Detailed Fund Information
Fundamental InvestorsSM (growth-and-income fund)
Updated March 7, 2014, 3:16PM Pacific time
|Net Asset Value (NAV)||$52.73|
|Maximum Offering Price (MOP)||$55.95|
(All prices are subject to revision.)
Historical Prices & Distributions
Ticker Symbols & Fund Numbers
|CUSIP Number||360802 10 2|
|Fund Objective||The fund's investment objective is to achieve long-term growth of capital and income.|
|Distinguishing Characteristics||Using principles of fundamental analysis, the fund seeks undervalued and overlooked opportunities with the potential for long-term growth. Companies under consideration for the portfolio often have strong balance sheets, high-quality products and leading market share. The fund seeks to invest in companies that represent good value and possess above-average potential for growth in sales, earnings and dividends.|
|Types of Investments||The fund primarily invests in common stocks or securities convertible into common stocks, bonds, U.S. government securities and cash.|
|Non-U.S. Holdings||May invest up to 35% of its assets in securities of issuers that are domiciled outside the United States.|
|Portfolio Restrictions||The fund may invest up to 5% of assets in debt securities rated Ba and BB or below (or unrated, but determined by the fund’s investment adviser to be of equivalent quality).|
|Minimum Initial Investment||$250|
|Shareholder Accounts (aggregated for all share classes; updated monthly)||2,961,311|
|Regular Dividends Paid||March, June, September, December|
|Capital Gains Paid||March, December|
|Fund Inception||August 1, 1978|
The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Results shown at net asset value have all distributions reinvested. If a sales charge had been deducted, the results would have been lower. Share price and return will vary, so investors may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. Returns with sales charge for Class A shares reflect payment of the 5.75% maximum sales charge at the beginning of the stated periods. Definitions and other important legal information about these prices and returns are shown below.
Rates of Return*
|Average Annual Total Returns|
|1 yr||3 yrs||5 yrs||10 yrs||Fund Lifetime|
|February 28, 2014 (most recent month-end)|
|With sales charge||17.96%||10.52%||20.35%||8.16%||12.48%|
|December 31, 2013 (most recent quarter-end)|
|With sales charge||23.93%||12.51%||16.72%||8.45%||12.52%|
|Lipper Growth & Income Funds Average||1.14%|
12-Month Distribution Rates‡
As of January 31, 2014 (updated monthly)
|With sales charge||1.20%|
Annualized 30-Day SEC Yield‡
As of January 31, 2014 (updated monthly)
|With sales charge||1.25%|
Largest Industry Holdings
% of net assets as of December 31, 2013 (updated quarterly)
|Oil, gas & consumable fuels||7.9%|
|Aerospace & defense||5.8%|
|Diversified financial services||5.1%|
|Semiconductors & semiconductor equipment||4.8%|
|Internet & catalog retail||4.2%|
|Internet software & services||3.2%|
(updated quarterly, upon availability)
(as of December 31, 2013)
as of January 31, 2014 (updated monthly)
|Cash & Equivalents||4.7%|
Assets and Portfolio Turnover (for fiscal years)
|Fiscal Year||Fund Assets (billions)||Portfolio Turnover|
Assets shown are for combined share classes.
Largest Equity Holdings
Percent of net assets as of January 31, 2014 (updated monthly)
Major online retailer of books, CDs, DVDs, toys, apparel, home furnishings and other products.
A world leader in software and Internet technologies. Its products include the Windows operating system and Office software.
Provides media and television broadcasting services worldwide.
One of the most frequently used website search engines in the world.
Global manufacturer for the aerospace and defense industries.
The world's largest home improvement retailer.
Philip Morris International
One of the world's largest international tobacco companies.
Among the world's largest pharmaceutical companies, and a leader in cardiovascular medicine.
Operates the largest railroad in the U.S.; also delivers freight to Canada and Mexico.
One of the largest banks in the U.S.
|Number of years with American Funds or affiliates|
|Mark L. Casey||14|
|Brady L. Enright||17|
|Gregory D. Johnson||20|
|Michael T. Kerr||29|
|Ronald B. Morrow||17|
|Dina N. Perry||22|
(as of the prospectus dated March 1, 2014)
The portfolio managers shown are reflected in the fund’s most recent prospectus. James E. Drasdo is no longer managing money in the fund.
Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries.
* Investment results assume all distributions are reinvested and reflect applicable fees and expenses.
When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.
Source for Lipper expense ratio comparison: Lipper, based on front-end load funds, excluding funds of funds, for the most recent fiscal year-ends available as of December 31, 2013. The funds expense ratio is as of the funds prospectus. The expense ratios do not reflect sales charges.
The SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities, while the distribution rate reflects the fund's past dividends paid to shareholders. Accordingly, the fund's SEC yield and distribution rate may differ.