American Funds Invmt Co of Amer A
AIVSX
NASDAQ- -
USD
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Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles, CA 90071-1406 Los Angeles CA United States of America 90071-1406
- IPO Date
- Jan 2, 1986
- CIK
- 0000051931
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds Investment Company of America Class A (AIVSX), managed by Capital Group Companies, Inc., is an open-end mutual fund that seeks long-term growth of capital and income through investments primarily in common stocks of large, well-established companies, most of which have a history of paying dividends; it may allocate up to 15% of assets in non-U.S. equities, cash equivalents, and U.S. bonds. The fund's portfolio emphasizes a blend of large-cap U.S. equities (approximately 88% of net assets), with significant sector allocations to information technology (30.0%), industrials (12.7%), health care (11.3%), communication services (9.9%), and consumer discretionary (9.5%); top holdings as of November 30, 2025, include Microsoft Corp. (7.45%), Broadcom Inc. (6.46%), and NVIDIA Corp. (5.47%). It distributes regular quarterly dividends in March, June, September, and December, and capital gains semiannually in June and December, with a minimum initial investment of $250 and a net expense ratio of 0.56%. Founded in 1934 and headquartered in Los Angeles, California, the fund operates within the large-blend category, serving individual and institutional investors primarily in the United States through broker-dealers and retirement plans. As of November 30, 2025, it manages $179 billion in assets across over 194 issuers and 1.95 million shareholder accounts, with a portfolio turnover rate of 32% in 2024. Recent developments include a firmwide self-assessment by Capital Group, completed in 2025, resulting in structural changes effective January 1, 2026, where management shifts exclusively to Capital Research Global Investors, with the Capital International Investors team removed and analysts reduced to about 50; managers Grant Cambridge and Greg Miliotes transition to the new subsidiary to ensure continuity. Manager Aline Avzaradel ceased involvement with minimal impact, as she oversaw only 6% of assets, while veteran Donald O'Neal retired on January 1, 2025, after 38 years, offset by Greg Miliotes joining in June 2024, maintaining an above-average management team of seven remaining portfolio counselors. These adjustments, part of Capital Group's periodic reviews every seven to eight years (last in 2018), aim to balance leadership and responsibilities across subsidiaries without altering the fund's Medalist ratings or capacity concerns amid U.S. market expansion and steady outflows.