American Funds Invmt Co of Amer 529C (CICCX)
| Fund Assets | 168.83B |
| Expense Ratio | 1.39% |
| Min. Investment | $250 |
| Turnover | 32.00% |
| Dividend (ttm) | 5.22 |
| Dividend Yield | 8.06% |
| Dividend Growth | 126.66% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 11, 2025 |
| Previous Close | 64.81 |
| YTD Return | 14.56% |
| 1-Year Return | 22.17% |
| 5-Year Return | 103.95% |
| 52-Week Low | 50.01 |
| 52-Week High | 65.48 |
| Beta (5Y) | n/a |
| Holdings | 217 |
| Inception Date | Feb 19, 2002 |
About CICCX
American Funds Investment Company of America 529-C is a diversified mutual fund designed to provide long-term growth of capital and income, with an emphasis on future income rather than high current yield. The fund primarily invests in common stocks, targeting companies that have a history of paying dividends. Its portfolio is heavily weighted toward U.S. equities, representing nearly 89% of assets, with additional exposure to non-U.S. equities and a minor allocation to cash and equivalents. There is no allocation to fixed income securities. With over 186 holdings as of late 2024, the fund spans major sectors such as information technology, industrials, communication services, health care, consumer discretionary, and financials. The fund is structured for education savings as part of a 529 plan, appealing to those seeking a balance of growth and income potential for future educational expenses. Notably, it has a long history dating back to its inception in 1934 and has a competitive management expense ratio for its class. Quarterly dividends are distributed, with additional capital gains paid semi-annually, reflecting its focus on steady income alongside capital appreciation.
Performance
CICCX had a total return of 22.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.49%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| FMGKX | Fidelity | Fidelity Magellan K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan | 0.47% |
| FEQDX | Fidelity | Fidelity Advisor Hedged Equity Fund C | 1.55% |
Top 10 Holdings
40.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.55% |
| Broadcom Inc. | AVGO | 6.07% |
| Meta Platforms, Inc. | META | 4.98% |
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 4.49% |
| Amazon.com, Inc. | AMZN | 3.80% |
| NVIDIA Corporation | NVDA | 3.69% |
| Royal Caribbean Cruises Ltd. | RCL | 2.78% |
| BRITISH AMERICAN TOBACCO PLC | BATS | 2.61% |
| Eli Lilly and Company | LLY | 2.52% |
| General Electric Company | GE | 2.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2025 | $0.6166 | Jun 12, 2025 |
| Mar 12, 2025 | $0.0397 | Mar 13, 2025 |
| Dec 17, 2024 | $4.530 | Dec 18, 2024 |
| Sep 18, 2024 | $0.0379 | Sep 19, 2024 |
| Jun 12, 2024 | $0.2728 | Jun 13, 2024 |
| Mar 13, 2024 | $0.0467 | Mar 14, 2024 |