- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 333 South Hope StreetLos Angeles,CA 90071-1406United States DE United States of America
- IPO Date
- Oct 1, 2008
- Business
- International Growth and Income Fund, Class F-1 Shares (IGIFX) is an open-end mutual fund managed by Capital Group that seeks long-term growth of capital while providing current income by investing primarily in common stocks of larger, well-established companies domiciled outside the United States, including emerging markets; the portfolio typically includes equity securities from developed and emerging markets with a blend style focused on large-cap stocks across sectors such as financials, industrials, information technology, consumer staples, and communication services; it maintains a diversified allocation with approximately 93% in non-U.S. equities, 3% in U.S. equities, minimal bonds, and cash equivalents, holding over 278 companies as of late 2025.
The fund offers quarterly dividends paid in March, June, September, and December, along with annual capital gains distributions in December; it features a minimum initial investment of $250, a net expense ratio of 0.93%-0.94%, and a portfolio turnover rate of around 40%; geographic exposure emphasizes Europe and the Middle East (over 55%), emerging markets excluding China (around 17%), Japan, Canada, China, and Asia-Pacific ex-Japan, with top holdings including companies like Taiwan Semiconductor Manufacturing, BAE Systems, ASML Holding, and Airbus.
Launched on October 1, 2008, and domiciled in the United States with headquarters in Los Angeles, California, the fund is part of the American Funds family under Capital Research and Management Company; as of October 31, 2025, it manages approximately $18.07 billion in assets across 8,081 shareholder accounts.
In recent developments, the fund added Bobby Chada and Barbara Burtin as portfolio managers effective September 1, 2024, expanding the management team to eight experienced professionals with complementary investment approaches; this change enhances the fund's multi-manager structure without altering its core strategy or ratings; the parent company Capital Group has pursued broader strategic expansions, including partnerships for new product distributions and public-private investment solutions, though no fund-specific acquisitions, funding rounds, or major reorganizations have been reported in the last 1-2 years.