American Funds AMCAP Fund Class C
AMPCX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles CA 90071 Los Angeles CA United States of America 90071
- IPO Date
- Mar 15, 2001
- CIK
- 0000004405
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds AMCAP Fund Class C (AMPCX) is an open-end mutual fund that seeks long-term growth of capital by investing primarily in common stocks of U.S. companies with solid long-term growth records and potential for above-average future growth; it employs a multiple manager approach focusing on well-managed companies of any market capitalization with sound fundamentals, including large-cap growth stocks in sectors such as information technology (approximately 38%), consumer discretionary (15%), industrials (12%), communication services (11%), and health care (11%), supplemented by limited non-U.S. equities (around 5-6%, primarily in Europe, Canada, Asia-Pacific ex-Japan, and emerging markets ex-China), cash equivalents (1-3%), and no bonds. The fund offers Class C shares with a net expense ratio of 1.39%, including 0.29% annual management fees, 0.99% 12b-1 service fees, and other expenses of 0.11%; it features a minimum initial investment of $250, semi-annual dividends and capital gains distributions in June and December, a portfolio turnover rate of 36%, and holdings in over 170 companies as of late 2025. Managed by Capital Research and Management Company, a subsidiary of Capital Group headquartered in Los Angeles, California, the fund traces its inception to May 1, 1967, and operates within the large growth category, targeting individual investors, retirement plans, and financial advisors primarily in the United States. Recent developments include multiple portfolio manager lineup changes to enhance execution amid increased strategic flexibility, as noted in Morningstar's reassessment; Capital Group, the fund's parent, has pursued major strategic expansions such as an exclusive partnership with KKR announced in 2024 and advanced in 2025, encompassing launches of hybrid public-private fixed income funds (Capital Group KKR Core Plus+ and Multi-Sector+ expected in early 2025), a public-private equity interval fund (Capital Group KKR U.S. Equity+ planned for 2026), and innovations in retirement solutions, model portfolios, and insurance asset management, alongside broader firm initiatives to grow assets toward $4 trillion by 2031 through fixed income growth, overseas expansion, and diversification beyond core equities.