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
Managed for conservative growth and income investing. Invests primarily in well-established, dividend-paying companies with strong balance sheets to help provide current income, growth of capital, and conservation of principal.
Price at NAV $58.81 as of 3/18/2026 (updated daily)
Fund Assets (millions) $116,318.8
Portfolio Managers
5
Expense Ratio
(Gross/Net %)
0.38 / 0.38%
Quarterly Fund Fact Sheet (PDF)
Prospectus
Internal Prompt

Returns at NAV

Returns at MOP

Asset Mix

U.S. Equities90.0%
Non-U.S. Equities6.3%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
3.8%
As of 2/28/2026 (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
AMRFX
S&P 500 Index
Other AF Funds
Standard Deviation as of 02/28/2026 (updated monthly) . Annualized return as of 02/28/2026 (updated monthly) .
VIEW LARGER CHART

Market Capitalization

80.6%
Large
18.4%
Medium
1.1%
Small
$707,477.00 Million
Weighted Average


As of 12/31/2025 (updated quarterly). FactSet data as of 12/31/2025 (updated quarterly).

Morningstar Ownership ZoneTM

Large Value
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 12/31/25 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Description

Objective
The fund strives for the balanced accomplishment of three objectives: current income, growth of capital and conservation of principal.
Distinguishing Characteristics
Conservatively managed to reduce volatility and risk, this fund has the potential to provide downside resilience during market declines. It invests primarily in well-established companies with strong balance sheets.
Types of Investments
The fund invests primarily in common stocks, securities convertible into common stocks.
Holdings Outside the U.S.
May invest up to 20% of its assets in securities of issuers domiciled outside the United States and not included in the S&P 500 Composite Index. May invest up to 5% of its assets in securities of issuers domiciled outside the United States and Canada and not included in the S&P 500 Composite Index.

Fund Facts

Fund Inception 2/21/1950
Fund Assets (millions)
As of 2/28/2026
 $116,318.8
Companies/Issuers
Holdings are as of 2/28/2026 (updated monthly).
 146+
Shareholder Accounts
Shareholder accounts are as of 2/28/2026
 688,076
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2025) 30%
Fiscal Year-End Oct
Prospectus Date 01/01/2026
CUSIP 027681 82 4
Fund Number 603

Returns

Internal Prompt

Month-End Returns as of 2/28/26

Returns at NAV
| at MOP
Read important investment disclosures
AMRFX
S&P 500 Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 12/31/25

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 12/31/2025.
AMRFX
S&P 500 Index
VIEW LARGER CHART

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.67% 1.72%
Fund at MOP N/A N/A
As of 2/28/2026 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.59 14.52 20.39
S&P 500 Index
4.60 15.70 --
Fund as of 12/31/25. Index as of 12/31/25.
Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Grant Cambridge 7 29
Charles Ellwein 9 20 34
Cheryl Frank 12 24 28
Martin Jacobs 5 25 38
Jim Lovelace 20 44
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(1053)
3-yr. Morningstar RatingTM
(1053 funds rated)
5-yr. Morningstar RatingTM
(988 funds rated)
10-yr. Morningstar RatingTM
(825 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category
Large Value
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 2/28/2026 (updated monthly).

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated
(229)
(229)
(224)
(200)
Expense Within Category
Funds Rated
(113)
(113)
(109)
(91)
Preservation Within Category
Funds Rated
(11961)
(11961)
(11106)
(8577)
Tax Efficiency Within Category
Funds Rated
(229)
(229)
(224)
(200)
Total Return Within Category
Funds Rated
(229)
(229)
(224)
(200)
Category Large-Cap Value Funds
KEY
HIGHEST LOWEST
As of 2/28/2026 (updated monthly)

Risk Measures

Fund
Standard Deviation
11.84
Sharpe Ratio
0.85
For the 10 Years ending 2/28/26 (updated monthly).
American Funds/
Morningstar Benchmark
S&P 500 TR USD
R-squared
86
Beta
0.74
Capture Ratio (Downside/Upside)
74/77
American Funds and Morningstar Benchmark for the 10 Years ending 2/28/26 (updated monthly).

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 19.2%
Health care 14.3%
Industrials 12.0%
Financials 11.9%
Consumer staples 10.1%
Utilities 7.4%
Energy 5.1%
Consumer discretionary 4.9%
Communication services 4.3%
Materials 4.3%
Real estate 2.7%

% of net assets as of 2/28/2026 (updated monthly)

Top Equities

Microsoft
4.8%
Broadcom
3.4%
Philip Morris International
3.2%
Eli Lilly
3.1%
Apple
2.2%
AbbVie
2.2%
General Electric aka GE Aerospace
2.2%
Starbucks
2.0%
Meta Platforms
2.0%
Mondelez International
1.9%

% of net assets as of 2/28/2026 (updated monthly)

Geographic Breakdown

Regions
United States
90.0%
Europe
2.3%
Asia & Pacific Basin
2.0%
Other (Including Canada & Latin America)
2.0%
Cash & equivalents
3.8%
% of net assets as of 2/28/2026 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

2026

Historical Prices Year-End

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Historical Distributions as of 03/18/26

FIND HISTORICAL DISTRIBUTIONS
2026
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/18/26 03/18/26 03/19/26 $0.2475 $0.00 $0.00 $0.00 $58.81
2026 Year-to-Date: Dividends Subtotal: $0.2475 Cap Gains Subtotal: $0.00
Total Distributions: $0.2475

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.23%
Other Expenses 0.15%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

AMRFX 0.38%
Lipper Growth & Income Funds Average
0.69%
Fund as of most recent prospectus. Lipper Category as of 12/31/25 (updated quarterly).