American Funds Investment Company of America has struggled of late to strike the right balance in pursuit of its growth-and-income mandate, but its veteran team and firmwide resources are enough to keep the Morningstar Analyst Rating for its cheapest shares at Silver while its pricier ones fall to Bronze and Neutral.
Will AIVSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AIVSX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AIVSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AIVSX’s parent organization’s priorities and whether they’re in line with investors’ interests.