-----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, L+YBYhTgm+mZVvDMno6zQPRs/HlY/cawe1bV8iIM4942rkFZ5eKT+uJr/v0gb0ER 2lYx0gTFfaQj3NO0aIFPvg== 0000719608-07-000016.txt : 20070129 0000719608-07-000016.hdr.sgml : 20070129 20070129131042 ACCESSION NUMBER: 0000719608-07-000016 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061130 FILED AS OF DATE: 20070129 DATE AS OF CHANGE: 20070129 EFFECTIVENESS DATE: 20070129 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMCAP FUND INC CENTRAL INDEX KEY: 0000004405 IRS NUMBER: 952482877 STATE OF INCORPORATION: MD FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-01435 FILM NUMBER: 07559915 BUSINESS ADDRESS: STREET 1: 333 S HOPE ST - 55TH FL (TODP) CITY: LOS ANGELES STATE: CA ZIP: 90071 BUSINESS PHONE: 213-486-9200 MAIL ADDRESS: STREET 1: 333 S HOPE ST - 55TH FL (TODP) CITY: LOS ANGELES STATE: CA ZIP: 90071 0000004405 S000008817 AMCAP FUND INC C000024003 Class A AMCPX C000024004 Class R-1 RAFAX C000024005 Class R-2 RAFBX C000024006 Class R-3 RAFCX C000024007 Class R-4 RAFEX C000024008 Class R-5 RAFFX C000024009 Class B AMPBX C000024010 Class C AMPCX C000024011 Class F AMPFX C000024012 Class 529-A CAFAX C000024013 Class 529-B CAFBX C000024014 Class 529-C CAFCX C000024015 Class 529-E CAFEX C000024016 Class 529-F CAFFX N-Q 1 amcap_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: 811-01435



AMCAP Fund, Inc.
(Exact name of registrant as specified in charter)

333 South Hope Street,
Los Angeles, California 90071
(Address of principal executive offices)




Registrant's telephone number, including area code: (213) 486-9200

Date of fiscal year end: February 28 or 29

Date of reporting period: November 30, 2006





Vincent P. Corti
Capital Research and Management Company
333 South Hope Street
Los Angeles, California 90071
(Name and address of agent for service)


Copies to:
Eric A.S. Richards
O’Melveny & Myers LLP
400 South Hope Street
Los Angeles, California 90071
(Counsel for the registrant)

 
 

 

ITEM 1 - Schedule of Investments


[logo - American Funds®]
 

AMCAP Fund
Investment portfolio

November 30, 2006
 
unaudited


Common stocks — 86.36%
 
Shares
 
Market value
(000)
 
               
INFORMATION TECHNOLOGY — 21.00%
             
Cisco Systems, Inc.1 
   
24,604,300
 
$
661,364
 
Intel Corp.
   
30,232,000
   
645,453
 
Oracle Corp.1 
   
32,671,659
   
621,742
 
Google Inc., Class A1
   
1,030,000
   
499,468
 
eBay Inc.1 
   
14,245,000
   
460,826
 
Microsoft Corp.
   
15,595,000
   
457,401
 
Texas Instruments Inc.
   
6,250,000
   
184,687
 
Affiliated Computer Services, Inc., Class A1
   
3,610,000
   
182,485
 
Automatic Data Processing, Inc.
   
3,500,000
   
168,805
 
First Data Corp.
   
4,680,000
   
118,170
 
Maxim Integrated Products, Inc.
   
3,375,000
   
106,245
 
Altera Corp.1 
   
5,250,000
   
104,423
 
Linear Technology Corp.
   
3,200,000
   
102,848
 
Intuit Inc.1
   
3,100,000
   
97,588
 
Microchip Technology Inc.
   
2,500,000
   
85,275
 
Intersil Corp., Class A
   
3,400,000
   
84,218
 
NAVTEQ Corp.1 
   
2,353,500
   
84,185
 
Yahoo! Inc.1 
   
3,000,000
   
80,970
 
Analog Devices, Inc.
   
2,213,200
   
71,973
 
Xilinx, Inc.
   
2,500,000
   
67,000
 
EMC Corp.1 
   
5,000,000
   
65,550
 
Paychex, Inc.
   
