Fund Evaluator:

American Funds Cptl Wld Gr&Inc F-3 Overview

American Funds Cptl Wld Gr&Inc F-3 (FWGIX) is an actively managed International Equity Global Large-Stock Blend fund. Capital Group launched the fund in 2017.

The investment seeks long-term growth of capital while providing current income. The fund invests primarily in common stocks of well-established companies located around the world, many of which have the potential to pay dividends. It invests, on a global basis, in common stocks that are denominated in U.S. dollars or other currencies. Under normal market circumstances the fund will invest a significant portion of its assets in a number of countries outside the United States, including in developing countries.

About American Funds Cptl Wld Gr&Inc F-3 (FWGIX)

There are 9 members of the management team with an average tenure of 9.56 years: Sung Lee (2006), Michael Cohen (2014), Nicholas Grace (2022), Alfonso Barroso (2007), Leo Hee (2019), Jin Lee (2019), Renaud Samyn (2020), Lara Pellini (2019), Michael Beckwith (2025). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. American Funds Cptl Wld Gr&Inc F-3 has 334 securities in its portfolio. The top 10 holdings constitute 26.7% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

American Funds Cptl Wld Gr&Inc F-3 is part of the Equity global asset class and is within the International Equity fund group. American Funds Cptl Wld Gr&Inc F-3 has 44.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 51.2%. There is 44.2% allocated to foreign stock, and 0.9% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.2% (0.0% domestic bond, 0.2% foreign bond and 0.0% convertible bond). American Funds Cptl Wld Gr&Inc F-3 has 3.3% of the portfolio in cash.

Assets Under Management

The fund has $9 billion in total assets, which is above the $1 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

FWGIX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The American Funds Cptl Wld Gr&Inc F-3 expense ratio is average compared to funds in the Global Large-Stock Blend category. American Funds Cptl Wld Gr&Inc F-3 has an expense ratio of 0.41%, which is 61% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. American Funds Cptl Wld Gr&Inc F-3 has a portfolio turnover rate of 44%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, American Funds Cptl Wld Gr&Inc F-3 returned -0.9%, which earned it a grade of D, as the Global Large-Stock Blend category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

American Funds Cptl Wld Gr&Inc F-3 has a trailing yield of 1.64%, which is above the 0.95% category average. The fund normally distributes its income quarterly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

American Funds Cptl Wld Gr&Inc F-3 Grades

Year to date, the fund has returned 14.2%, 4.5 percentage points better than the category, which translates into a grade of A. The fund has returned 26.5% over the past year (grade of A), 19.4% over the past three years (grade of A) and 11.4% per year over the past five years (grade of A) and 12.1% per year over the past 10 years (grade of B).

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