American Funds Invmt Co of Amer 529-F-3 (FAOOX)
| Fund Assets | 126.41B |
| Expense Ratio | 0.32% |
| Min. Investment | $250 |
| Turnover | n/a |
| Dividend (ttm) | 5.50 |
| Dividend Yield | 10.41% |
| Dividend Growth | 109.50% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 12, 2025 |
| Previous Close | 53.03 |
| YTD Return | -8.05% |
| 1-Year Return | 8.49% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 206 |
| Inception Date | Oct 30, 2020 |
About FAOOX
FAOOX was founded on 2020-10-30. The Fund's investment strategy focuses on Growth & Income. The minimum amount to invest in Investment Company of America; Class 529-F-3 Shares is $250 on a standard taxable account. Investment Company of America; Class 529-F-3 Shares seeks long-term growth of capital and income. FAOOX invests primarily in common stocks, most of which have a history of paying dividends. Although the Fund focuses on investments in medium to larger capitalization companies, its investments are not limited to a particular capitalization size.
Performance
FAOOX had a total return of 8.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.79%.
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 Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
| FEQDX | Fidelity | Fidelity Advisor Hedged Equity Fund - Class C | 1.55% |
Top 10 Holdings
34.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.41% |
| Meta Platforms, Inc. | META | 4.45% |
| Broadcom Inc. | AVGO | 4.39% |
| Amazon.com, Inc. | AMZN | 3.62% |
| Capital Group Central Cash Fund | n/a | 3.27% |
| UnitedHealth Group Incorporated | UNH | 2.96% |
| British American Tobacco p.l.c. | BATS | 2.74% |
| Eli Lilly and Company | LLY | 2.48% |
| NVIDIA Corporation | NVDA | 2.26% |
| General Electric Company | GE | 2.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 12, 2025 | $0.1894 | Mar 13, 2025 |
| Dec 17, 2024 | $4.7005 | Dec 18, 2024 |
| Sep 18, 2024 | $0.1889 | Sep 19, 2024 |
| Jun 12, 2024 | $0.4184 | Jun 13, 2024 |
| Mar 13, 2024 | $0.1874 | Mar 14, 2024 |
| Dec 13, 2023 | $2.068 | Dec 14, 2023 |