# Investment Company of America (CICAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/cicax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Capital Group · Asset class: Equity - Strategy: Actively Managed · Inception: 1934-01-01 This investment vehicle primarily allocates its capital to equity securities, with a significant emphasis on businesses that have a consistent track record of distributing dividends. Up to 15% of its total assets, as measured at the point of acquisition, may be deployed in international markets. While the portfolio generally concentrates on companies with medium to large market capitalizations, its holdings are not strictly confined to any specific size category. ## Key Facts | Metric | Value | |---|---| | Price | $64.88 | | Expense Ratio | 0.59% | | AUM (All Share Classes) | $180.66B | | NAV | $64.88 (2026-11-06 close) | | Holdings Count | 129 | | Distribution Yield (TTM) | 9.57% | | Annual Distribution (TTM) | $6.21 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $57.46 – $70.73 | | Beta | 0.98 | ## Latest Distribution - Amount: $0.1485 /share - Ex-date: 2026-09-16 - Pay date: 2026-09-17 ## Frequently Asked Questions ### What does CICAX invest in? This investment vehicle primarily allocates its capital to equity securities, with a significant emphasis on businesses that have a consistent track record of distributing dividends. Up to 15% of its total assets, as measured at the point of acquisition, may be deployed in international markets. While the portfolio generally concentrates on companies with medium to large market capitalizations, its holdings are not strictly confined to any specific size category. ### What is the expense ratio of CICAX? Investment Company of America (CICAX) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is CICAX? Investment Company of America (CICAX) is one share class of a fund that manages $180.66B across all of its share classes (AICCX, AICFX, AIVSX, FFICX, RICAX, RICBX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is CICAX actively managed or an index fund? CICAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (CICAX's is 0.59%) in exchange for the discretion to over- or under-weight positions. ### When was CICAX launched? Investment Company of America (CICAX) launched in January 1934 and is managed by Capital Group. ### How has CICAX performed? CICAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does CICAX pay a dividend? Investment Company of America (CICAX) currently distributes little or no income. Trailing-twelve-month yield is 9.57%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does CICAX pay dividends? Investment Company of America pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is CICAX's dividend yield? CICAX's trailing-twelve-month yield is 9.57%, calculated from the sum of dividends over the past year divided by the current price. ### When is CICAX's next ex-dividend date? The most recently announced ex-dividend date for CICAX was 2026-09-16. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will CICAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.59% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does CICAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from CICAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does CICAX cost more than a fund like VOO? CICAX is actively managed (current expense ratio 0.59%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether CICAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to CICAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as CICAX (0.59%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/cicax - Distribution history: https://www.dividenddata.com/funds/cicax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/cicax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/cicax/expenses - Peer comparison: https://www.dividenddata.com/funds/cicax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.