-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KxvIqFPwuo96MRxfixlM1i9cVMUk/RxDuT0bMP9xijvrbabxpSyj/70uZGC0CUpM fjMzUv1SHc3maZ+h1RVMUg== 0000051931-09-000469.txt : 20090529 0000051931-09-000469.hdr.sgml : 20090529 20090529134843 ACCESSION NUMBER: 0000051931-09-000469 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090331 FILED AS OF DATE: 20090529 DATE AS OF CHANGE: 20090529 EFFECTIVENESS DATE: 20090529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FUNDAMENTAL INVESTORS INC CENTRAL INDEX KEY: 0000039473 IRS NUMBER: 221557722 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-00032 FILM NUMBER: 09860582 BUSINESS ADDRESS: STREET 1: ONE MARKET - STEUART TOWER STREET 2: SUITE 1800 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-421-9360 MAIL ADDRESS: STREET 1: P.O. BOX 7650 (MICG) CITY: SAN FRANCISCO STATE: CA ZIP: 94120 0000039473 S000009227 FUNDAMENTAL INVESTORS INC C000025050 Class A ANCFX C000025051 Class R-1 RFNAX C000025052 Class R-2 RFNBX C000025053 Class R-3 RFNCX C000025054 Class R-4 RFNEX C000025055 Class R-5 RFNFX C000025056 Class B AFIBX C000025057 Class C AFICX C000025058 Class F-1 AFIFX C000025059 Class 529-A CFNAX C000025060 Class 529-B CFNBX C000025061 Class 529-C CFNCX C000025062 Class 529-E CFNEX C000025063 Class 529-F-1 CFNFX C000068558 Class F-2 FINFX N-Q 1 fi_nq.htm N-Q Unassociated Document
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM N-Q
Quarterly Schedule of Portfolio Holdings of
Registered Management Investment Company

Investment Company Act File Number: 811-00032



Fundamental Investors, Inc.
(Exact Name of Registrant as Specified in Charter)

P.O. Box 7650, One Market, Steuart Tower,
San Francisco, California 94120
(Address of Principal Executive Offices)




Registrant's telephone number, including area code:  (415) 421-9360

Date of fiscal year end: December 31

Date of reporting period: March 31, 2009





Patrick F. Quan
Capital Research and Management Company
P.O. Box 7650, One Market, Steuart Tower
San Francisco, California 94120
(Name and Address of Agent for Service)


Copies to:
Michael Glazer
Paul, Hastings, Janofsky & Walker LLP
515 South Flower Street, 25th Floor
Los Angeles, California 90071
(Counsel for the Registrant)

 
 

 

ITEM 1 – Schedule of Investments
 
[logo – American Funds®]


Fundamental InvestorsSM
Investment portfolio

March 31, 2009
unaudited
 
Common stocks — 90.76%
 
Shares
   
Value
(000)
 
             
INFORMATION TECHNOLOGY — 18.22%
           
Oracle Corp.1
    38,391,979     $ 693,743  
Microsoft Corp.
    33,295,000       611,629  
Cisco Systems, Inc.1
    33,910,000       568,671  
Google Inc., Class A1
    1,225,000       426,373  
Yahoo! Inc.1
    33,160,000       424,780  
Apple Inc.1
    3,135,000       329,551  
Intuit Inc.1
    10,075,000       272,025  
SAP AG (ADR)
    7,000,000       247,030  
Corning Inc.
    17,220,000       228,509  
EMC Corp.1
    18,245,000       207,993  
Applied Materials, Inc.
    14,600,000       156,950  
Fidelity National Information Services, Inc.
    7,615,000       138,593  
Visa Inc., Class A
    2,100,000       116,760  
Lender Processing Services, Inc.
    3,807,500       116,548  
Xilinx, Inc.
    6,000,000       114,960  
Kyocera Corp.2
    1,625,000       108,731  
Microchip Technology Inc.
    5,100,000       108,069  
Paychex, Inc.
    3,900,000       100,113  
Red Hat, Inc.1
    5,401,536       96,363  
Intel Corp.
    6,000,000       90,300  
QUALCOMM Inc.
    2,200,000       85,602  
Linear Technology Corp.
    2,700,000       62,046  
Texas Instruments Inc.
    3,500,000       57,785  
Taiwan Semiconductor Manufacturing Co. Ltd.2
    36,420,000       55,477  
ASML Holding NV2
    2,609,568       46,127  
Comverse Technology, Inc.1
    7,684,470       44,109  
KLA-Tencor Corp.
    1,674,500       33,490  
Autodesk, Inc.1
    1,500,000       25,215  
HTC Corp.2
    1,522,800       18,859  
Trimble Navigation Ltd.1
    1,000,000       15,280  
Tyco Electronics Ltd.
    1,125,000       12,420  
Murata Manufacturing Co., Ltd.2
    300,000       11,603  
Metavante Technologies, Inc.1
    496,666       9,913  
              5,635,617  
                 
