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INVESTMENT CO OF AMERICA
mutual fund
FAOOX
Payout Change
Pending
Price as of:
$63.88
+0.53
+0.84%
primary theme
Intermediate-Term U.S. Treasury Bond
FAOOX (Mutual Fund)
INVESTMENT CO OF AMERICA
Payout Change
Pending
Price as of:
$63.88
+0.53
+0.84%
primary theme
Intermediate-Term U.S. Treasury Bond
FAOOX (Mutual Fund)
INVESTMENT CO OF AMERICA
Payout Change
Pending
Price as of:
$63.88
+0.53
+0.84%
primary theme
Intermediate-Term U.S. Treasury Bond
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
28.4%
1 yr return
36.6%
3 Yr Avg Return
12.7%
5 Yr Avg Return
N/A
Net Assets
$134 B
Holdings in Top 10
36.4%
52 WEEK LOW AND HIGH
$63.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.32%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250
IRA
$25
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FAOOX - Profile
Distributions
- YTD Total Return 28.4%
- 3 Yr Annualized Total Return 12.7%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.04%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameINVESTMENT CO OF AMERICA
-
Fund Family NameCapital Group Fund Group
-
Inception DateAug 01, 2008
-
Shares OutstandingN/A
-
Share Class529-F3
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerFergus MacDonald
Fund Description
The fund invests primarily in common stocks, most of which have a history of paying dividends. The fund’s equity investments are generally limited to securities of companies that are included on its eligible list. Securities are added to, or deleted from, the eligible list based upon a number of factors, such as the fund’s investment objectives and policies, whether a company is deemed to be an established company of sufficient quality and a company’s dividend payment prospects. Although the fund focuses on investments in medium to larger capitalization companies, the fund’s investments are not limited to a particular capitalization size. In the selection of common stocks and other securities for investment, potential for capital appreciation and future dividends are given more weight than current yield.
The fund may invest up to 15% of its assets, at the time of purchase, outside the United States.
The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
FAOOX - Performance
Return Ranking - Trailing
| Period | FAOOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.4% | -3.9% | 27.5% | 0.45% |
| 1 Yr | 36.6% | -4.4% | 32.7% | 0.45% |
| 3 Yr | 12.7%* | -7.4% | 12.1% | 0.45% |
| 5 Yr | N/A* | -5.7% | 3.3% | 14.60% |
| 10 Yr | N/A* | -2.2% | 3.4% | 25.10% |
* Annualized
Return Ranking - Calendar
| Period | FAOOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -1.0% | 22.1% | 0.45% |
| 2022 | -20.4% | -20.4% | -5.8% | 100.00% |
| 2021 | 16.6% | -7.1% | 16.6% | 0.46% |
| 2020 | N/A | -1.3% | 8.8% | N/A |
| 2019 | N/A | 0.3% | 7.1% | N/A |
Total Return Ranking - Trailing
| Period | FAOOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.4% | -3.9% | 27.5% | 0.45% |
| 1 Yr | 36.6% | -4.4% | 32.7% | 0.45% |
| 3 Yr | 12.7%* | -7.4% | 12.1% | 0.45% |
| 5 Yr | N/A* | -5.7% | 3.3% | 7.30% |
| 10 Yr | N/A* | -2.2% | 3.4% | 23.86% |
* Annualized
Total Return Ranking - Calendar
| Period | FAOOX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 28.8% | -0.5% | 28.8% | 0.45% |
| 2022 | -15.3% | -18.5% | -3.3% | 99.55% |
| 2021 | 25.3% | -4.5% | 25.3% | 0.46% |
| 2020 | N/A | -1.3% | 13.0% | N/A |
| 2019 | N/A | 1.8% | 11.3% | N/A |
NAV & Total Return History
FAOOX - Holdings
Concentration Analysis
| FAOOX | Category Low | Category High | FAOOX % Rank | |
|---|---|---|---|---|
| Net Assets | 134 B | 8.69 M | 134 B | 0.45% |
| Number of Holdings | 210 | 13 | 12380 | 73.21% |
| Net Assets in Top 10 | 55.6 B | 5.7 M | 55.6 B | 0.45% |
| Weighting of Top 10 | 36.35% | 6.2% | 99.3% | 39.73% |
Top 10 Holdings
- MICROSOFT CORP 7.07%
- META PLATFORMS INC CL A 4.56%
- BROADCOM INC 4.56%
- CAPITAL GROUP CENTRAL CASH FUND 4.52%
- AMAZON.COM INC 3.42%
- APPLE INC 2.96%
- GENERAL ELECTRIC CO AKA GE AEROSPACE 2.87%
- ALPHABET INC CL A 2.17%
- ALPHABET INC CL C 2.15%
- ROYAL CARIBBEAN CRUISES LTD 2.08%
Asset Allocation
| Weighting | Return Low | Return High | FAOOX % Rank | |
|---|---|---|---|---|
| Stocks | 95.39% | 0.00% | 95.39% | 0.45% |
| Cash | 4.52% | -20.28% | 28.09% | 34.38% |
| Preferred Stocks | 0.11% | 0.00% | 0.11% | 0.45% |
| Bonds | 0.03% | 0.03% | 161.75% | 100.00% |
| Other | 0.00% | -20.46% | 42.16% | 64.29% |
| Convertible Bonds | 0.00% | 0.00% | 3.29% | 6.25% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FAOOX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | N/A | N/A | N/A |
| Technology | 0.00% | N/A | N/A | N/A |
| Real Estate | 0.00% | N/A | N/A | N/A |
| Industrials | 0.00% | N/A | N/A | N/A |
| Healthcare | 0.00% | N/A | N/A | N/A |
| Financial Services | 0.00% | N/A | N/A | N/A |
| Energy | 0.00% | N/A | N/A | N/A |
