A disciplined approach to growth-and-income investing. Uses strict eligibility criteria to screen for companies across a broad array of industries with strong balance sheets and consistent dividends and seeks to be fully invested.
The fund's investment objective is to produce income and to provide an opportunity for growth of principal consistent with sound common stock investing.
Types of investments
Primarily invests in common stocks and securities convertible into common stocks.
Distinguishing characteristics
A disciplined approach to investing that uses strict eligibility criteria to screen for companies with strong balance sheets, consistent dividends, and the ability to pay a dividend. The fund seeks to be fully invested.
Holdings outside the U.S.
May invest up to 10% of its assets in companies domiciled outside the United States.
Key facts
Fund inception
7/31/52
Fund assets (millions)
$217,306.7
As of 10/31/26 (updated monthly)
Shareholder accounts
39,279
As of 9/30/26 (updated monthly)
Issuers
191
As of 10/31/26 (updated monthly)
One-year turnover (%)5
32.0
Minimum initial investment
$0
mthDividendsPaid
Regular dividends paid 7
March, June, Sep., Dec.
Capital gains paid 7
June, Dec.
Fiscal year-end
April
Prospectus date
7/1/26
CUSIP
939330 81 7
Fund number
2601
Portfolio managers6
Years with Capital Group
Years of investment industry experience
Alan Berro, 35 years with Capital Group, 40 years of industry experience
35
40
Principal Investment Officer
Eric Stern, 34 years with Capital Group, 36 years of industry experience
34
36
Diana Wagner, 25 years with Capital Group, 31 years of industry experience
25
31
Jin Lee, 29 years with Capital Group, 30 years of industry experience
29
30
Emme Kozloff, 20 years with Capital Group, 27 years of industry experience
20
27
Mark Casey, 25 years with Capital Group, 25 years of industry experience
25
25
Irfan Furniturewala, 25 years with Capital Group, 25 years of industry experience
25
25
Aline Avzaradel, 21 years with Capital Group, 24 years of industry experience
21
24
Portfolio managers6
Years with Capital Group
Years of investment industry experience
Alan Berro, 35 years with Capital Group, 40 years of industry experience
35
40
Principal Investment Officer
Eric Stern, 34 years with Capital Group, 36 years of industry experience
34
36
Diana Wagner, 25 years with Capital Group, 31 years of industry experience
25
31
Jin Lee, 29 years with Capital Group, 30 years of industry experience
29
30
Emme Kozloff, 20 years with Capital Group, 27 years of industry experience
20
27
Mark Casey, 25 years with Capital Group, 25 years of industry experience
25
25
Irfan Furniturewala, 25 years with Capital Group, 25 years of industry experience
25
25
Aline Avzaradel, 21 years with Capital Group, 24 years of industry experience
21
24
A distinctive investment approach
The Capital System is designed to deliver superior investment results. Across asset classes, we believe in collaborative research to yield deeper insights, diverse perspectives from multiple portfolio managers and analysts, and a long-term view to decision-making.
Index data, and data calculated against an index, refers to the S&P 500 Index unless noted otherwise.
Prices & distributions
As of 11/10/26
Price at nav ($)
$69.42
Price change ($)
$0.21
Price change (%)
0.30
Prices distributions table
YTD dividends subtotal
$0.76
YTD cap gains subtotal
$2.60
YTD total distributions
$3.36
Find Historical Prices
Find Historical Distributions
Portfolio composition
assetMix
Asset class exposure
As of 10/31/26 (updated monthly, %)
Asset Mix
U.S. Equities
90.1
Non-U.S. Equities
5.3
U.S. Fixed Income
0.0
Non-U.S. Fixed Income
0.0
Cash and Equivalents10
3.3
Others and Convertibles11
1.3
U.S. Equities
90.1
Non-U.S. Equities
5.3
U.S Fixed Income
—
Non-U.S. Fixed Income
—
Cash and Equivalents
3.3
assetMixOthConv
Others and Convertibles11
1.3
Market capitalization4
As of 10/31/26 (updated monthly)
●
RWMGX
●
Index
RWMGX
Index
Highest quintile
$2,628,575.8 — $4,634,314.0
10.6%
24.8%
Second quintile
$875,845.8 — $2,073,388.9
13.6%
16.2%
Middle quintile
$251,051.2 — $776,285.8
24.0%
19.9%
Fourth quintile
$86,369.4 — $249,347.7
25.0%
19.7%
Lowest quintile
$2,580.6 — $85,978.1
23.5%
19.4%
RWMGX
$251,509.0
Index
$448,925.0
Index data refers to the S&P 500 Index.
