Capital Group has announced that manager Greg Wendt will come off AMCAP on May 1, 2024. At that time, Michael Beckwith, a previously undisclosed manager with 25 years of investment experience (including five years at Capital Group), will officially join the management ranks. Wendt’s tenure here was short: Capital Group had named him a manager in 2020, though his service dated to May 2019. That said, his main focus has always been on American Funds Smallcap World SMCWX, where he is the lead principal investment officer. Tapping Beckwith to manage alongside seven other managers, including veteran James Terrile, who oversees the entire offering, helps retain the strategy’s Above Average People rating and its respective Morningstar Medalist Ratings.
American Funds AMCAP F1 AMPFX
- NAV / 1-Day Return 39.81 / −0.52 %
- Total Assets 83.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.730%
- Distribution Fee Level Average
- Share Class Type No Load
- Category Large Growth
- Investment Style Large Growth
- Min. Initial Investment 250
- Status Open
- TTM Yield 0.42%
- Turnover 31%
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:10 PM GMT+0
Morningstar’s Analysis AMPFX
Will AMPFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 29.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Microsoft Corp | 6.60 | 5.8 Bil | Technology |
Broadcom Inc | 4.02 | 3.5 Bil | Technology |
Capital Group Central Cash Fund | 3.43 | 3.0 Bil | Cash and Equivalents |
Amazon.com Inc | 3.25 | 2.8 Bil | Consumer Cyclical |
Meta Platforms Inc Class A | 3.05 | 2.7 Bil | Communication Services |
TransDigm Group Inc | 2.67 | 2.3 Bil | Industrials |
Cash And Other Assets Less Liablities | 2.30 | 2.0 Bil | Cash and Equivalents |
Alphabet Inc Class A | 2.12 | 1.8 Bil | Communication Services |
Mastercard Inc Class A | 2.06 | 1.8 Bil | Financial Services |
Salesforce Inc | 1.96 | 1.7 Bil | Technology |