American Funds Fundamental Invs R3
RFNCX
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
- Jun 4, 2002
- CIK
- 0000039473
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds Fundamental Investors R3 (RFNCX) is a class of shares of the Fundamental Investors mutual fund, which seeks long-term growth of capital and income by investing primarily in common stocks of established companies offering superior opportunities for capital appreciation, most with a history of paying dividends; it may also invest in securities convertible into common stocks, bonds, U.S. government securities, and cash, with allocations typically comprising approximately 79% U.S. equities, 18% non-U.S. equities, and the balance in cash equivalents as of late 2025. The fund emphasizes a flexible, growth-and-income approach targeting undervalued or overlooked large-cap blend stocks across sectors such as information technology (32.5%), industrials (13%), financials (9.8%), and consumer discretionary (8.9%), with geographic exposure including the United States (81%), Canada (4%), Europe & Middle East (8%), and emerging markets ex-China (6%). Managed by Capital Group, the fund holds over 215 companies, features a portfolio turnover of 28% (2024), pays regular quarterly dividends in March, June, September, and December plus capital gains semiannually, and maintains a net expense ratio of 0.92% with no minimum initial investment. The R3 share class, launched on June 4, 2002, is designed for retirement plans and certain institutional investors, part of the broader American Funds family domiciled in the United States with total net assets exceeding $163 billion as of November 30, 2025. It operates within the large blend category, benchmarked against the S&P 500 Index, delivering a 30-day SEC yield of 0.42% and distribution rates reflecting recent payouts including $0.099 regular income and $1.8915 long-term capital gains in 2025. Recent developments include a management transition in April 2025, when Brady Enright stepped down as lead principal investment officer, with Mark Casey assuming the role of allocating capital across the strategy's multiple independent manager sleeves; Enright remains a portfolio manager alongside others such as Julian Abdey, Paul Benjamin, Mathews Cherian, Irfan Furniturewala, Dimitrije Mitrinovic, and Diana Wagner. Capital Group, the fund's investment manager founded in 1931 and headquartered in Los Angeles, California, has pursued strategic expansions including an exclusive partnership with KKR announced in 2024 and advanced in 2025 with SEC filings for public-private fixed income and equity funds (e.g., Capital Group KKR Core Plus+, Multi-Sector+, and U.S. Equity+), launches of new ETFs, and a Multi-Sector Income Fund, enhancing alternative investment access though not directly altering RFNCX operations. The prospectus was updated as of March 1, 2025, reflecting ongoing portfolio adjustments amid a buoyant U.S. economy and AI opportunities noted in Capital Group's 2025 outlook.