American Funds Fundamental Investors

American Funds Fundamental Investors · Series S000009227 · 21 share classes

Equity fund · 97% stocks
One fund, 21 share classes:ANCFXRFNAXRFNBXRFNCXRFNEXRFNFXAFICXAFIFXCFNAXCFNCXCFNEXCFNFXFINFXRFNGXRFEBXRFNHXFUNFXTIIIXTFFFXFFXFXFEEFX
$181.27B NAV
241 positions · as of 2026-06-30 · filed 2026-08-27
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q1

The funds investment objective is to achieve long-term growth of capital and income.

Strategy · summarised

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.

Expenses
0.28% 1.38%across 21 share classes
Share classExpense ratio
ANCFX0.57%
RFNAX1.37%
RFNBX1.37%
RFNCX0.93%
RFNEX0.63%
RFNFX0.33%
AFICX1.33%
AFIFX0.64%
CFNAX0.61%
CFNCX1.38%
CFNEX0.85%
CFNFX0.69%
FINFX0.38%
RFNGX0.28%
RFEBX1.08%
RFNHX0.43%
FUNFX0.28%
TIIIX0.63%
TFFFX0.58%
FFXFX0.37%
FEEFX0.33%

Portfolio turnover 26.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.77%
of net assets
Stocks97.22%
Cash & short-term2.55%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 26 new24 exited

Largest new: ANTHROPIC PBC, ALPHABET INC ×2, SEAGATE TECHNOLOGY HOLDINGS PLC, GPC, STRATEGY INC, ILMN, COHR

Largest exited: CPNG, NORWEGIAN CRUISE LINE HOLDINGS LTD, The BOEING CO, CZR, USFD, SSE PLC, CHTR, CMCSA

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+38.15%+93.42%+92.03%16.31%-8.14%
+37.05%+88.97%+84.75%16.30%-8.31%
+37.05%+88.94%+84.71%16.31%-8.32%
+37.65%+91.45%+88.84%16.30%-8.22%
+38.04%+93.19%+91.71%16.31%-8.13%
+38.46%+94.85%+94.49%16.32%-8.07%
+37.09%+89.07%+84.91%16.30%-8.31%
+38.04%+93.05%+91.40%16.31%-8.15%
+38.11%+93.20%+91.68%16.31%-8.13%
+37.03%+88.86%+84.52%16.28%-8.31%
+37.78%+91.86%+89.44%16.30%-8.20%
+38.31%+94.17%+93.30%16.32%-8.10%
+38.39%+94.56%+93.98%16.31%-8.09%
+38.53%+95.22%+95.02%16.31%-8.06%
+37.45%+90.60%+87.43%16.31%-8.25%
+38.35%+94.28%+93.50%16.31%-8.10%
+38.52%+95.21%+95.01%16.30%-8.06%
+38.41%+94.60%+93.96%16.31%-8.10%
+38.49%+94.94%+94.54%16.30%-8.08%
+38.42%+94.65%+94.10%16.31%-8.08%
+38.46%+94.89%+94.49%16.31%-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.

Cumulative return· Jul 2023 – Apr 2026

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.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
BROADCOM INCAVGO6.05%$10.96B
MICRON TECHNOLOGY INCMU4.05%$7.34B
MICROSOFT CORPMSFT3.81%$6.91B
ALPHABET INCGOOG3.72%$6.74B
PHILIP MORRIS INTERNATIONAL INCPM3.63%$6.58B
NVIDIA CORPNVDA3.38%$6.12B
AMAZON.COM INCAMZN3.17%$5.74B
CAPITAL GROUP CENTRAL CASH FUNDCMQXX2.55%$4.62B
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD2.55%$4.62B
BRITISH AMERICAN TOBACCO PLC2.15%$3.90B
Showing 10 of 241Sign in to see more

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.

Top 10 positions are 35.05% of net assets, top 25 57.24%, across 231 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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