American Funds Investment Company of America’s team changes and tweaks to its growth-and-income approach have yet to pay off, but parent Capital Group’s broader strengths are enough to keep the Morningstar Analyst Rating for its cheapest shares at Silver and the others at Bronze and Neutral, depending on fees.
Morningstar’s Fund Analysis AIVSX
Will AIVSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AIVSX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AIVSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AIVSX’s parent organization’s priorities and whether they’re in line with investors’ interests.