ENERGY — 12.62%
               
Suncor Energy Inc.
    36,866,206       821,780  
Occidental Petroleum Corp.
    7,304,244       406,481  
FMC Technologies, Inc.1,3
    6,522,400       204,608  
Chevron Corp.
    3,042,763       204,595  
Murphy Oil Corp.
    4,343,636       194,465  
EnCana Corp.
    4,300,000       175,760  
Tenaris SA (ADR)
    8,610,000       173,664  
CONSOL Energy Inc.4
    6,700,000       169,108  
Hess Corp.
    3,000,000       162,600  
Royal Dutch Shell PLC, Class A (ADR)
    3,500,000       155,050  
Diamond Offshore Drilling, Inc.
    2,150,000       135,149  
Petróleo Brasileiro SA – Petrobras, ordinary nominative (ADR)
    4,350,000       132,544  
Petro-Canada
    4,890,000       131,198  
Imperial Oil Ltd.
    3,608,739       130,925  
Schlumberger Ltd.
    2,700,000       109,674  
Baker Hughes Inc.
    3,500,000       99,925  
OAO LUKOIL (ADR)2
    2,000,000       75,133  
Smith International, Inc.
    2,985,000       64,118  
Halliburton Co.
    4,060,000       62,808  
Acergy SA2
    9,520,000       59,603  
Transocean Ltd.1
    793,200       46,672  
Devon Energy Corp.
    1,000,000       44,690  
Exxon Mobil Corp.
    500,000       34,050  
OAO TMK (GDR)2
    5,685,000       27,172  
Marathon Oil Corp.
    710,000       18,666  
Saipem SpA, Class S2
    1,000,000       17,816  
TOTAL SA2
    300,000       14,857  
Cameco Corp.
    846,300       14,447  
Quicksilver Resources Inc.1
    2,592,200       14,361  
              3,901,919  
                 
HEALTH CARE — 11.32%
               
Merck & Co., Inc.
    20,940,800       560,166  
Roche Holding AG2
    3,820,000       523,591  
Eli Lilly and Co.
    13,285,000       443,852  
C. R. Bard, Inc.
    2,650,000       211,258  
Wyeth
    4,000,000       172,160  
Hologic, Inc.1
    12,730,000       166,636  
Schering-Plough Corp.
    6,102,800       143,721  
Shire Ltd. (ADR)
    3,500,000       125,790  
Novartis AG2
    3,200,000       120,579  
Johnson & Johnson
    2,000,000       105,200  
Amgen Inc.1
    2,058,000       101,912  
Abbott Laboratories
    1,800,000       85,860  
Bayer AG, non-registered shares2
    1,725,000       82,520  
Baxter International Inc.
    1,475,000       75,550  
UnitedHealth Group Inc.
    3,500,000       73,255  
St. Jude Medical, Inc.1
    1,900,000       69,027  
Intuitive Surgical, Inc.1
    700,000       66,752  
Novo Nordisk A/S, Class B2
    1,329,000       63,690  
Stryker Corp.
    1,800,000       61,272  
Aetna Inc.
    2,310,000       56,202  
Boston Scientific Corp.1
    6,860,000       54,537  
Hospira, Inc.1
    1,700,000       52,462  
Medtronic, Inc.
    1,625,000       47,889  
Medco Health Solutions, Inc.1
    926,000       38,281  
              3,502,162  
                 
