American Funds Growth and Income Portfolio Class R-3 (RAICX)
| Fund Assets | 19.45B |
| Expense Ratio | 0.99% |
| Min. Investment | $250 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 4.13% |
| Dividend Growth | 92.46% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 20.80 |
| YTD Return | 9.43% |
| 1-Year Return | 12.26% |
| 5-Year Return | 63.62% |
| 52-Week Low | 17.26 |
| 52-Week High | 20.86 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | May 18, 2012 |
About RAICX
American Funds Growth and Income Portfolio Class R-3 is a diversified mutual fund designed to deliver both long-term capital growth and current income. This fund operates as a "fund of funds," investing primarily in a carefully selected mix of other American Funds, each with a distinct investment style and sector exposure. Its portfolio typically blends holdings that pursue growth—such as large-cap equities—with assets targeting stable income, thereby offering an all-in-one solution for investors seeking balanced exposure within a single investment vehicle. The fund is managed by Capital Research and Management Company, which brings a strong tradition of research-driven, long-term management practices. With annual expense ratios that include underlying fund costs, the fund appeals to retirement plan participants and those who prefer a professionally managed, actively allocated core holding. Its diversified structure makes it suitable for investors aiming to participate in equity market appreciation while also cushioning volatility through income-producing assets, underscoring its role as a core holding within diversified, long-horizon portfolios.
Performance
RAICX had a total return of 12.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.24%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.56% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% Fund | 0.64% |
Top 10 Holdings
95.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Investment Company of America® Class R-6 | RICGX | 19.72% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 15.03% |
| American Funds Capital Income Builder® Class R-6 | RIRGX | 10.20% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 10.06% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 10.04% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 7.73% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 6.94% |
| American Funds Strategic Bond Fund Class R-6 | RANGX | 5.15% |
| American Funds The Bond Fund of America® Class R-6 | RBFGX | 5.12% |
| American Funds Multi-Sector Income R-6 | RMDUX | 5.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $0.067 | Jun 26, 2025 |
| Mar 26, 2025 | $0.0449 | Mar 27, 2025 |
| Dec 27, 2024 | $0.6943 | Dec 30, 2024 |
| Sep 25, 2024 | $0.0487 | Sep 26, 2024 |
| Jun 25, 2024 | $0.0699 | Jun 26, 2024 |
| Mar 25, 2024 | $0.0451 | Mar 26, 2024 |