2.4%

% of net assets as of 3/31/2025 (updated monthly)

Top Equities

SAP
3.3%
Safran
3.1%
AstraZeneca
2.5%
London Stock Exchange Group
2.4%
Rolls-Royce Holdings
2.3%
EssilorLuxottica
2.2%
Novo Nordisk
2.1%
ASML
2.1%
TotalEnergies
1.8%
Airbus
1.7%

% of net assets as of 3/31/2025 (updated monthly)

Geographic Breakdown

Regions | Top Countries
Europe
68.0%
Asia & Pacific Basin
24.3%
Other (Including Canada & Latin America)
3.6%
Cash & equivalents
4.1%
% of net assets as of 3/31/2025 (updated monthly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue
Regions Fund
MSCI EAFE (Europe, Australasia, Far East) Index
United States 1.7% 0.0%
Canada 2.1% 0.0%
Europe 70.9% 67.8%
Japan 16.7% 21.7%
Asia-Pacific ex. Japan 5.1% 10.5%
Emerging Markets 3.6% 0.0%

% of net assets as of 3/31/2025 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
MSCI EAFE (Europe, Australasia, Far East) Index
United States 1.6% 0.0%
Canada 2.0% 0.0%
Europe 68.0% 67.8%
Japan 16.0% 21.7%
Asia-Pacific ex. Japan 4.9% 10.5%
Emerging Markets 3.4% 0.0%
Cash & Equivalents
4.1% --

% of net assets as of 3/31/2025 (updated monthly)

Prices & Distributions

Internal Prompt

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
12/16/24 12/16/24 12/17/24 $0.2547 $0.00 $0.00 $0.00 $16.84
2024 Year-to-Date: Dividends Subtotal: $0.2547 Cap Gains Subtotal: $0.00
Total Distributions: $0.2547

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.48%
Other Expenses 0.16%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

AIVFX 0.64%
Lipper International Funds Average
0.81%
Fund as of most recent prospectus. Lipper Category as of 3/31/25 (updated quarterly).