INDUSTRIALS — 10.04%
               
Deere & Co.
    10,600,000       348,422  
Schneider Electric SA2
    4,110,075       272,493  
Union Pacific Corp.
    6,100,000       250,771  
Emerson Electric Co.
    8,400,000       240,072  
Boeing Co.
    5,500,000       195,690  
Northrop Grumman Corp.
    4,366,243       190,543  
United Parcel Service, Inc., Class B
    3,300,000       162,426  
Parker Hannifin Corp.
    4,200,000       142,716  
Waste Management, Inc.
    5,100,000       130,560  
Tyco International Ltd.
    6,615,000       129,389  
Caterpillar Inc.
    4,450,000       124,422  
Fastenal Co.
    3,100,500       99,697  
European Aeronautic Defence and Space Co. EADS NV2
    7,500,000       87,134  
Lockheed Martin Corp.
    1,248,200       86,163  
Precision Castparts Corp.
    1,300,000       77,870  
United Technologies Corp.
    1,750,000       75,215  
Finmeccanica SpA2
    6,000,000       74,543  
Raytheon Co.
    1,732,732       67,473  
General Electric Co.
    6,650,000       67,231  
KBR, Inc.
    3,950,000       54,549  
Joy Global Inc.
    2,238,638       47,683  
General Dynamics Corp.
    1,145,800       47,654  
Republic Services, Inc.
    2,500,000       42,875  
Grafton Group PLC, units2,3
    14,962,000       33,677  
Corporate Executive Board Co.3
    2,304,200       33,411  
Kingspan Group PLC2
    3,500,000       12,778  
Deutsche Post AG2
    997,500       10,725  
              3,106,182  
                 
MATERIALS — 7.88%
               
Syngenta AG2
    2,025,400       406,501  
Rio Tinto PLC2
    9,166,709       306,483  
Potash Corp. of Saskatchewan Inc.
    2,509,100       202,761  
Monsanto Co.
    2,100,000       174,510  
Freeport-McMoRan Copper & Gold Inc.
    4,500,000       171,495  
BHP Billiton Ltd.2
    6,400,000       142,597  
E.I. du Pont de Nemours and Co.
    6,000,000       133,980  
Praxair, Inc.
    1,725,000       116,075  
Newmont Mining Corp.
    2,500,000       111,900  
Sigma-Aldrich Corp.
    2,650,000       100,144  
Weyerhaeuser Co.
    3,583,000       98,783  
CRH PLC2
    4,443,804       95,444  
Cia. Vale do Rio Doce, ordinary nominative (ADR)
    7,000,000       93,100  
Ecolab Inc.
    2,100,000       72,933  
Alcoa Inc.
    6,000,000       44,040  
Mosaic Co.
    1,000,000       41,980  
Cliffs Natural Resources Inc.
    2,000,000       36,320  
Grupo México, SAB de CV, Series B
    37,247,815       27,418  
Norsk Hydro ASA2
    6,500,000       24,667  
United States Steel Corp.
    1,000,000       21,130  
Buzzi Unicem SpA, nonconvertible shares2
    2,640,000       16,089  
              2,438,350  
                 
FINANCIALS — 7.45%
               
JPMorgan Chase & Co.
    20,780,000       552,332  
U.S. Bancorp
    21,452,000       313,414  
Berkshire Hathaway Inc., Class A1
    2,945       255,331  
Wells Fargo & Co.
    15,670,000       223,141  
ACE Ltd.
    3,800,000       153,520  
SunTrust Banks, Inc.
    8,000,000       93,920  
Bank of America Corp.
    13,000,000       88,660  
AMP Ltd.2
    25,000,412       81,900  
Cincinnati Financial Corp.
    3,000,000       68,610  
Industrial and Commercial Bank of China Ltd., Class H2
    123,085,000       64,030  
Travelers Companies, Inc.
    1,500,000       60,960  
Marsh & McLennan Companies, Inc.
    2,795,000       56,599  
People’s United Financial, Inc.
    2,000,000       35,940  
Citigroup Inc.
    14,000,000       35,420  
T. Rowe Price Group, Inc.
    1,200,000       34,632  
AXA SA2
    2,845,500       34,501  
M&T Bank Corp.
    624,469       28,251  
Bank of New York Mellon Corp.
    1,000,000       28,250  
Capital One Financial Corp.
    2,000,000       24,480  
Marshall & Ilsley Corp.
    3,189,998       17,960  
American Express Co.
    1,100,000       14,993  
Irish Life & Permanent PLC2
    9,000,000       13,203  
Bank of Ireland2
    15,863,513       10,758  
CapitalSource Inc.
    5,500,954       6,711  
Allied Irish Banks, PLC2
    8,200,000       6,444  
              2,303,960  
                 
