The Investment Company of America®
Nine decades of consistency. Invests primarily in larger, well-established companies that represent a wide cross section of the U.S. economy. It seeks to provide long-term growth of capital and income, with a focus on future income over high current yield.
Overview
Key information
Key facts
Portfolio managers6








Portfolio managers6









Returns
Investment results1, 2
- ●FFICX at NAV
- ●Index
| Daily YTD | 1M | 3M | YTD | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y | Lifetime |
|---|
Long-term results
| Average rolling monthly return(%)tooltip: Average rolling return provides the average return for the portfolio across all periods within the specified timeframe. | 13.95 |
|---|---|
| Average rolling monthly index return(%)tooltip: Average rolling index return provides the average return for the index across all periods within the specified timeframe. | 12.76 |
| Average outpaced rolling monthly return(%)tooltip: Average outpaced rolling return is the average percentage the portfolio outpaced the index in periods where the portfolio return was greater than the index for the specified timeframe. | 5.17 |
| Average lagging rolling monthly return(%)tooltip: Average lagged rolling return is the average percentage the portfolio lagged the index in periods where the portfolio return was less than the index for the specified timeframe. | -3.55 |
| Average excess rolling monthly return(%)tooltip: Average excess rolling return is the average of the excess return between the portfolio and the index across all periods for the specified timeframe. | 1.19 |
Volatility & returns
- ●FFICX
- ▲Other CG funds
- ■S&P 500 Index
Risk measures
| Standard deviation (%) | |
| FFICX | 12.66 |
| Index | 12.31 |
| Sharpe ratio | |
| FFICX | 1.49 |
| Index | 1.53 |
| R-squared (%) | 94.83 |
| Alpha | 0.00 |
| Beta | 1.00 |
| Information ratio | 0.01 |
| Downside capture ratio (%) | 101 |
| Upside capture ratio (%) | 100 |
| Tracking error (%) | 2.88 |
| S&P 500 correlation | 0.97 |
| MSCI ACWI correlation | 0.96 |
Prices & distributions
- Price at nav ($)
- Price change ($)
- Price change (%)
| YTD dividends subtotal | $0.61 |
| YTD cap gains subtotal | $0.17 |
| YTD total distributions | $0.77 |
Yield
| 12-month distribution rate (at NAV)8 | 1.12 |
| 30-day SEC yield (gross/net) | 1.12 / 1.12 |
Portfolio composition
Asset class exposure
U.S. Equities | 86.9 |
|---|---|
Non-U.S. Equities | 8.7 |
U.S. Fixed Income | 0.0 |
Non-U.S. Fixed Income | 0.0 |
Cash and Equivalents10 | 3.6 |
Others and Convertibles11 | 0.8 |
U.S. Equities | 86.9 |
|---|---|
Non-U.S. Equities | 8.7 |
U.S Fixed Income | — |
Non-U.S. Fixed Income | — |
Cash and Equivalents | 3.6 |
Others and Convertibles11 | 0.8 |
Market capitalization
- ●FFICX
- ●Index
FFICX | Index | |
|---|---|---|
Highest quintile $2,096,632.1 — $4,634,314.0 | 22.1% | 24.8% |
Second quintile $861,133.9 — $2,073,388.9 | 22.2% | 16.2% |
Middle quintile $251,051.2 — $776,285.8 | 16.1% | 19.9% |
Fourth quintile $86,369.4 — $249,347.7 | 23.7% | 19.7% |
Lowest quintile $2,580.6 — $85,978.1 | 12.6% | 19.4% |
FFICX
$369,588.0
Index
$448,925.0
