American Funds Fundamental Investors Class 529-A
CFNAX
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
FRC
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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
- San Francisco, CA 94120-7650 San Francisco CA United States of America 94120-7650
- IPO Date
- Feb 15, 2002
- CIK
- 0000039473
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds Fundamental Investors Class 529-A (CFNAX) is an open-end mutual fund managed by Capital Group Companies that seeks long-term growth of capital and income by investing primarily in common stocks of large, established companies with superior opportunities for capital appreciation, many of which have records of paying dividends; the portfolio typically includes U.S. equities (approximately 79%), non-U.S. equities (approximately 18%), and cash equivalents, with sector allocations emphasizing information technology (32.5%), industrials (13%), financials (9.8%), and consumer discretionary (8.9%) as of November 30, 2025. The fund employs Capital Group's multiple portfolio manager system, with a team including Julian Abdey, Paul Benjamin, Mark Casey, Mathews Cherian, Brady Enright, Irfan Furniturewala, Dimitrije Mitrinovic, and Diana Wagner, each managing distinct portions of the portfolio to foster diverse investment perspectives and mitigate key-person risk; it features a net expense ratio of 0.62%, a 3.50% front-end load, a minimum initial investment of $250, quarterly income dividends, semi-annual capital gains distributions, and a 2024 portfolio turnover of 28%. Launched on August 1, 1978 as part of the American Funds family, CFNAX is domiciled in the United States, available primarily to U.S. investors through 529 college savings plans, and forms one share class among several (including A, B, F shares) of the underlying Fundamental Investors strategy, with total net assets exceeding $163 billion as of November 30, 2025. Capital Group, the fund's investment adviser, was founded in 1931 and is headquartered at 333 South Hope Street in Los Angeles, California, operating globally with offices across the Americas, Europe, Asia, and Australia. In recent developments, Capital Group has advanced its exclusive strategic partnership with KKR, initially announced in May 2024, by launching public-private credit interval funds Capital Group KKR Core Plus+ and Capital Group KKR Multi-Sector+ in April 2025, filing for a public-private U.S. equity fund expected to debut in early 2026 pending regulatory approval, and planning a real asset strategy for late 2026; the collaboration extends to integrated retirement solutions like target date funds and model portfolios for defined contribution plans and wealth management, as well as insurance asset management with KKR's Global Atlantic, announced in December 2025.