CONSUMER DISCRETIONARY — 6.47%
               
McDonald’s Corp.
    8,906,400       486,022  
Lowe’s Companies, Inc.
    16,710,000       304,957  
Home Depot, Inc.
    10,000,000       235,600  
Starbucks Corp.1
    12,000,000       133,320  
Toyota Motor Corp.2
    4,000,000       128,337  
Time Warner Inc.
    5,833,334       112,583  
Johnson Controls, Inc.
    7,500,000       90,000  
Amazon.com, Inc.1
    1,100,000       80,784  
Macy’s, Inc.
    6,500,000       57,850  
Bed Bath & Beyond Inc.1
    2,000,000       49,500  
Nikon Corp.2
    3,977,000       45,488  
Virgin Media Inc.1
    9,000,000       43,200  
Penn National Gaming, Inc.1
    1,763,000       42,576  
Strayer Education, Inc.
    225,000       40,471  
Apollo Group, Inc., Class A1
    500,000       39,165  
Chipotle Mexican Grill, Inc., Class A1
    238,832       15,854  
Chipotle Mexican Grill, Inc., Class B1
    208,000       11,920  
News Corp., Class A
    3,650,000       24,163  
Weight Watchers International, Inc.
    1,070,000       19,848  
Starwood Hotels & Resorts Worldwide, Inc.
    1,411,617       17,928  
Magna International Inc., Class A
    474,300       12,688  
Liberty Media Corp., Liberty Interactive, Series A1
    2,717,244       7,880  
              2,000,134  
                 
CONSUMER STAPLES — 5.34%
               
Wal-Mart Stores, Inc.
    8,100,000       422,010  
Philip Morris International Inc.
    8,224,800       292,638  
Altria Group, Inc.
    14,175,100       227,085  
Procter & Gamble Co.
    3,855,000       181,532  
Coca-Cola Co.
    3,850,000       169,208  
Avon Products, Inc.
    6,880,000       132,302  
Kraft Foods Inc., Class A
    3,500,000       78,015  
Diageo PLC2
    6,700,000       75,540  
Unilever NV, depository receipts2
    2,995,000       59,124  
C&C Group PLC2
    8,655,047       14,925  
              1,652,379  
                 
UTILITIES — 3.48%
               
American Water Works Co., Inc.
    7,785,000       149,783  
Exelon Corp.
    3,295,000       149,560  
Questar Corp.
    5,000,000       147,150  
GDF Suez2
    3,809,089       130,778  
PPL Corp.
    4,500,000       129,195  
Edison International
    4,250,000       122,443  
Electricité de France SA2
    1,734,000       68,001  
Duke Energy Corp.
    4,500,000       64,440  
FPL Group, Inc.
    1,050,000       53,266  
SUEZ Environnement Co.1,2
    2,500,000       36,724  
E.ON AG2
    500,000       13,898  
Entergy Corp.
    150,000       10,213  
              1,075,451  
                 
TELECOMMUNICATION SERVICES — 2.96%
               
AT&T Inc.
    13,050,000       328,860  
Verizon Communications Inc.
    10,000,000       302,000  
KDDI Corp.2
    20,000       94,409  
Vodafone Group PLC2
    44,500,000       77,625  
SOFTBANK CORP.2
    4,700,000       60,049  
Qwest Communications International Inc.
    10,500,000       35,910  
Telefónica, SA2
    525,000       10,470  
Sprint Nextel Corp., Series 11
    2,000,000       7,140  
              916,463  
                 
MISCELLANEOUS — 4.98%
               
Other common stocks in initial period of acquisition
            1,541,162  
                 
                 
Total common stocks (cost: $35,129,209,000)
            28,073,779  
                 
                 
                 
   
Principal amount
         
Bonds & notes — 0.28%
    (000 )        
                 
