Summary
Internal Prompt
Managed for conservative growth and income investing. Invests primarily in well-established companies with strong balance sheets and a history of consistently paying dividends, helping to provide downside resilience.
Price at NAV $54.29 as of 6/10/2024 (updated daily)
Fund Assets (millions) $96,745.1
Portfolio Managers 8
Expense Ratio
(Gross/Net %) 0.59 / 0.59%
Prospectus (PDF)
Internal Prompt
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Returns at NAV
-
Returns with Sales Charge
Returns at NAV
Returns with Sales Charge
Read important investment disclosures
10.81%
1-year return
9.33%
5-year return
8.65%
10-year return
1.76%
30-Day SEC Yield
Returns as of 5/31/24 (updated monthly). Yield as of 5/31/24 (updated monthly).
Asset Mix
U.S. Equities88.3% | Non-U.S. Equities7.0% | ||
U.S. Bonds0.0% | Non-U.S. Bonds0.0% | ||
Cash & Equivalents 4.6% |
U.S. Equities88.3% | |
Non-U.S. Equities7.0% | |
U.S. Bonds0.0% | |
Non-U.S. Bonds0.0% | |
Cash & Equivalents 4.6% |
As of 4/30/2024(updated monthly)
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Growth of 10K
-
High & Low Prices
Growth of 10K
Read important investment disclosures
For Class A Shares, this chart tracks a hypothetical investment with dividends reinvested, over the last 20 years, or since inception date if the fund has been in existence under 20 years, through 12/31/2023.
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AMRMX
S&P 500 Index
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High & Low Prices
Market Capitalization
82.6%
Large
16.3%
Medium
1.2%
Small
$156,532.48 Million
Weighted Average
As of3/31/2024 (updated quarterly). Morningstar data as of3/31/2024 (updated quarterly).
Morningstar Ownership ZoneTM
Large Value
Large Value
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 3/31/24 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE
Description
Fund Objective
The fund strives for the balanced accomplishment of three objectives: current income, growth of capital and conservation of principal.
Distinguishing Characteristics
Conservatively managed to reduce volatility and risk, this fund has the potential to provide downside resilience during market declines. It invests primarily in well-established companies with strong balance sheets.
Types of Investments
The fund invests primarily in common stocks, securities convertible into common stocks.
Holdings Outside the U.S.
May invest up to 20% of its assets in securities of issuers domiciled outside the United States and not included in the S&P 500 Composite Index. May invest up to 5% of its assets in securities of issuers domiciled outside the United States and Canada and not included in the S&P 500 Composite Index.
Fund Facts
Fund Inception | 2/21/1950 |
Fund Assets (millions) As of 5/31/2024 | $96,745.1 |
Companies/Issuers Holdings are as of 5/31/2024 (updated monthly). | 175+ |
Shareholder Accounts Shareholder accounts are as of 4/30/2024 | 1,011,218 |
Regular Dividends Paid | Mar, Jun, Sep, Dec |
Minimum Initial Investment | $250 |
Capital Gains Paid | Dec |
Portfolio Turnover (2023) | 25% |
Fiscal Year-End | Oct |
Prospectus Date | 01/01/2024 |
CUSIP | 027681 10 5 |
Fund Number | 3 |
Internal Prompt
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Month-End Returns as of 5/31/24
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Quarter-End Returns as of 3/31/24
ANNUAL RETURNS CHART
Month-End Returns as of 5/31/24
|
With Sales ChargeRead important investment disclosures
AMRMX
S&P 500 Index
ANNUAL RETURNS CHART
Quarter-End Returns as of 3/31/24
Internal Prompt
Volatility & Return
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Read important investment disclosures
Equities
For Class A Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
AMRMX
S&P 500 Index
Other AF Funds
Standard Deviation as of 05/31/2024 (updated monthly) . Annualized return as of 05/31/2024 (updated monthly).
