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Detailed Fund Information

The Investment Company of America® (growth-and-income fund)

Class B shares

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Please note: American Funds no longer allows new investments in Class B and 529-B shares.

Daily Prices

Updated April 22, 2014, 3:13PM Pacific time

Net Asset Value (NAV) $37.47
NAV Change $0.21
Maximum Offering Price (MOP) $37.47

(All prices are subject to revision.)

Historical Prices & Distributions

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Ticker Symbols & Fund Numbers

Fund Number 204
Ticker/Quotron Symbol AICBX
CUSIP Number 461308 20 7

Fund Description

Fund Objective The fund's investment objectives are to achieve long-term growth of capital and income.
Distinguishing Characteristics One of the nation's oldest and largest mutual funds. It emphasizes investments in well-established blue chip companies, representing a wide cross section of the U.S. economy.
Types of Investments Principally invests in common stocks; may also hold securities convertible into common stocks, as well as bonds (generally rated Baa or BBB or better, or unrated, but determined by the fund’s investment adviser to be of equivalent quality), U.S. government securities, nonconvertible preferred stocks, and cash and equivalents.
Non-U.S. Holdings The fund may invest up to 15% of its assets, at time of purchase, in securities of issuers domiciled outside the United States

Fund Facts

Minimum Initial Investment $250
Shareholder Accounts (aggregated for all share classes; updated monthly) 3,217,162
Regular Dividends Paid March, June, September, December
Capital Gains Paid December
Fund Inception January 1, 1934
Fiscal Year-End December

The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.

Returns & Expenses

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 B shares reflect the deduction of a contingent deferred sales charge (up to 5%) on shares sold within the first six years of purchase. 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
March 31, 2014 (most recent month-end)
NAV 23.02% 12.96% 17.89% 6.57% 12.16%
With CDSC 18.02% 11.90% 17.69% 6.57% 12.16%
March 31, 2014 (most recent quarter-end)
NAV 23.02% 12.96% 17.89% 6.57% 12.16%
With CDSC 18.02% 11.90% 17.69% 6.57% 12.16%

Expense Ratios

The Investment Company of America 1.37%
Lipper Growth & Income Funds Average 1.78%

12-Month Distribution Rates

As of March 31, 2014 (updated monthly)

NAV 0.88%

Annualized 30-Day SEC Yield

As of March 31, 2014 (updated monthly)

At net asset value 0.91%


Largest Industry Holdings

% of net assets as of March 31, 2014 (updated quarterly)

Oil, gas & consumable fuels 8.7%
Biotechnology 7.4%
Semiconductors & semiconductor equipment 5.5%
Diversified telecommunication services 5.1%
Software 5.0%
Beverages & tobacco 4.7%
Pharmaceuticals 4.1%
Aerospace & defense 3.5%
Technology hardware, storage & peripherals 3.3%
Banks 2.6%

Portfolio Holdings

(updated quarterly, upon availability)

Asset Mix

as of March 31, 2014 (updated monthly)

U.S. Equities 82.0%
Non-U.S. Equities 11.2%
U.S. Bonds 0.1%
Non-U.S. Bonds 0.1%
Cash & Equivalents 6.6%

Assets and Portfolio Turnover (for fiscal years)

Fiscal Year Fund Assets (billions) Portfolio Turnover
2013 $69.9 24%
2012 $57.2 21%
2011 $54.8 28%
2010 $62.1 23%
2009 $61.7 28%

Assets shown are for combined share classes.

Largest Equity Holdings

Percent of net assets as of March 31, 2014 (updated monthly)



The world's largest biotechnology company.



Major broadband and telecommunication services provider.



Major supplier of database management software. Also develops business applications and provides consulting and support.


Gilead Sciences

Develops drugs to treat infectious diseases and cancer.


Philip Morris International

One of the world's largest international tobacco companies.


General Dynamics

This major defense contractor manufactures warships, submarines and information systems.



Research-based biopharmaceutical company.



One of the most frequently used website search engines in the world.



One of the world's largest tobacco companies. The group also owns a large interest in the global brewer SABMiller.


Texas Instruments

Global designer and producer of semiconductors.


Portfolio Managers

Number of years with American Funds or affiliates
Christopher D. Buchbinder 18
Barry S. Crosthwaite 18
Joyce E. Gordon 34
James B. Lovelace 32
Donald D. O'Neal 29
Eric S. Richter 15
C. Ross Sappenfield 22

(as of the prospectus dated March 1, 2014)

The portfolio managers shown are reflected in the fund’s most recent prospectus. C. Ross Sappenfield no longer manages money in the fund.

Important Legal Information

* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. Class B shares were first offered on March 15, 2000. Class B share results prior to the date of first sale are hypothetical based on Class A share results without a sales charge, adjusted for estimated additional annual expenses over the first eight years. Class B shares convert to Class A shares after eight years. View dates of first sale and specific expense adjustment information for Class B shares.

  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 back-end load funds, excluding funds of funds, for the most recent fiscal year-ends available as of March 31, 2014. The fund’s expense ratio is as of the fund’s 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.

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by American Funds Distributors® and sold through unaffiliated intermediaries.