Investment Fund

Share Class
Purchase Restrictions: Class R-1 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
A disciplined approach to growth-and-income investing. Uses strict eligibility criteria to screen for companies across a broad array of industries with strong balance sheets and consistent dividends and seeks to be fully invested.
Price at NAV $62.45 as of 3/18/2026 (updated daily)
Fund Assets (millions) $212,889.9
Portfolio Managers
8
Expense Ratio
(Gross/Net %)
1.34 / 1.34%
Prospectus
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities90.8%
Non-U.S. Equities5.9%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
3.3%
As of 2/28/2026 (updated monthly)

Growth of 10K

Read important investment disclosures

High & Low Prices

Market Capitalization

80.8%
Large
18.7%
Medium
0.5%
Small
$764,320.00 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

Fund Objective
The fund's investment objective is to produce income and to provide an opportunity for growth of principal consistent with sound common stock investing.
Distinguishing Characteristics
A disciplined approach to investing that uses strict eligibility criteria to screen for companies with strong balance sheets, consistent dividends, and the ability to pay a dividend. The fund seeks to be fully invested.
Types of Investments
Primarily invests in common stocks and securities convertible into common stocks.
Holdings Outside the U.S.
May invest up to 10% of its assets in companies domiciled outside the United States.

Fund Facts

Fund Inception 7/31/1952
Fund Assets (millions)
As of 2/28/2026
 $212,889.9
Companies/Issuers
Holdings are as of 2/28/2026 (updated monthly).
 185+
Shareholder Accounts
Shareholder accounts are as of 2/28/2026
 536
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $0
Capital Gains Paid
Jun, Dec
Portfolio Turnover (2025) 29%
Fiscal Year-End Apr
Prospectus Date 07/01/2025
CUSIP 939330 87 4
Fund Number 2101

Returns

Internal Prompt

Month-End Returns as of 2/28/26

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

Quarter-End Returns as of 12/31/25

Internal Prompt

Volatility & Return

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Equities

For Class R-1 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RWMAX
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
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 0.53% 0.50%
Fund at MOP N/A N/A
As of 2/28/2026 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 3.71 14.79 20.37
S&P 500 Index
4.60 15.70 --
Fund as of 12/31/25. Index as of 12/31/25.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Aline Avzaradel 4 21 24
Alan Berro 28 35 40
Mark Casey 10 25
Irfan Furniturewala 11 25
Emme Kozloff 10 20 27
Jin Lee 12 29 30
Eric Stern 12 34 36
Diana Wagner 12 25 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(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).

Risk Measures

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Fund
Standard Deviation
13.30
Sharpe Ratio
0.82
For the 10 Years ending 2/28/26 (updated monthly).
American Funds/
Morningstar Benchmark
S&P 500 TR USD
R-squared
92
Beta
0.85
Capture Ratio (Downside/Upside)
86/85
American Funds and Morningstar Benchmark for the 10 Years ending 2/28/26 (updated monthly).
Active Share
54.5%
As of 9/30/25 (updated quarterly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Information technology 20.2%
Financials 15.4%
Industrials 14.1%
Health care 11.9%
Consumer staples 9.5%
Consumer discretionary 7.3%
Communication services 5.4%
Utilities 3.9%
Energy 3.3%
Real estate 3.1%
Materials 2.6%

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

Top Equities

Broadcom
6.0%
Microsoft
4.6%
Philip Morris International
4.0%
Alphabet
2.9%
Apple
2.4%
Eli Lilly
1.9%
Amgen
1.8%
Marsh & McLennan
1.8%
Welltower
1.7%
Rtx Corp
1.6%

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

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2026

Historical Prices Year-End

Internal Prompt

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 $0.0781 $0.00 $0.00 $0.00 $62.45
2026 Year-to-Date: Dividends Subtotal: $0.0781 Cap Gains Subtotal: $0.00
Total Distributions: $0.0781

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.22%
Other Expenses 0.13%
Service 12b-1 0.99%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RWMAX 1.34%
Lipper Growth & Income Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).