Investment objective & strategy
As of Feb. 27, 2026 · prospectusObjective. The investment objectives of the fund are: (1) conservation of capital, (2) current income and (3) long-term growth of capital and income.
Strategy. The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds (rated Baa3 or better or BBB- or better by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser or unrated but determined to be of equivalent quality by the funds investment adviser). The fund also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities outside the United States. Normally the fund will maintain at least 50% of the value of its assets in common … The fund uses a balanced approach to invest in a broad range of securities, including common stocks and investment-grade bonds (rated Baa3 or better or BBB- or better by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser or unrated but determined to be of equivalent quality by the funds investment adviser). The fund also invests in securities issued and guaranteed by the U.S. government and by federal agencies and instrumentalities. In addition, the fund may invest a portion of its assets in common stocks, most of which have a history of paying dividends, bonds and other securities outside the United States. Normally the fund will maintain at least 50% of the value of its assets in common stocks and at least 25% of the value of its assets in debt securities, including money market securities. Although the fund focuses on investments in medium to larger capitalization companies, the funds investments are not limited to a particular capitalization size. The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued securities that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | $17.87B | 6.77% |
| BROADCOM INC | — | $8.86B | 3.36% |
| CAPITAL GROUP CENTRAL CORPORATE BOND FUND CL M (CCBF CL M) | CCBFX | $7.37B | 2.79% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $6.14B | 2.33% |
| PHILIP MORRIS INTL INC | — | $5.89B | 2.23% |
| NVIDIA CORP | — | $5.27B | 2.00% |
| MICROSOFT CORP | — | $5.24B | 1.99% |
| ALPHABET INC CL A | — | $4.59B | 1.74% |
| ALPHABET INC CL C | — | $3.76B | 1.43% |
| LILLY ELI and CO | — | $3.51B | 1.33% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Asset Allocation Fund | 59% | 0.29% |
| American Funds Fundamental Investors · ANCFX, RFNAX, RFNBX, RFNCX, RFNEX, RFNFX, AFICX, AFIFX, CFNAX, CFNCX, CFNEX, CFNFX, FINFX, RFNGX, RFEBX, RFNHX, FUNFX, TIIIX, TFFFX, FFXFX, FEEFX | 45% | 0.28% |
| Washington Mutual Investors Fund | 43% | 0.25% |
Advisers
| Firm | Role |
|---|---|
| Capital Research and Management Company | Adviser |
Footnotes
- Expense ratio as of February 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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