1,600,000
   
63,056
 
Rogers Corp.1 
   
750,000
   
52,110
 
Applied Materials, Inc.
   
2,700,000
   
48,546
 
KLA-Tencor Corp.
   
700,000
   
36,169
 
Dell Inc.1
   
1,200,000
   
32,688
 
Jabil Circuit, Inc.
   
1,087,000
   
30,827
 
Sabre Holdings Corp., Class A
   
888,800
   
24,380
 
National Instruments Corp.
   
768,750
   
22,355
 
Solectron Corp.1
   
5,500,000
   
18,315
 
Cadence Design Systems, Inc.1
   
796,400
   
14,638
 
Fidelity National Information Services, Inc.
   
113,933
   
4,546
 
           
5,298,306
 
               
CONSUMER DISCRETIONARY — 19.14%
             
Lowe’s Companies, Inc.
   
20,800,000
   
627,328
 
Target Corp.
   
9,250,000
   
537,333
 
Carnival Corp., units
   
8,525,200
   
417,650
 
Best Buy Co., Inc.
   
6,300,000
   
346,311
 
Johnson Controls, Inc.
   
3,390,000
   
275,709
 
YUM! Brands, Inc.
   
3,738,000
   
228,728
 
Harley-Davidson, Inc.
   
2,896,900
   
213,704
 
Williams-Sonoma, Inc.2 
   
6,000,000
   
190,320
 
Ross Stores, Inc.
   
5,775,000
   
178,967
 
Time Warner Inc.
   
7,647,500
   
154,021
 
E.W. Scripps Co., Class A
   
3,100,000
   
151,466
 
Brinker International, Inc.
   
3,125,000
   
142,094
 
Walt Disney Co.
   
4,000,000
   
132,200
 
Tractor Supply Co.1,2
   
2,525,000
   
120,190
 
Harman International Industries, Inc.
   
1,100,000
   
114,224
 
Liberty Media Holding Corp., Liberty Capital, Series A1
   
700,000
   
61,544
 
Liberty Media Holding Corp., Liberty Interactive, Series A1
   
1,750,000
   
39,830
 
Comcast Corp., Class A, special nonvoting stock1
   
2,500,000
   
100,700
 
Dollar General Corp.
   
6,250,000
   
97,125
 
Amazon.com, Inc.1
   
2,400,000
   
96,816
 
IAC/InterActiveCorp1
   
2,557,500
   
93,323
 
Kohl’s Corp.1
   
1,275,000
   
88,740
 
OSI Restaurant Partners, Inc.
   
2,250,000
   
87,975
 
Gentex Corp.
   
5,130,000
   
85,004
 
P.F. Chang’s China Bistro, Inc.1,2 
   
1,650,000
   
59,565
 
Applebee’s International, Inc.
   
2,500,000
   
56,875
 
Discovery Holding Co., Class A1
   
3,245,000
   
49,778
 
Expedia, Inc.1 
   
2,507,600
   
45,563
 
Fossil, Inc.1 
   
1,850,000
   
38,887
 
           
4,831,970
 
               
HEALTH CARE — 15.87%
             
UnitedHealth Group Inc.
   
11,950,500
   
586,531
 
WellPoint, Inc.1
   
6,700,000
   
506,989
 
Medtronic, Inc.
   
5,200,000
   
271,076
 
Forest Laboratories, Inc.1
   
5,165,000
   
251,535
 
Medco Health Solutions, Inc.1 
   
4,510,000
   
226,447
 
Alcon, Inc.
   
1,730,000
   
189,643
 
St. Jude Medical, Inc.1 
   
4,929,200
   
183,711
 
Roche Holding AG
   
982,000
   
177,420
 
Cephalon, Inc.1
   
2,000,000
   
149,720
 
Medicis Pharmaceutical Corp., Class A2
   
3,625,000
   
133,690
 
Amgen Inc.1
   
1,875,000
   
133,125
 
Express Scripts, Inc.1 
   
1,930,000
   
131,626
 
Biogen Idec Inc.1
   
2,380,000
   
124,379
 
Caremark Rx, Inc.
   
2,300,000
   
108,790
 
Lincare Holdings Inc.1 
   
2,800,000
   
105,476
 
Bristol-Myers Squibb Co.
   
