American Funds Investment Company of America® Class 529-A (CICAX)

American Funds Investment Company of America 529-A is a large blend mutual fund focused on long-term growth of capital and income. The fund primarily invests in U.S. common stocks, targeting established companies with a consistent record of dividend payments. As of May 2025, over 87% of the fund’s holdings are U.S. equities, with a small allocation to non-U.S. stocks and cash equivalents, and no significant bond exposure. The portfolio is diversified, with major allocations to information technology, industrials, healthcare, consumer discretionary, and communication services. Notable holdings include industry leaders such as Microsoft, Broadcom, Meta Platforms, Amazon, and Apple. The fund is structured as a 529-A share class, making it suitable for education-related investment accounts. With assets exceeding $156 billion and more than 190 holdings, it is one of the market’s substantial funds in its category. The fund pays regular quarterly dividends and has a competitive expense ratio, providing investors with both income and growth potential over the long term.