INDUSTRIALS — 0.17%
               
Burlington Northern Santa Fe Corp. 7.00% 2014
  $ 48,570       52,031  
                 
                 
MORTGAGE-BACKED OBLIGATIONS5 — 0.11%
               
Citigroup Mortgage Loan Trust, Inc., Series 2007-9, Class 2-A-1, 6.50% 2037
    25,886       17,312  
Countrywide Alternative Loan Trust, Series 2007-7T2, Class A-27, 6.00% 2037
    17,416       9,866  
ChaseFlex Trust, Series 2007-2, Class A-1, 0.802% 20376
    17,241       8,535  
              35,713  
                 
Total bonds & notes (cost: $82,597,000)
            87,744  
                 
                 
                 
Short-term securities — 9.07%
               
                 
Freddie Mac 0.25%–2.20% due 4/13/2009–2/4/2010
    911,400       910,412  
U.S. Treasury Bills 0.29%–0.67% due 5/28–11/19/2009
    401,080       400,665  
Federal Home Loan Bank 0.26%–0.90% due 4/8–10/13/2009
    392,400       391,957  
Fannie Mae 0.10%-1.07% due 4/1–7/29/2009
    381,500       381,203  
Coca-Cola Co. 0.35%–0.55% due 5/4–7/24/20097
    125,400       125,281  
Bank of America Corp., FDIC insured, 0.40% due 4/20/2009
    91,300       91,273  
Chevron Corp. 0.42%–0.44% due 4/24–5/21/2009
    90,800       90,757  
Procter & Gamble International Funding S.C.A. 0.40%–0.45% due 4/13–6/15/20097
    70,800       70,758  
Walt Disney Co. 0.40% due 4/6/2009
    50,000       49,995  
International Bank for Reconstruction and Development 0.25% due 4/15–5/18/2009
    48,100       48,082  
Emerson Electric Co. 0.30% due 5/12/20097
    46,900       46,884  
Eli Lilly and Co. 0.50% due 7/8/20097
    36,000       35,972  
General Electric Capital Corp., FDIC insured, 0.55% due 6/15/2009
    30,000       29,983  
NetJets Inc. 0.27% due 5/1/20097
    29,400       29,393  
United Parcel Service Inc. 0.04% due 4/1/20097
    28,500       28,500  
Medtronic Inc. 0.30% due 4/6/20097
    25,000       24,996  
Honeywell International Inc. 0.30% due 4/23/20097
    17,800       17,793  
Hewlett-Packard Co. 0.35% due 4/3/20097
    16,300       16,300  
Estée Lauder Companies Inc. 0.30% due 4/14/20097
    15,100       15,098  
                 
                 
Total short-term securities (cost: $2,804,493,000)
            2,805,302  
                 
Total investment securities (cost: $38,016,299,000)
            30,966,825  
Other assets less liabilities
            (33,400 )
                 
Net assets
          $ 30,933,425  

“Miscellaneous” securities include holdings in their initial period of acquisition that have not previously been publicly disclosed.

1Security did not produce income during the last 12 months.
2Valued under fair value procedures adopted by authority of the board of directors. The total value of all such securities, including those in "Miscellaneous," was $4,017,391,000, which represented 12.99% of the net assets of the fund. 
3The fund owns 5% or more of the outstanding voting shares of this company. See the table below for additional information.
4Purchased in a transaction exempt from registration under the Securities Act of 1933. This security (acquired 10/2/2003 at a cost of $61,372,000) may be subject to legal or contractual restrictions on resale. 
5Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date.
6Coupon rate may change periodically.
7Purchased in a transaction exempt from registration under the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $410,975,000, which represented 1.33% of the net assets of the fund.


Key to abbreviations

ADR = American Depositary Receipts
GDR = Global Depositary Receipts


Investments in affiliates

A company is considered to be an affiliate of the fund under the Investment Company Act of 1940 if the fund’s holdings in that company represent 5% or more of the outstanding voting shares of that company. Further details on these holdings and related transactions during the three months ended March 31, 2009, appear below.
 
   
Beginning shares
   
Additions
   
Reductions
   
Ending shares
   
Dividend
 income
 (000)
   
Value
of affiliates
 at 3/31/09
 (000)
 
                                     
FMC Technologies, Inc.*
    6,200,000       322,400             6,522,400     $     $ 204,608  
Grafton Group PLC, units
    14,650,000       312,000             14,962,000       949       33,677  
Corporate Executive Board Co.
    2,304,200                   2,304,200       1,014       33,411  
                                    $ 1,963     $ 271,696  
*This security was an unaffiliated issuer in its initial period of acquisition at 12/31/2008; it was not publicly disclosed.
         
