Investment Fund

Share Class
Purchase Restrictions: Class 529-F-3 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

Internal Prompt
A durable multi-asset approach to income. The focus on dividend-paying stocks and fixed income may lead to low volatility and attractive downside resilience. This flexible equity-income fund uses a mix of stocks and bonds, including high-yield debt.
Price at NAV $27.35 as of 3/09/2026 (updated daily)
Fund Assets (millions) $149,151.3
Portfolio Managers
10
Expense Ratio
(Gross/Net %)
0.31 / 0.31%
Quarterly Fund Fact Sheet (PDF)
Prospectus
Internal Prompt

Returns at NAV

Returns at MOP

Asset Mix

U.S. Equities43.3%
Non-U.S. Equities26.0%
U.S. Bonds20.8%
Non-U.S. Bonds2.4%
Cash & Equivalents
7.5%
As of 1/31/2026 (updated monthly)
Internal Prompt

Volatility & Return

Read important investment disclosures
For Class 529-F-3 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
FFIFX
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
Other AF Funds
Standard Deviation as of 02/28/2026 (updated monthly) . Annualized return as of 02/28/2026 (updated monthly) .
VIEW LARGER CHART

Market Capitalization

75.9%
Large
22.1%
Medium
2.0%
Small
$259,655.00 Million
Weighted Average


As of 12/31/2025 (updated quarterly). FactSet data as of 12/31/2025 (updated quarterly).

Morningstar Ownership ZoneTM

Global Moderate Allocation
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 12/31/25 (updated quarterly)
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Fund Statistics

4.4 years
Effective Duration
5.5%
Average Yield
to Worst
5.4%
Average Coupon
% of net assets as of 2/28/2026 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Limited Interest-Rate Sensitivity
Morningstar data as of 12/31/25 (updated quarterly)

Description

Objective
The fund's investment objectives are to provide you with current income while secondarily striving for capital growth.
Distinguishing Characteristics
This income fund focuses on dividend-paying stocks and fixed income, which may lead to low volatility and attractive downside resilience. The fund uses a mix of stocks and bonds, including high-yield debt, and may invest in equities outside of the U.S.
Types of Investments
Invests primarily in common or preferred stocks, convertible securities, bonds, U.S. and other government securities, cash and cash equivalents.
Holdings Outside the U.S.
The fund may invest up to 30% of assets in equities of companies outside the U.S. and up to 10% of assets in fixed-income securities outside the U.S. that are denominated in U.S. dollars.
Portfolio Restrictions
The fund may invest up to 20% of its assets in lower quality, higher yielding nonconvertible debt securities (rated Ba1 and BB+ or below, or unrated, but determined by the fund's investment adviser to be of equivalent quality).

Fund Facts

Fund Inception 12/01/1973
Fund Assets (millions)
As of 2/28/2026
 $149,151.3
Companies/Issuers
Holdings are as of 2/28/2026 (updated monthly).
 1151+
Shareholder Accounts
Shareholder accounts are as of 1/31/2026
 2
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2025) 65%
Fiscal Year-End Jul
Prospectus Date 10/01/2025
CUSIP 453320 731
Fund Number 1706

Returns

Internal Prompt

Month-End Returns as of 2/28/26

Returns at NAV
| at MOP
Read important investment disclosures
FFIFX
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
ANNUAL RETURNS CHART

Quarter-End Returns as of 12/31/25

Growth of 10K

Read important investment disclosures

High & Low Prices

Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.63% 3.28%
Fund at MOP N/A N/A
As of 2/28/2026 (updated monthly)

Valuation

Price/ Price/ Price/
Book
Cash Flow
Earnings
Fund 2.46 9.86 15.22
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
4.60 15.70 --
Fund as of 12/31/25. Index as of 12/31/25.
Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Hilda Applbaum 28 31 42
Pramod Atluri 8 10 22
David Daigle 19 31
Taylor Hinshaw 4 24
Andy Moth 1 9 22
John Queen 5 24 36
Anirudh Samsi 10 21 25
Andrew Suzman 26 32
Justin Toner 7 24 31
Shannon Ward 8 9 33
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(407)
3-yr. Morningstar RatingTM
(407 funds rated)
5-yr. Morningstar RatingTM
(395 funds rated)
10-yr. Morningstar RatingTM
(320 funds rated)
Overall Morningstar Risk Average
HIGH
LOW
Category
Global Moderate Allocation
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 2/28/2026 (updated monthly).

