American Funds Fundamental Investors
Actively managed U.S. stock fund
The funds investment objective is to achieve long-term growth of capital and income.
The fund invests primarily in common stocks of companies selected for attractive valuation and long-term growth potential, most of which pay dividends, with significant exposure outside the United States. A system of multiple portfolio managers oversees separate segments of the portfolio. Securities are sold when they no longer appear attractively valued relative to opportunities available.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
AVGOBROADCOM INC | 6.05% | $10.96B | 29.0M | $377.75 |
4.05% | $7.34B | 6.4M | $1,154.29 | |
MSFTMICROSOFT CORP | 3.81% | $6.91B | 18.5M | $373.02 |
GOOGALPHABET INC | 3.72% | $6.74B | 19.1M | $353.33 |
3.63% | $6.58B | 36.3M | $180.91 | |
NVDANVIDIA CORP | 3.38% | $6.12B | 30.6M | $200.09 |
AMZNAMAZON.COM INC | 3.17% | $5.74B | 24.1M | $238.34 |
CMQXXCAPITAL GROUP CENTRAL CASH FUND | 2.55% | $4.62B | — | — |
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 2.55% | $4.62B | 60.2M | $76.79 |
BRITISH AMERICAN TOBACCO PLC | 2.15% | $3.90B | 63.3M | $61.68 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 241 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 97.22% |
| Cash & short-term | 2.55% |
By sector
- Information Technology
- 27.9%
- International
- 17.8%
- Industrials
- 9.0%
- Communication Services
- 8.6%
- 10 other sectors
- 36.8%
- Information Technology
- 27.9%
- International
- 17.8%
- Industrials
- 9.0%
- Communication Services
- 8.6%
- Consumer Discretionary
- 8.5%
- Financials
- 7.0%
- Health Care
- 5.8%
- Consumer Staples
- 5.1%
- Cash
- 2.6%
- Other
- 2.2%
- Real Estate
- 2.0%
- Utilities
- 1.6%
- Energy
- 1.3%
- Materials
- 0.7%
How it has done
ANCFX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.31%. Past returns are a record, not a forecast.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 21 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.57% | +38.15% | +93.42% | +92.03% | -8.14% | |
| 1.37% | +37.05% | +88.97% | +84.75% | -8.31% | |
| 1.37% | +37.05% | +88.94% | +84.71% | -8.32% | |
| 0.93% | +37.65% | +91.45% | +88.84% | -8.22% | |
| 0.63% | +38.04% | +93.19% | +91.71% | -8.13% | |
| 0.33% | +38.46% | +94.85% | +94.49% | -8.07% | |
| 1.33% | +37.09% | +89.07% | +84.91% | -8.31% | |
| 0.64% | +38.04% | +93.05% | +91.40% | -8.15% | |
| 0.61% | +38.11% | +93.20% | +91.68% | -8.13% | |
| 1.38% | +37.03% | +88.86% | +84.52% | -8.31% | |
| 0.85% | +37.78% | +91.86% | +89.44% | -8.20% | |
| 0.69% | +38.31% | +94.17% | +93.30% | -8.10% | |
| 0.38% | +38.39% | +94.56% | +93.98% | -8.09% | |
| 0.28% | +38.53% | +95.22% | +95.02% | -8.06% | |
| 1.08% | +37.45% | +90.60% | +87.43% | -8.25% | |
| 0.43% | +38.35% | +94.28% | +93.50% | -8.10% | |
| 0.28% | +38.52% | +95.21% | +95.01% | -8.06% | |
| 0.63% | +38.41% | +94.60% | +93.96% | -8.10% | |
| 0.58% | +38.49% | +94.94% | +94.54% | -8.08% | |
| 0.37% | +38.42% | +94.65% | +94.10% | -8.08% | |
| 0.33% | +38.46% | +94.89% | +94.49% | -8.07% |
These classes hold the same portfolio, so the 10.50pp spread over 5 years is the cost difference between them — roughly 2.10pp a year — not a difference in what they own.
Fees & fund details
American Funds Fundamental Investors is an actively managed U.S. equity fund.
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.28% – 1.38%· ANCFX 0.57%
- Portfolio turnover
- 26.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
26 new· the largest 7
24 exited· the largest 8
Understand how this fund fits with the rest.
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