Valuation12, 13
As of 10/31/26 (updated monthly)
Valuation
RWMGX
INDEX
Price/Booktooltip: The price‑to‑book (P/B) ratio is the market‑value‑weighted, harmonic average of the P/B ratios of the individual companies held in the portfolio. The P/B ratio of an individual company compares its market value to the value of its total assets, less total liabilities (book value), as reported. This metric reflects the valuation of the underlying companies held in the portfolio and is not a measure of the portfolio's own share price, NAV, or operating performance.
4.7
5.5
Price/Cash flowtooltip: The price‑to‑cash‑flow (P/CF) ratio is the market‑value‑weighted, harmonic average of the P/CF ratios of the individual companies held in the portfolio. This metric reflects how the market values the cash‑generating ability of the underlying companies held in the portfolio and is not a measure of the portfolio's own cash flow, share price, NAV, or operating performance.
17.4
18.4
Price/Earningstooltip: The price‑to‑earnings (P/E) ratio is the market‑value‑weighted, harmonic average of the P/E ratios of the individual companies held in the portfolio. This metric reflects the valuation of the underlying companies held in the portfolio and is not a measure of the portfolio's own earnings, share price, NAV, or operating performance.
Data represents the equity portion of the portfolio and the top holdings in each sector. The information shown may include affiliates of the same issuer when applicable.
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Investing for short periods makes losses more likely.
Prices and returns will vary, so investors may lose money.
View mutual fund expense ratios and returns.
View current mutual fund SEC yields.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses.
This and other important information is contained in the mutual fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
The Morningstar Medalist Rating is the summary expression of Morningstar's forward-looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral, and Negative. The Medalist Ratings indicate which investments Morningstar believes are likely to outperform their Morningstar Category average on a risk-adjusted basis over time. Investment products are evaluated on three fundamental pillars (People, Parent, and Process) and the Medalist Rating Price Score, which forms the basis for Morningstar's conviction in those products' investment merits and determines the Medalist Rating they are assigned. Pillar ratings take the form of Low (-2), Below Average (-1), Average (0), Above Average (+1), and High (+2). Pillars may be evaluated via an analyst's qualitative assessment (either directly to a vehicle the analyst covers or indirectly when the pillar ratings of a covered vehicle are mapped to a related uncovered vehicle) or using algorithmic techniques. The cost of an investment product is evaluated using the Medalist Rating Price Score, which is a continuous score running from negative 2.5 to positive 2.5 based on the percentile rank of a vehicle's expense ratio within its Morningstar Category. Morningstar combines the pillar scores and Medalist Rating Price Score using predetermined weights for actively and passively managed vehicles to calculate a weighted score. The weighted score is then compared to a set of fixed numeric thresholds employed consistently across Morningstar Categories and regions, with separate thresholds for actively and passively managed investments. Rating thresholds are reviewed at least annually. Buffers and ratings caps are employed to prevent frequent ratings changes. When analysts directly cover a vehicle, they assign the fundamental pillar ratings based on their qualitative assessment, subject to the oversight of the Analyst Rating Committee, and monitor and reevaluate them approximately once a year. When vehicles are covered either indirectly by analysts or by algorithm, the ratings are assigned monthly. For more detailed information about the Medalist Ratings, including their methodology, please visit Morningstar's website for more information. The Morningstar Medalist Ratings are not statements of fact, nor are they credit or risk ratings. The Morningstar Medalist Rating (i) should not be used as the sole basis in evaluating an investment product, (ii) involves unknown risks and uncertainties which may cause expectations not to occur or to differ significantly from what was expected, (iii) is not guaranteed to be based on complete or accurate assumptions or models when determined algorithmically, (iv) involves the risk that return targets will not be met due to unforeseen changes in management, technology, economic development, interest rate development, operating and/or material costs, competitive pressure, supervisory law, exchange rates, tax rates, or political and social conditions, and (v) should not be considered an offer or solicitation to buy or sell the investment product. A change in the fundamental factors underlying the Morningstar Medalist Rating may result in the rating no longer being accurate. Analysts do not have any other material conflicts of interest at the time of publication. Users wishing to obtain further information should contact their local Morningstar office.
