About RICAX
American Funds Investment Company of America Class R-1 is an open-end mutual fund designed to deliver long-term growth of capital and income for its investors. Managed by Capital Research and Management Company, the fund primarily invests in common stocks, focusing on medium to large-cap U.S. companies, many of which have established histories of paying dividends. While its portfolio is predominantly concentrated in U.S. equities, the fund diversifies globally by allocating up to 15% of assets to international stocks, including holdings in Canada, Europe, Japan, and emerging markets.
The fund appeals to a range of investors—from conservative individuals seeking protection from inflation to growth-oriented investors looking for a stable equity base within their portfolios. Its top holdings feature prominent names in technology, healthcare, consumer discretionary, and industrial sectors, such as Microsoft, Meta Platforms, and General Electric, highlighting its emphasis on industry leaders. With oversight from one of the industry's oldest research-driven management teams, the fund plays a significant role in large-cap core allocation strategies, aiming to balance growth potential with income through regular dividend distributions and broad sector exposure.
Fund Family Capital Group
Category Large Blend
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RICAX
Share Class Class R-1
Index S&P 500 TR
RICAX had a total return of 18.06% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.63%.
