Veteran manager Barry Crosthwaite will transition off American Funds Investment Company of America on Sept. 1, 2021, ahead of retiring from American Funds’ parent Capital Group in early 2022. He worked in business for 14 years before transitioning to asset management and spent his entire 25-year investment career at Capital Group. Crosthwaite will also step away from his portfolio management duties on American Funds Growth Fund of America AGTHX and American Funds AMCAP AMCPX on Nov. 1, 2021, and Jan. 1, 2022, respectively.
American Funds Invmt Co of Amer A AIVSX
NAV / 1-Day Return
50.84
/
0.24
%
Total Assets
124.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.580%
Expense Ratio
0.580%
Fee Level
Low
Longest Manager Tenure
29.88
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
250
Status
Open
TTM Yield
1.13%
Turnover
39%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will AIVSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
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.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of AIVSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Upcoming Manager Retirement at American Funds Investment Company of America Does Not Change Ratings
