OCTOBER 19, 2016

American Funds Receives Top Honors on Morningstar’s 2016 “Fantastic 45” List

11 American Funds included in Morningstar’s annual fund review – more than any other fund family

LOS ANGELES, October 19, 2016 — Eleven American Funds have been cited for excellence in the Morningstar® FundInvestor℠ “Fantastic 45” list — the most of any fund family. Morningstar’s annual review of nearly 8,000 mutual funds identifies a select group of funds considered for criteria such as expenses, manager ownership, returns, stewardship and risk ratings.

“We are honored that our funds have been recognized once again by Morningstar for delivering superior results at a low cost to investors,” said Matt O’Connor, President of American Funds Distributors. “We are particularly proud that the American Funds make up a quarter of Morningstar’s ‘Fantastic’ funds list.”

“These funds have offered outstanding results through a powerful combination of characteristics. Lower expenses help a fund’s results over time. Manager ownership — or fund managers having a significant investment in the funds they manage — is an integral part of our culture. And during times of market volatility, it is especially important to consider funds that have been resilient during down markets.”

The American Funds that made Morningstar’s 2016 Fantastic 45 list are below (funds are linked to their webpages on americanfunds.com):

American Balanced Fund®
Capital Income Builder®
Capital World Growth and Income Fund®
EuroPacific Growth Fund®
American Funds Global Balanced Fund℠
The Growth Fund of America®
The Investment Company of America®
New Perspective Fund®
New World Fund®
Washington Mutual Investors Fund℠

Morningstar’s Fantastic 45 report includes data for each fund, showing the expense ratio, the tenure of the longest serving portfolio manager, the fund’s annualized return over that manager’s tenure, and the return of the fund’s benchmark.

Note: This is an updated version of a July 11, 2016 announcement on the Morningstar® FundInvestor℠ “Fantastic 48” list. Morningstar recently updated the 2016 list to “Fantastic 45.”
Founded in 1931, Los Angeles-based American Funds manages more than $1.3 trillion for individuals and institutions worldwide.*

*(as of 12/31/2015)


Tom Joyce (Los Angeles)
(213) 615-0514

Sarah Christiansen (Los Angeles)
(213) 615-3052

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