Investment Fund

Share Class
Purchase Restrictions: Class R-5E shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

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 $23.28 as of 4/16/2024 (updated daily)
Fund Assets (millions) $119,929.5
Portfolio Managers
10
Expense Ratio
(Gross/Net %)
0.42 / 0.42%

Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities47.5%
Non-U.S. Equities22.4%
U.S. Bonds20.9%
Non-U.S. Bonds3.1%
Cash & Equivalents
6.1%
As of 3/31/2024 (updated monthly)

Growth of 10K

High & Low Prices

Market Capitalization

77.3%
Large
21.3%
Medium
1.4%
Small
$81,191.68 Million
Weighted Average


As of 12/31/2023 (updated quarterly). Morningstar data as of 12/31/2023 (updated quarterly).

Morningstar Ownership ZoneTM

Moderately Aggressive Allocation
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 12/31/23 (updated quarterly)

Fund Statistics

4.9 years
Effective Duration
6.4%
Average Yield
to Worst
5.2%
Average Coupon
% of net assets as of 3/31/2024 (updated monthly)

Morningstar Style BoxTM— Fixed-Income

Medium Quality
Moderate Interest-Rate Sensitivity
Morningstar data as of 12/31/23 (updated quarterly)

Description

Fund 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 2/29/2024
$119,929.5
Companies/Issuers
Holdings are as of 3/31/2024 (updated monthly).
1001+
Shareholder Accounts
Shareholder accounts are as of 3/31/2024
2,026
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $0
Capital Gains Paid
Dec
Portfolio Turnover (2023) 95%
Fiscal Year-End Jul
Prospectus Date 10/01/2023
CUSIP 453320 78 0
Fund Number 2706

Returns

Internal Prompt

Month-End Returns as of 3/31/24

Quarter-End Returns as of 3/31/24

Internal Prompt

Volatility & Return

Read important investment disclosures
For Class R-5E Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RIDHX
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
Other AF Funds
Standard Deviation as of 03/31/2024 (updated monthly) . Annualized return as of 03/31/2024 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 3.69% 3.71%
Fund at MOP N/A N/A
As of 3/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 2.36 9.01 14.08
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
3.80 13.90 19.90
Fund as of 12/31/23. Index as of 12/31/23.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Hilda L. Applbaum 26 29 40
Pramod Atluri 6 8 20
David A. Daigle 17 29
Dimitrije M. Mitrinovic 5 16 22
John R. Queen 3 22 34
Caroline Randall 3 18 26
Anirudh Samsi 8 19 23
Andrew B. Suzman 24 30
Justin Toner 5 22 31
Shannon Ward 6 7 31
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(302)
3-yr. Morningstar RatingTM
(302 funds rated)
5-yr. Morningstar RatingTM
(274 funds rated)
10-yr. Morningstar RatingTM
(225 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category Moderately Aggressive Allocation
Ratings are based on risk-adjusted returns as of 3/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
10.07
Sharpe Ratio
0.56
For the 10 Years ending 3/31/24 (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 86 91
Beta 0.89 0.97
Capture Ratio (Downside/Upside) 98/88 99/104
American Funds Benchmark for the 10 Years ending 3/31/24 (updated monthly).
Morningstar Benchmark for the 10 Years ending 3/31/24 (updated monthly).
U.S. Treasuries/Agencies
8.3%
AAA/Aaa
22.1%
AA/Aa
2.2%
A
11.0%
BBB/Baa
14.9%
BB/Ba
24.6%
B
11.8%
CCC & Below
3.8%
Unrated
1.3%
% of net assets as of 3/31/2024 (updated monthly)

Average Life Breakdown

0-4.9 Years
12.5%
5-9.9 Years
9.7%
10-19.9 Years
0.8%
20-29.9 Years
0.9%
30+ Years
0.1%
% of net assets as of 3/31/2024 (updated monthly)

Holdings

Equities Breakdown

Equity Fund Holdings
Financials 13.5%
Consumer staples 8.6%
Health care 7.8%
Information technology 7.4%
Energy 7.0%
Industrials 6.3%
Utilities 4.8%
Consumer discretionary 4.6%
Communication services 3.7%
Real estate 3.2%
Materials 3.0%

% of net assets as of 3/31/2024 (updated monthly)

Bonds Breakdown

Top Equities

Broadcom
2.9%
JPMorgan Chase
2.2%
Philip Morris International
2.2%
Gilead Sciences
2.0%
Microsoft
1.6%
BAE Systems
1.6%
Home Depot
1.5%
CVS
1.5%
EOG Resources
1.5%
Comcast
1.4%

% of net assets as of 3/31/2024 (updated monthly)

Geographic Breakdown

United States
68.4%
Europe
14.3%
Asia & Pacific Basin
3.5%
Other (Including Canada & Latin America)
7.8%
Cash & equivalents
6.1%
% of net assets as of 3/31/2024 (updated monthly)

The New Geography of Investing ®

Regions Fund
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 67.9% 100.0%
Canada 8.2% 0.0%
Europe 18.1% 0.0%
Japan 1.5% 0.0%
Asia-Pacific ex. Japan 0.5% 0.0%
Emerging Markets 3.8% 0.0%

% of net assets as of 3/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
65%/35% S&P 500 Index/Bloomberg U.S. Aggregate Index
United States 47.5% 100.0%
Canada 5.7% 0.0%
Europe 12.7% 0.0%
Japan 1.0% 0.0%
Asia-Pacific ex. Japan 0.3% 0.0%
Emerging Markets 2.7% 0.0%
Cash & Equivalents
6.1% --
Fixed Income 24.0% --

% of net assets as of 3/31/2024 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 04/16/24

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/11/24 03/11/24 03/12/24 $0.1796 $0.00 $0.00 $0.00 $23.84
2024 Year-to-Date: Dividends Subtotal: $0.1796 Cap Gains Subtotal: $0.00
Total Distributions: $0.1796

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.23%
Other Expenses 0.19%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RIDHX 0.42%
Lipper Growth & Income Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).

Resources

Prospectuses & Reports for RIDHX