 


Disclosure of fair value measurements

The fund classifies its assets and liabilities into three levels based on the method used to value the assets or liabilities as required by the Statement of Financial Accounting Standards No. 157 (“FAS 157”), Fair Value Measurements. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Level 3 values are based on significant unobservable inputs that reflect the fund’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are generally high-quality and liquid; however, they are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The following table presents the fund’s valuation levels as of March 31, 2009 (dollars in thousands):
 
   
Investment securities
 
       
Level 1 — Quoted prices
  $ 24,056,387  
Level 2 — Other significant observable inputs
    6,910,438 *
Level 3 — Significant unobservable inputs
     
Total
  $ 30,966,825  
         
*Includes certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading; therefore, $4,017,391,000 of investment securities were classified as Level 2 instead of Level 1.
 

 

Federal income tax information
 
(dollars in thousands)
 
       
Gross unrealized appreciation on investment securities
  $ 2,542,712  
Gross unrealized depreciation on investment securities
    (9,592,549 )
Net unrealized depreciation on investment securities
    (7,049,837 )
Cost of investment securities for federal income tax purposes
    38,016,662  


Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so you may lose money.

Investors should carefully consider the investment objectives, risks, charges and expenses of the American Funds. This and other important information is contained in each fund’s prospectus, which can be obtained from your financial professional and should be read carefully before investing.
 
 
 
 
 
MFGEFP-910-0509O-S15814
 
 
ITEM 2 – Controls and Procedures

The Registrant’s Principal Executive Officer and Principal Financial Officer have concluded, based on their evaluation of the Registrant’s disclosure controls and procedures (as such term is defined in Rule 30a-3 under the Investment Company Act of 1940), that such controls and procedures are adequate and reasonably designed to achieve the purposes described in paragraph (c) of such rule.

There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the Registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting.


ITEM 3 – Exhibits

The certifications required by Rule 30a-2 of the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002 are attached as exhibits hereto.


 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
FUNDAMENTAL INVESTORS, INC.
   
 
By /s/ Paul G. Haaga, Jr.
 
Paul G. Haaga, Jr., Executive Vice President and
Principal Executive Officer
 
   
 
Date: May 29, 2009



Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.


By /s/ Paul G. Haaga, Jr.
Paul G. Haaga, Jr., Executive Vice President and
Principal Executive Officer
 
Date: May 29, 2009



By /s/ Jeffrey P. Regal
Jeffrey P. Regal, Treasurer and
Principal Financial Officer
 
Date: May 29, 2009
 
EX-99.CERT 2 fi_cert302.htm CERT302 Unassociated Document

[logo - American Funds®]
Fundamental Investors, Inc.
One Market, Steuart Tower
Suite 1800
San Francisco, California 94105
Phone (415) 421-9360


CERTIFICATION

I, Paul G. Haaga, Jr., certify that:

1.
I have reviewed this report on Form N-Q of Fundamental Investors, Inc.;
   
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3.
Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which this report is filed;
   
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
   
 
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
   
 
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
   
 
c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
   
 
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
   
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's Board of Directors (or persons performing the equivalent functions):
   
 
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
   
 
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
   


Date: May 29, 2009

/s/ Paul G. Haaga, Jr.
Paul G. Haaga, Jr., Executive Vice President and
Principal Executive Officer
Fundamental Investors, Inc.

 
 

 

[logo - American Funds®]
Fundamental Investors, Inc.
One Market, Steuart Tower
Suite 1800
San Francisco, California 94105
Phone (415) 421-9360


CERTIFICATION

I, Jeffrey P. Regal, certify that:

1.
I have reviewed this report on Form N-Q of Fundamental Investors, Inc.;
   
2.
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
   
3.
Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which this report is filed;
   
4.
The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:
   
 
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
   
 
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
   
 
c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and
   
 
d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and
   
5.
The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's Board of Directors (or persons performing the equivalent functions):
   
 
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and
   
 
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
   


Date: May 29, 2009

/s/ Jeffrey P. Regal
Jeffrey P. Regal, Treasurer and
Principal Financial Officer
Fundamental Investors, Inc.
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