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Internal Prompt
Yield
12-month | ||
Distribution Rates | 30-day SEC Yield | |
Fund at NAV | 1.98% | N/A |
Fund at MOP | 1.87% | 1.76% |
As of 5/31/2024 (updated monthly)
Valuation
Price/ | Price/ | Price/ | |
Book | Cash Flow | Earnings | |
Fund | 3.39 | 14.27 | 18.86 |
S&P 500 Index | 4.10 | 15.00 | 21.80 |
Fund as of 3/31/24. Index as of 3/31/24.
Portfolio Management
Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Grant L. Cambridge27275
Charles E. Ellwein32187
Cheryl E. Frank262210
Martin Jacobs36233
James B. Lovelace424218
William L. Robbins322916
James Terrile272718
Brant W. Thompson28165
Grant L. Cambridge | 5 | 27 | ||
Charles E. Ellwein | 7 | 18 | 32 | |
Cheryl E. Frank | 10 | 22 | 26 | |
Martin Jacobs | 3 | 23 | 36 | |
James B. Lovelace | 18 | 42 | ||
William L. Robbins | 16 | 29 | 32 | |
James Terrile | 18 | 27 | ||
Brant W. Thompson | 5 | 16 | 28 |
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.
Ratings & Risk
Morningstar Rating TM
Overall Morningstar RatingTM Funds rated(1102) | |
3-yr. Morningstar RatingTM (1102 funds rated) | |
5-yr. Morningstar RatingTM (1039 funds rated) | |
10-yr. Morningstar RatingTM (808 funds rated) | |
Overall Morningstar Risk | Low HIGH LOW |
Category | Large Value |
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 5/31/2024 (updated monthly).
Risk Measures
Read important investment disclosures
Fund | ||
Standard Deviation | 12.12 | |
Sharpe Ratio | 0.67 | |
For the 10 Years ending 5/31/24 (updated monthly). | ||
American Funds/ Morningstar Benchmark | ||
S&P 500 TR USD | ||
R-squared | 90 | |
Beta | 0.76 | |
Capture Ratio (Downside/Upside) | 79/76 | |
American Funds and Morningstar Benchmark for the 10 Years ending 5/31/24 (updated monthly). | ||
58.4% |
As of 3/31/24 (updated quarterly)
Equities Breakdown
Sectors | Top Industries
Equity Fund Holdings
Information technology 17.4% | |
Industrials 16.1% | |
Financials 15.3% | |
Health care 14.8% | |
Consumer staples 7.7% | |
Utilities 6.3% | |
Energy 5.1% | |
Consumer discretionary 3.2% | |
Materials 3.0% | |
Communication services 2.8% | |
Real estate 2.7% |
%of net assets as of 5/31/2024(updated monthly)
Top Equities
Microsoft
6.0%
Rtx Corp
3.4%
AbbVie
3.3%
Apple
3.1%
General Electric
3.1%
Abbott Laboratories
2.3%
JPMorgan Chase
2.0%
Linde PLC
1.8%
Union Pacific
1.8%
ExxonMobil
1.5%
% of net assets as of 4/30/2024 (updated monthly)
QUARTERLY HOLDINGS
Geographic Breakdown
Regions
United States
87.3%
3.1%
Asia & Pacific Basin
0.9%
Other (Including Canada & Latin America)
3.0%
Cash & equivalents
5.6%
% of net assets as of 5/31/2024 (updated monthly)
The New Geography of Investing ®
Equity Portion Breakdown by Domicile| Equity Portion Breakdown by Revenue
Regions | Fund | S&P 500 Index | |
United States | 92.5% | 100.0% | |
Canada | 3.2% | 0.0% | |
Europe | 3.3% | 0.0% | |
Japan | 0.2% | 0.0% | |
Emerging Markets | 0.8% | 0.0% |
