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Morningstar

American Funds AMCAP R1 RAFAX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 33.75  /  −0.62 %
  • Total Assets 82.9 Bil
  • Adj. Expense Ratio
    1.430%
  • Expense Ratio 1.430%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Small
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield —
  • Turnover 31%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis RAFAX

Will RAFAX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RAFAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RAFAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RAFAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Two Manager Moves Don’t Affect American Funds AMCAP’s Ratings

null Stephen Welch

Stephen Welch

Analyst Note

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.

by Stephen Welch
Published on

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Portfolio Holdings RAFAX

More RAFAX Holdings
  • 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