4,225,000
   
104,907
 
IDEXX Laboratories, Inc.1 
   
1,100,000
   
93,115
 
Becton, Dickinson and Co.
   
1,200,000
   
86,064
 
Genentech, Inc.1 
   
1,000,000
   
81,750
 
Abbott Laboratories
   
1,400,000
   
65,324
 
McKesson Corp.
   
1,100,000
   
54,340
 
Haemonetics Corp.1 
   
1,190,000
   
53,883
 
Eli Lilly and Co.
   
900,000
   
48,231
 
Boston Scientific Corp.1 
   
2,547,890
   
40,308
 
AstraZeneca PLC (Sweden)
   
660,000
   
38,214
 
Johnson & Johnson
   
500,000
   
32,955
 
Henry Schein, Inc.1
   
500,000
   
25,765
 
           
4,005,014
 
               
FINANCIALS — 8.06%
             
Fannie Mae
   
8,640,000
   
492,739
 
Capital One Financial Corp.
   
4,901,200
   
381,705
 
American International Group, Inc.
   
4,365,000
   
306,947
 
Wachovia Corp.
   
3,307,008
   
179,207
 
Freddie Mac
   
2,550,000
   
171,258
 
Wells Fargo & Co.
   
3,440,000
   
121,226
 
M&T Bank Corp.
   
959,230
   
113,803
 
Commerce Bancorp, Inc.
   
3,000,000
   
104,280
 
Bank of New York Co., Inc.
   
1,740,000
   
61,840
 
North Fork Bancorporation, Inc.
   
1,750,000
   
49,122
 
City National Corp.
   
510,000
   
34,588
 
Arthur J. Gallagher & Co.
   
600,000
   
17,574
 
           
2,034,289
 
               
CONSUMER STAPLES — 6.41%
             
L’Oréal SA
   
2,224,893
   
224,206
 
Altria Group, Inc.
   
2,500,000
   
210,525
 
PepsiCo, Inc.
   
3,300,000
   
204,501
 
Bunge Ltd.
   
2,010,600
   
141,747
 
Avon Products, Inc.
   
4,000,000
   
130,560
 
CVS Corp.
   
4,500,000
   
129,465
 
Church & Dwight Co., Inc.
   
2,867,800
   
120,190
 
Dean Foods Co.1
   
2,500,000
   
107,050
 
Wm. Wrigley Jr. Co.
   
1,870,000
   
98,063
 
Costco Wholesale Corp.
   
1,600,000
   
83,616
 
Walgreen Co.
   
1,600,000
   
64,784
 
Anheuser-Busch Companies, Inc.
   
1,187,800
   
56,432
 
Wal-Mart Stores, Inc.
   
1,000,000
   
46,100
 
           
1,617,239
 
               
ENERGY — 6.17%
             
Schlumberger Ltd.
   
5,310,000
   
363,629
 
Devon Energy Corp.
   
3,020,000
   
221,577
 
Newfield Exploration Co.1 
   
3,795,000
   
188,877
 
Apache Corp.
   
2,150,000
   
150,350
 
EOG Resources, Inc.
   
2,122,900
   
149,728
 
FMC Technologies, Inc.1
   
2,285,000
   
137,123
 
Murphy Oil Corp.
   
2,200,000
   
119,416
 
Noble Corp.
   
1,200,000
   
92,700
 
Smith International, Inc.
   
2,130,000
   
90,227
 
ConocoPhillips
   
650,000
   
43,745
 
           
1,557,372
 
               
INDUSTRIALS — 5.46%
             
Precision Castparts Corp.
   
3,640,000
   
274,674
 
Robert Half International Inc.
   
6,800,000
   
262,412
 
United Parcel Service, Inc., Class B
   
3,200,000
   
249,344
 
General Electric Co.
   
5,400,000
   
190,512
 
Avery Dennison Corp.
   
1,744,200
   
117,681
 
FedEx Corp.
   
790,000
   
91,190
 
Mine Safety Appliances Co.2
   
1,942,750
   
70,153
 
United Technologies Corp.
   
1,000,000
   
64,530
 
Southwest Airlines Co.
   