% of net assets as of 5/31/2024(updated monthly)
Fund Breakdown by Domicile
Regions | Fund | S&P 500 Index |
United States | 87.5% | 100.0% |
Canada | 3.1% | 0.0% |
Europe | 3.1% | 0.0% |
Japan | 0.2% | 0.0% |
Emerging Markets | 0.7% | 0.0% |
Cash & Equivalents | 5.5% | 0.0% |
% of net assets as of 5/31/2024 (updated monthly)
Prices & Distributions
Internal Prompt
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Historical Prices Month-End
-
Historical Prices Year-End
FIND HISTORICAL PRICES
Historical Prices Month-End
2024 |
FIND HISTORICAL PRICES
Historical Prices Year-End
Internal Prompt
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Historical Distributions as of 06/10/24
Historical Distributions as of 06/10/24
FIND HISTORICAL DISTRIBUTIONS
2024 |
Record Date | Calculated Date | Pay Date | Income Dividend Regular | Income Dividend Special | Cap. Gains Long-Term | Cap. Gains Short-Term | Reinvest NAV |
03/13/24 | 03/13/24 | 03/14/24 | $0.215 | $0.00 | $0.00 | $0.00 | $53.55 |
2024 Year-to-Date: | Dividends Subtotal: $0.215 | Cap Gains Subtotal: $0.00 | |||||
Total Distributions: $0.215 |
Daily Dividend Accrual
for Pay Date
Close
Rate | As of Date |
---|---|
0.00000000 | 03/14/2024 |
0.00000000 | 03/15/2024 |
0.00000000 | 03/18/2024 |
0.00000000 | 03/19/2024 |
0.00000000 | 03/20/2024 |
0.00000000 | 03/21/2024 |
0.00000000 | 03/22/2024 |
0.00000000 | 03/25/2024 |
0.00000000 | 03/26/2024 |
0.00000000 | 03/27/2024 |
0.00000000 | 03/28/2024 |
0.00000000 | 04/01/2024 |
0.00000000 | 04/02/2024 |
0.00000000 | 04/03/2024 |
0.00000000 | 04/04/2024 |
0.00000000 | 04/05/2024 |
0.00000000 | 04/08/2024 |
0.00000000 | 04/09/2024 |
0.00000000 | 04/10/2024 |
0.00000000 | 04/11/2024 |
0.00000000 | 04/12/2024 |
0.00000000 | 04/15/2024 |
0.00000000 | 04/16/2024 |
0.00000000 | 04/17/2024 |
0.00000000 | 04/18/2024 |
0.00000000 | 04/19/2024 |
0.00000000 | 04/22/2024 |
0.00000000 | 04/23/2024 |
0.00000000 | 04/24/2024 |
0.00000000 | 04/25/2024 |
0.00000000 | 04/26/2024 |
0.00000000 | 04/29/2024 |
0.00000000 | 04/30/2024 |
0.00000000 | 05/01/2024 |
0.00000000 | 05/02/2024 |
0.00000000 | 05/03/2024 |
0.00000000 | 05/06/2024 |
0.00000000 | 05/07/2024 |
0.00000000 | 05/08/2024 |
0.00000000 | 05/09/2024 |
0.00000000 | 05/10/2024 |
0.00000000 | 05/13/2024 |
0.00000000 | 05/14/2024 |
0.00000000 | 05/15/2024 |
0.00000000 | 05/16/2024 |
0.00000000 | 05/17/2024 |
0.00000000 | 05/20/2024 |
0.00000000 | 05/21/2024 |
0.00000000 | 05/22/2024 |
0.00000000 | 05/23/2024 |
0.00000000 | 05/24/2024 |
0.00000000 | 05/28/2024 |
0.00000000 | 05/29/2024 |
0.00000000 | 05/30/2024 |
0.00000000 | 05/31/2024 |
0.00000000 | 06/03/2024 |
0.00000000 | 06/04/2024 |
0.00000000 | 06/05/2024 |
0.00000000 | 06/06/2024 |
0.00000000 | 06/07/2024 |
0.00000000 | 06/10/2024 |
FIND HISTORICAL DISTRIBUTIONS
Current Daily
Dividend Accrual
Close
Rate | As of-Date | |
---|---|---|
0.00000000 | 03/14/2024 | |
0.00000000 | 03/15/2024 | |
