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American Funds Invmt Co of Amer F2 ICAFX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 58.43  /  +0.26 %
  • Total Assets 147.6 Bil
  • Adj. Expense Ratio
    0.370%
  • Expense Ratio 0.370%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Large Blend
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 1.40%
  • Turnover 29%

USD | NAV as of Jul 12, 2024 | 1-Day Return as of Jul 12, 2024, 10:16 PM GMT+0

Morningstar’s Analysis ICAFX

Will ICAFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A Manager Retirement and Addition on American Funds Investment Company of America

null Stephen Welch

Stephen Welch

Analyst Note

American Funds' parent Capital Group announced that veteran manager Donald O'Neal will step off American Funds Investment Company of America and retire from the firm on Jan. 1, 2025. O'Neal has spent all of his 38 years in the industry at Capital Group and has been a manager here since 1992. In June 2024, Greg Miliotes will officially join the management team, bringing the total number of named managers to 10. While O'Neal's retirement is a loss, it is one that Capital Group is equipped to handle. These changes do not alter the strategy's Above Average People rating or its Morningstar Medalist Ratings.

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Portfolio Holdings ICAFX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 36.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

7.94 10.9 Bil
Technology

Broadcom Inc

5.90 8.1 Bil
Technology

GE Aerospace

4.61 6.4 Bil
Industrials

Meta Platforms Inc Class A

4.16 5.7 Bil
Communication Services

Capital Group Central Cash Fund

3.62 5.0 Bil
Cash and Equivalents

Amazon.com Inc

3.53 4.9 Bil
Consumer Cyclical

Alphabet Inc Class A

2.31 3.2 Bil
Communication Services

RTX Corp

2.24 3.1 Bil
Industrials

Alphabet Inc Class C

2.10 2.9 Bil
Communication Services

Mastercard Inc Class A

2.04 2.8 Bil
Financial Services