Capital Group offers some funds in a range of share classes designed to meet the needs of retirement plan sponsors and participants. The different share classes incorporate varying levels of financial professional compensation and service provider payments.
Because Class R-6 shares do not include any recordkeeping payments, expenses are lower and results are higher. Other share classes that include recordkeeping costs have higher expenses and lower results than Class R-6.
There have been periods when the results lagged the index(es) and/or average(s).
The indexes are unmanaged and, therefore, have no expenses. Investors cannot invest directly in an index.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Portfolios are managed, so holdings will change.
Certain fixed income and/or cash and equivalents holdings may be held through mutual funds managed by the investment adviser or its affiliates that are not offered to the public.
Totals may not reconcile due to rounding and/or cash flows.
Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
Certain share classes were offered after the inception dates of some funds. Results for these shares prior to the dates of first sale are hypothetical based on the original share class results without a sales charge, adjusted for typical estimated expenses.
Class R-6 shares were first offered on 5/1/2009.
Results for certain funds with an inception date after the share class inception also include hypothetical returns because those funds' shares sold after the funds' date of first offering.
Refer to dates of first sale and specific expense adjustment information.
1.
YTD (year-to-date return): For the period from January 1 of the current year to the date shown or from inception date if first offered after January 1 of the current year.
2.
When applicable, returns for less than one year are not annualized, but calculated as cumulative total returns.
3.
Expense ratios are as of each fund's prospectus/characteristics statement, as applicable, available at the time of publication.
4.
Market capitalization data is provided by FactSet. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.
5.
Portfolio turnover is as of the most recent prospectus/characteristics statement, as applicable.
6.
Reflects current team at the time of publication. Years of experience in investment industry and Capital Group are as of the most recent year end.
7.
The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
8.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Past results are not a guarantee of results in future periods. The Morningstar Ratings are based on the share classes of each underlying fund held by the series; other underlying fund share classes may have different performance characteristics.
9.
The distribution rate reflects the fund's past dividends paid to shareholders and may differ from the fund's SEC yield which reflects the rate at which the fund is earning income on its current portfolio of securities. The distribution rate reflects fee waivers and/or expense reimbursements in effect during the period. Without waivers and/or reimbursements, it would be reduced.
10.
Includes cash, short-term securities, other assets less liabilities, and certain accruals. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
11.
May include forwards, options on forwards, warrants, and convertible securities.
12.
Calculated using FactSet, valuation metrics can produce extreme values due to small denominators. To consistently limit the influence of these extremes on aggregate statistics, the inverse interquartile method is used.
13.
For price-to-earnings ratios, negative values have been excluded.
14.
The Morningstar Ownership Zone™ provides detail about a portfolio's equity investment style by showing the range of stock sizes and styles. A portfolio's Ownership Zone™ is derived by plotting each stock in the fund's portfolio within the proprietary Morningstar Style Box™. The shaded area represents the center 75% of the fund's assets, and it provides an intuitive visual representation of the area of the market in which the fund invests. A "centroid" plot in the middle of the Ownership Zone represents the weighted average of all the fund's holdings. A fund that is concentrated will have a small ownership zone relative to the area of the style box, and broadly diversified fund will have an ownership zone that stretches across many sizes and style. Over a period of time, the shape and location of a fund's ownership zone may vary.
15.
Figures include convertible securities. The equity breakdown by revenue reflects the portfolio's publicly traded equity holdings and excludes cash (and fixed income securities, if applicable). Underlying revenue data were compiled by MSCI and account for disparities in the way companies report their revenues across geographic segments. MSCI breaks out each company's reported revenues into country-by-country estimates. MSCI provides revenue data figures based on a proprietary, standardized model. Revenue exposure at the portfolio and index level was calculated by using FactSet, which takes these company revenue exposures and multiplies by the company's weighting in the portfolio and index. In this breakdown, Israel has been included in Europe.
16.
Source for Morningstar expense ratio comparison: Morningstar, based on Morningstar Large Cap Retirement, Large median funds' most recent fiscal year-ends available as of the most recent quarter-end.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.