Lipper Leader Scorecard

Over-all 3 yr. 5 yr. 10 yr.
Consistent Return Within Category
Funds Rated
(495)
(495)
(479)
Expense Within Category
Funds Rated
(275)
(275)
(267)
Preservation Within Category
Funds Rated
(4129)
(4129)
(3867)
Tax Efficiency Within Category
Funds Rated
(495)
(495)
(479)
Total Return Within Category
Funds Rated
(495)
(495)
(479)
Category Mixed-Asset Target Allocation Moderate
KEY
HIGHEST LOWEST
As of 2/28/2026 (updated monthly)

Risk Measures

Fund
Standard Deviation
9.95
Sharpe Ratio
0.76
For the 10 Years ending 2/28/26 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
Morningstar Mod Tgt Risk TR USD
R-squared
80 90
Beta
0.59 0.96
Capture Ratio (Downside/Upside)
61/61 95/104
American Funds Benchmark for the 10 Years ending 1/31/26 (updated monthly).
Morningstar Benchmark for the 10 Years ending 2/28/26 (updated monthly).
U.S. Treasuries/Agencies
11.0%
AAA/Aaa
5.6%
AA/Aa
13.1%
A
7.5%
BBB/Baa
17.1%
BB/Ba
28.5%
B
11.1%
CCC & Below
4.6%
Unrated
1.4%
% of net assets as of 2/28/2026 (updated monthly)

Average Life Breakdown

0-4.9 Years
15.3%
5-9.9 Years
6.8%
10-19.9 Years
0.8%
20-29.9 Years
0.9%
30+ Years
0.1%
% of net assets as of 12/31/2025 (updated monthly)

Holdings

Equities Breakdown

Sectors | Top Industries
Equity Fund Holdings
 Financials 12.6%
Health care 9.8%
Consumer staples 7.2%
Energy 6.7%
Materials 6.2%
Utilities 6.0%
Industrials 5.7%
Consumer discretionary 5.2%
Information technology 4.9%
Communication services 4.1%
Real estate 1.5%

% of net assets as of 2/28/2026 (updated monthly)

Bonds Breakdown

Top Equities

Philip Morris International
2.5%
Amgen
1.8%
TSMC
1.6%
Gilead Sciences
1.5%
Southern
1.3%
Agnico Eagle Mines
1.3%
Broadcom
1.3%
BAE Systems
1.3%
CVS Health
1.2%
Citigroup
1.2%

% of net assets as of 1/31/2026 (updated monthly)

Geographic Breakdown

Regions | Top Countries
United States
63.8%
Europe
15.0%
Asia & Pacific Basin
4.7%
Other (Including Canada & Latin America)
9.2%
Cash & equivalents
7.3%
% of net assets as of 2/28/2026 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

2026

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/26/26

FIND HISTORICAL DISTRIBUTIONS
2025
Record
Date		 Calculated
Date		 Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/10/25 03/10/25 03/11/25 $0.1862 $0.00 $0.00 $0.00 $25.27
06/09/25 06/09/25 06/10/25 $0.1864 $0.00 $0.00 $0.00 $26.16
09/15/25 09/15/25 09/16/25 $0.1874 $0.00 $0.00 $0.00 $27.44
12/15/25 12/15/25 12/16/25 $0.1876 $0.33 $1.5865 $0.00 $25.98
2025 Year-to-Date: Dividends Subtotal: $1.0776 Cap Gains Subtotal: $1.5865
Total Distributions: $2.6641

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.22%
Other Expenses 0.09%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

FFIFX 0.31%
Lipper Growth & Income Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).