0.00000000 | 03/18/2024 | |
0.00000000 | 03/19/2024 | |
0.00000000 | 03/20/2024 | |
0.00000000 | 03/21/2024 | |
0.00000000 | 03/22/2024 | |
0.00000000 | 03/25/2024 | |
0.00000000 | 03/26/2024 | |
0.00000000 | 03/27/2024 | |
0.00000000 | 03/28/2024 | |
0.00000000 | 04/01/2024 | |
0.00000000 | 04/02/2024 | |
0.00000000 | 04/03/2024 | |
0.00000000 | 04/04/2024 | |
0.00000000 | 04/05/2024 | |
0.00000000 | 04/08/2024 | |
0.00000000 | 04/09/2024 | |
0.00000000 | 04/10/2024 | |
0.00000000 | 04/11/2024 | |
0.00000000 | 04/12/2024 | |
0.00000000 | 04/15/2024 | |
0.00000000 | 04/16/2024 | |
0.00000000 | 04/17/2024 | |
0.00000000 | 04/18/2024 | |
0.00000000 | 04/19/2024 | |
0.00000000 | 04/22/2024 | |
0.00000000 | 04/23/2024 | |
0.00000000 | 04/24/2024 | |
0.00000000 | 04/25/2024 | |
0.00000000 | 04/26/2024 | |
0.00000000 | 04/29/2024 | |
0.00000000 | 04/30/2024 | |
0.00000000 | 05/01/2024 | |
0.00000000 | 05/02/2024 | |
0.00000000 | 05/03/2024 | |
0.00000000 | 05/06/2024 | |
0.00000000 | 05/07/2024 | |
0.00000000 | 05/08/2024 | |
0.00000000 | 05/09/2024 | |
0.00000000 | 05/10/2024 | |
0.00000000 | 05/13/2024 | |
0.00000000 | 05/14/2024 | |
0.00000000 | 05/15/2024 | |
0.00000000 | 05/16/2024 | |
0.00000000 | 05/17/2024 | |
0.00000000 | 05/20/2024 | |
0.00000000 | 05/21/2024 | |
0.00000000 | 05/22/2024 | |
0.00000000 | 05/23/2024 | |
0.00000000 | 05/24/2024 | |
0.00000000 | 05/28/2024 | |
0.00000000 | 05/29/2024 | |
0.00000000 | 05/30/2024 | |
0.00000000 | 05/31/2024 | |
0.00000000 | 06/03/2024 | |
0.00000000 | 06/04/2024 | |
0.00000000 | 06/05/2024 | |
0.00000000 | 06/06/2024 | |
0.00000000 | 06/07/2024 | |
0.00000000 | 06/10/2024 |
Internal Prompt
Fees
Annual Management Fees | 0.23% |
Other Expenses | 0.11% |
Service 12b-1 | 0.25% |
As of each fund's most recent prospectus.
Internal Prompt
Expense Ratio
AMRMX | 0.59% |
Lipper Growth & IncomeFunds Average | 1.08% |
Fund as of most recent prospectus. Lipper Category as of 3/31/24 (updated quarterly).
Resources
Prospectuses & Reports for AMRMX
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Quarterly Fund Fact Sheet (PDF) 05/24
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Single Sheet (PDF) 01/24
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Summary Prospectus (PDF) 01/24
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Prospectus (PDF) 01/24
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Statement of additional information (PDF) 01/24
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Semi-Annual Report (PDF) 06/23
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Annual Report (PDF) 12/23
About Our Funds
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Share Class Pricing Details
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Stats Update (PDF)
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Resource Guide (PDF)
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1Q-2024 Quarterly Statistical Update (PDF)