The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe and other applicable measures of market results. This information provides some indication of the risks of investing in the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by calling the fund’s transfer agent at (800) 421-4996.
The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and, if applicable, other measures of market results that reflect the fund’s investment universe and other applicable measures of market results.
Highest/Lowest quarterly results during this period were:
Highest 18.27% (quarter ended June 30, 2020)
Lowest -14.57% (quarter ended March 31, 2020)
The fund's total return for the nine months ended September 30, 2025, was 14.96%.
| Average annual total returns For the periods ended December 31, 2024: | |||||||
| Inception date | 1 year | 5 years | 10 years | Lifetime | |||
| − Before taxes | 4/1/2011 | 20.99% | 12.32% | 11.97% | 11.77% | ||
| − After taxes on distributions | 18.38 | 10.75 | 10.42 | N/A | |||
| − After taxes on distributions and sale of fund shares | 14.08 | 9.52 | 9.45 | N/A | |||
| Indexes | 1 year | 5 years | 10 years | Lifetime |
| S&P 500 Index (reflects no deductions for account fees, expenses or U.S. federal income taxes) | 25.02% | 14.53% | 13.10% | 13.55% |
| The fund’s annualized 30-day yield at October 31, 2025: 0.69% (For current yield information, please call the fund’s transfer agent at (800) 421-4996.) | ||||
The fund was organized for the purpose of effecting the reorganization of Capital Group U.S. Equity Fund (the “predecessor fund”) into a new Delaware statutory trust. The fund acquired the assets and assumed the liabilities of the predecessor fund on November 8, 2019, and the predecessor fund is the accounting and performance survivor of the reorganization. This means that the predecessor fund’s performance and financial history have been adopted by the fund and will be used going forward from the date of reorganization. Except where the context indicates otherwise, all references herein to the “fund” include the predecessor fund prior to November 8, 2019. In connection with the reorganization, former shareholders of the predecessor fund received shares of the fund. The performance of the fund includes the performance of the predecessor fund prior to the reorganization. The inception date shown in the table for the fund is that of the predecessor fund.
After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-favored arrangement, such as a 401(k) plan or individual retirement account (IRA).