Valuation12, 13
| FFICX | 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. | 5.5 | 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. | 17.6 | 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. | 22.6 | 24.0 |
Morningstar Ownership Zone™14
Large Blend
Top equity holdings
| FFICX | Index | |
|---|---|---|
| Microsoft | 7.3% | 5.9% |
| NVIDIA | 7.1% | 7.6% |
| Amazon.com | 5.1% | 3.6% |
| Broadcom | 5.1% | 2.4% |
| Alphabet | 4.1% | 4.5% |
| Meta Platforms | 4.0% | 2.1% |
| Eli Lilly | 3.0% | 1.7% |
| Philip Morris International | 2.9% | 0.5% |
| Taiwan Semiconductor Manufacturing | 2.6% | — |
| British American Tobacco | 2.2% | — |
Portfolio exposures
| Sectors and top holdings | FFICX (percent) | INDEX (percent) | |
|---|---|---|---|
| Energy | 1.2 | 3.4 | |
| Materials | 2.4 | 1.7 | |
| Industrials | 10.0 | 8.0 | |
| Consumer discretionary | 10.4 | 8.6 | |
| Consumer staples | 5.7 | 4.4 | |
| Health care | 7.8 | 9.3 | |
| Financials | 6.3 | 11.4 | |
| Information technology | 36.8 | 39.7 | |
| Communication services | 12.8 | 9.9 | |
| Utilities | 2.0 | 1.9 | |
| Real estate | 0.9 | 1.7 |
The New Geography of Investing®15
| Region | FFICX (%) | Index (%) |
|---|---|---|
| United States | 90.9 | 100.0 |
| Canada | 1.0 | — |
| Europe & Middle East | 3.7 | — |
| Japan | 1.3 | — |
| Emerging markets ex. China | 3.1 | — |
| Region | FFICX (%) | Index (%) |
|---|---|---|
| United States | 55.2 | 58.9 |
| Canada | 2.0 | 1.5 |
| Europe & Middle East | 12.8 | 11.5 |
| Japan | 3.1 | 2.3 |
| Asia-Pacific ex. Japan | 2.4 | 2.0 |
| China | 8.0 | 8.4 |
| Emerging markets ex. China | 11.6 | 10.9 |
| Other | 4.9 | 4.6 |
| Region | FFICX (%) | Index (%) |
|---|---|---|
| United States | 86.9 | 100.0 |
| Canada | 1.0 | — |
| Europe & Middle East | 3.6 | — |
| Japan | 1.3 | — |
| Emerging markets ex. China | 2.9 | — |
| Cash & equivalents10 | 3.6 | — |
| Other and convertibles11 | 0.8 | — |
| Region | FFICX (%) | Index (%) |
|---|---|---|
| United States | 90.9 | 100.0 |
| Canada | 1.0 | — |
| Europe & Middle East | 3.7 | — |
| Japan | 1.3 | — |
| Emerging markets ex. China | 3.1 | — |
| Region | FFICX (%) | Index (%) |
|---|---|---|
| United States | 55.2 | 58.9 |
| Canada | 2.0 | 1.5 |
| Europe & Middle East | 12.8 | 11.5 |
| Japan | 3.1 | 2.3 |
| Asia-Pacific ex. Japan | 2.4 | 2.0 |
| China | 8.0 | 8.4 |
| Emerging markets ex. China | 11.6 | 10.9 |
| Other | 4.9 | 4.6 |
| Region | FFICX (%) | Index (%) |
|---|---|---|
| United States | 86.9 | 100.0 |
| Canada | 1.0 | — |
| Europe & Middle East | 3.6 | — |
| Japan | 1.3 | — |
| Emerging markets ex. China | 2.9 | — |
| Cash & equivalents10 | 3.6 | — |
| Other and convertibles11 | 0.8 | — |
Fees & expenses
Fees
Annual management fees | 0.23 |
|---|---|
Other expenses | 0.04 |
12b-1 | n/a |
Expense ratio
FFICX (gross/net)3 | 0.27/0.27 |
|---|---|
Morningstar Large Cap Institutional median16 As of 9/30/26 (updated quarterly) | 0.67 |
Resources
Timely thought leadership to guide your investment perspectives
EXPLORE INSIGHTSFind resources on topics ranging from plan design to participant education
EXPLORE RESOURCES- Class F-3 shares were first offered on 1/27/2017.