Investment Fund

Share Class
Purchase Restrictions: Class R-2 shares are available in certain employer-sponsored retirement plans. See the prospectus for details.

Summary

Internal Prompt
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.
Price at NAV $57.87 as of 4/23/2025 (updated daily)
Fund Assets (millions) $186,587.3
Portfolio Managers
8
Expense Ratio
(Gross/Net %)
1.35 / 1.35%
Internal Prompt

Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities91.3%
Non-U.S. Equities6.0%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
2.7%
As of 3/31/2025 (updated monthly)

Growth of 10K

High & Low Prices

Market Capitalization

81.5%
Large
18.0%
Medium
0.5%
Small
$512,824.00 Million
Weighted Average


As of 12/31/2024 (updated quarterly). FactSet data as of 3/31/2025 (updated quarterly).

Morningstar Ownership ZoneTM

Large Blend
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 3/31/25 (updated quarterly)

Description

Fund Objective
The fund's investment objective is to produce income and to provide an opportunity for growth of principal consistent with sound common stock investing.
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.
Types of Investments
Primarily invests in common stocks and securities convertible into common stocks.
Holdings Outside the U.S.
May invest up to 10% of its assets in companies domiciled outside the United States.

Fund Facts

Fund Inception 7/31/1952
Fund Assets (millions)
As of 3/31/2025
$186,587.3
Companies/Issuers
Holdings are as of 3/31/2025 (updated monthly).
180+
Shareholder Accounts
Shareholder accounts are as of 3/31/2025
22,643
Regular Dividends Paid
Mar, Jun, Sep, Dec
Minimum Initial Investment $0
Capital Gains Paid
Jun, Dec
Portfolio Turnover (2024) 31%
Fiscal Year-End Apr
Prospectus Date 07/01/2024
CUSIP 939330 86 6
Fund Number 2201

Returns

Internal Prompt

Month-End Returns as of 3/31/25

Quarter-End Returns as of 3/31/25

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class R-2 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
RWMBX
S&P 500 Index
Other AF Funds
Standard Deviation as of 03/31/2025 (updated monthly) . Annualized return as of 03/31/2025 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 0.58% 0.70%
Fund at MOP N/A N/A
As of 3/31/2025 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.69 13.77 19.32
S&P 500 Index
4.30 15.70 21.80
Fund as of 3/31/25. Index as of 12/31/24.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Aline Avzaradel 3 20 23
Alan N. Berro 27 34 39
Mark L. Casey 9 24
Irfan M. Furniturewala 10 24
Emme Kozloff 9 19 26
Jin Lee 11 28 29
Eric H. Stern 11 33 35
Diana Wagner 11 24 30
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(1272)
3-yr. Morningstar RatingTM
(1272 funds rated)
5-yr. Morningstar RatingTM
(1169 funds rated)
10-yr. Morningstar RatingTM
(889 funds rated)
Overall Morningstar Risk Low
HIGH
LOW
Category Large Blend
Ratings are based on risk-adjusted returns as of 3/31/2025 (updated monthly).

Risk Measures

Fund
Standard Deviation
13.75
Sharpe Ratio
0.65
For the 10 Years ending 3/31/25 (updated monthly).
American Funds/
Morningstar Benchmark
S&P 500 TR USD
R-squared 93
Beta 0.86
Capture Ratio (Downside/Upside) 88/86
American Funds and Morningstar Benchmark for the 10 Years ending 3/31/25 (updated monthly).
Active Share
54.9%
As of 12/31/24 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 19.1%
Financials 18.5%
Health care 15.0%
Industrials 10.9%
Consumer staples 9.3%
Consumer discretionary 7.2%
Communication services 5.0%
Energy 3.9%
Utilities 3.3%
Materials 2.7%
Real estate 2.4%

% of net assets as of 3/31/2025 (updated monthly)

Top Equities

Broadcom
5.3%
Microsoft
5.1%
Philip Morris International
3.7%
UnitedHealth Group
2.7%
Marsh & McLennan
2.6%
Apple
2.5%
Eli Lilly
2.2%
JPMorgan Chase
1.6%
Alphabet
1.5%
Visa
1.5%

% of net assets as of 3/31/2025 (updated monthly)

The New Geography of Investing ®

Regions Fund
S&P 500 Index
United States 93.8% 100.0%
Canada 1.5% 0.0%
Europe 4.7% 0.0%
Japan 0.1% 0.0%

% of net assets as of 3/31/2025 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
S&P 500 Index
United States 91.3% 100.0%
Canada 1.4% 0.0%
Europe 4.5% 0.0%
Japan 0.1% 0.0%
Cash & Equivalents
2.7% --

% of net assets as of 3/31/2025 (updated monthly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 04/23/25

2025
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
03/12/25 03/12/25 03/13/25 $0.0832 $0.00 $0.00 $0.00 $59.67
2025 Year-to-Date: Dividends Subtotal: $0.0832 Cap Gains Subtotal: $0.00
Total Distributions: $0.0832

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.22%
Other Expenses 0.38%
Service 12b-1 0.75%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

RWMBX 1.35%
Lipper Growth & Income Funds Average
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).