| Communication Services | 0.00% | N/A | N/A | N/A |
| Consumer Defense | 0.00% | N/A | N/A | N/A |
| Consumer Cyclical | 0.00% | N/A | N/A | N/A |
| Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FAOOX % Rank | |
|---|---|---|---|---|
| US | 88.73% | 0.00% | 88.73% | 0.45% |
| Non US | 6.66% | 0.00% | 6.66% | 0.45% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FAOOX % Rank | |
|---|---|---|---|---|
| Government | 59.59% | 0.00% | 100.00% | 18.75% |
| Securitized | 22.72% | 0.00% | 99.79% | 79.02% |
| Cash & Equivalents | 4.52% | 0.00% | 28.09% | 34.38% |
| Corporate | 0.07% | 0.00% | 9.48% | 21.43% |
| Derivative | 0.00% | -12.53% | 3.25% | 32.14% |
| Municipal | 0.00% | 0.00% | 5.24% | 25.00% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FAOOX % Rank | |
|---|---|---|---|---|
| US | 0.03% | 0.03% | 161.75% | 100.00% |
| Non US | 0.00% | 0.00% | 2.20% | 4.46% |
FAOOX - Expenses
Operational Fees
| FAOOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.32% | 0.03% | 2.85% | 84.30% |
| Management Fee | 0.23% | 0.00% | 0.85% | 17.41% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.05% | 0.01% | 0.45% | 5.83% |
Sales Fees
| FAOOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 4.50% | N/A |
| Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
| FAOOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FAOOX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.35% | 948.00% | N/A |
FAOOX - Distributions
Dividend Yield Analysis
| FAOOX | Category Low | Category High | FAOOX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.20% | 0.00% | 4.94% | 99.55% |
Dividend Distribution Analysis
| FAOOX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| FAOOX | Category Low | Category High | FAOOX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.04% | -0.80% | 2.96% | 27.80% |
Capital Gain Distribution Analysis
| FAOOX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 18, 2024 | $0.189 | OrdinaryDividend |
| Mar 13, 2024 | $0.187 | OrdinaryDividend |
| Dec 13, 2023 | $0.292 | OrdinaryDividend |
| Dec 13, 2023 | $1.776 | CapitalGainLongTerm |
| Sep 13, 2023 | $0.186 | OrdinaryDividend |
| Jun 14, 2023 | $0.182 | OrdinaryDividend |
| Mar 15, 2023 | $0.182 | OrdinaryDividend |
| Dec 14, 2022 | $0.182 | OrdinaryDividend |
| Dec 14, 2022 | $1.333 | CapitalGainLongTerm |
| Sep 14, 2022 | $0.180 | OrdinaryDividend |
| Jun 15, 2022 | $0.183 | OrdinaryDividend |
| Jun 15, 2022 | $0.572 | CapitalGainLongTerm |
| Mar 16, 2022 | $0.185 | OrdinaryDividend |
| Dec 15, 2021 | $0.188 | OrdinaryDividend |
| Dec 15, 2021 | $2.563 | CapitalGainLongTerm |
| Sep 15, 2021 | $0.187 | OrdinaryDividend |
| Jun 16, 2021 | $0.186 | OrdinaryDividend |
| Jun 16, 2021 | $0.413 | CapitalGainLongTerm |
| Mar 17, 2021 | $0.183 | OrdinaryDividend |
FAOOX - Fund Manager Analysis
Managers
Fergus MacDonald
Start Date
Tenure
Tenure Rank
Nov 01, 2009
12.59
12.6%
Fergus N. MacDonald is a fixed income portfolio manager at Capital Group. He has 29 years of investment experience and has been with Capital Group for 18 years. Earlier in his career at Capital, he was a fixed income investment analyst covering mortgage-backed securities. Prior to joining Capital, he was a vice president at Goldman Sachs & Co. and an associate in the derivative products group at Morgan Stanley. Before that, Fergus was a consultant and actuary at Hewitt Bacon & Woodrow in London.
Ritchie Tuazon
Start Date
Tenure
Tenure Rank
Jan 26, 2015
7.35
7.4%
Ritchie Tuazon is a fixed income portfolio manager at Capital Group. He has 21 years of investment experience and has been with Capital Group for 11 years. Earlier in his career at Capital, as a fixed income investment analyst, he had analytical responsibilities for Treasuries and TIPS. Prior to joining Capital, Ritchie was a trader at Goldman Sachs with experience trading TIPS, Treasuries, and Interest Rate Swaps. He holds an MBA from MIT Sloan School of Management, a master’s degree in public administration from Harvard's Kennedy School of Government and a bachelor’s degree from the University of California, Berkeley. Ritchie is based in Los Angeles.
David Betanzos
Start Date
Tenure
Tenure Rank
Jan 26, 2015
7.35
7.4%
David J. Betanzos is a fixed income portfolio manager at Capital Group. Earlier in his career at Capital he was a fixed income investment analyst and covered mortgage-backed securities. He joined the investment industry in 2000 and has been with Capital Group since 2002. Prior to joining Capital, he was a portfolio strategist with Payden & Rygel Investment Management. He holds an MBA from the University of Chicago Booth School of Business and a bachelor’s degree in business administration from the University of Washington. He also holds the Chartered Financial Analyst® designation. David is based in Los Angeles.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.11 | 31.64 | 8.43 | 7.35 |