3,685,000
   
57,891
 
           
1,378,387
 
               
TELECOMMUNICATION SERVICES — 2.51%
             
Sprint Nextel Corp., Series 1
   
15,788,904
 
$
308,042
 
Telephone and Data Systems, Inc., Special Common Shares
   
2,000,000
   
96,300
 
Telephone and Data Systems, Inc.
   
1,575,000
   
81,364
 
CenturyTel, Inc.
   
2,690,000
   
114,459
 
United States Cellular Corp.1
   
501,600
   
33,768
 
           
633,933
 
               
MATERIALS — 0.28%
             
Sealed Air Corp.
   
1,200,000
   
71,412
 
               
               
UTILITIES — 0.17%
             
Duke Energy Corp.
   
1,299,000
   
41,204
 
               
               
MISCELLANEOUS — 1.29%
             
Other common stocks in initial period of acquisition
         
325,505
 
               
               
Total common stocks (cost: $16,040,733,000)
         
21,794,631
 
               
               
 
             
Short-term securities — 13.68%
   
Principal amount
(000
)
     
               
Freddie Mac 5.075%-5.17% due 12/19/2006-3/9/2007
 
$
348,217
   
344,984
 
Edison Asset Securitization LLC 5.23%-5.25% due 12/13/2006-2/13/20073
   
195,800
   
194,562
 
General Electric Capital Services, Inc. 5.24% due 1/29/2007
   
54,200
   
53,734
 
Federal Home Loan Bank 5.065%-5.19% due 12/1/2006-1/24/2007
   
243,400
   
242,552
 
CAFCO, LLC 5.24%-5.26% due 12/7/2006-1/29/20073
   
173,900
   
173,040
 
Ciesco LLC 5.26% due 1/8/20073
   
50,000
   
49,715
 
Bank of America Corp. 5.23%-5.25% due 12/6/2006-2/16/2007
   
179,800
   
178,920
 
Ranger Funding Co. LLC 5.25% due 12/13/20063 
   
25,000
   
24,953
 
Procter & Gamble Co. 5.21% due 12/1-12/14/20063
   
202,800
   
202,556
 
Clipper Receivables Co., LLC 5.23%-5.25% due 12/7/2006-1/30/20073
   
188,300
   
187,314
 
Variable Funding Capital Corp. 5.23%-5.25% due 12/26/2006-1/19/20073
   
185,000
   
184,008
 
Wal-Mart Stores Inc. 5.20%-5.21% due 12/5-12/19/20063
   
176,300
   
176,012
 
Park Avenue Receivables Co., LLC 5.22%-5.25% due 12/6/2006-1/22/20073
   
101,252
   
101,004
 
Jupiter Securitization Co., LLC 5.24%-5.25% due 1/24-2/5/20073
   
53,856
   
53,398
 
CIT Group, Inc. 5.23%-5.24% due 1/16-3/5/20073
   
90,900
   
89,884
 
CIT Group, Inc. 5.26% due 1/16-1/18/2007
   
55,786
   
55,407
 
Coca-Cola Co. 5.19% due 12/11-12/20/20063
   
100,000
   
99,756
 
Atlantic Industries 5.20% due 12/19/20063
   
18,300
   
18,250
 
Fannie Mae 5.07%-5.155% due 12/6/2006-2/1/2007
   
105,800
   
105,100
 
International Lease Finance Corp. 5.21%-5.24% due 12/21/2006-1/17/2007
   
79,200
   
78,753
 
American General Finance Corp. 5.22% due 12/14/2006
   
25,000
   
24,951
 
3M Co. 5.17% due 12/1-12/20/2006
   
85,000
   
84,878
 
Private Export Funding Corp. 5.24%-5.26% due 2/27-2/28/20073
   
78,000
   
76,990
 
Illinois Tool Works Inc. 5.21% due 12/6-12/15/2006
   
71,800
   
71,690
 
IBM Corp. 5.16%-5.20% due 12/4-12/20/20063
   
62,025
   
61,944
 
Three Pillars Funding, LLC 5.26% due 12/15/20063
   
50,000
   
49,890
 
Abbott Laboratories 5.19% due 12/21/20063
   
50,000
   
49,848
 
Federal Farm Credit Banks 5.135%-5.14% due 12/28/2006-1/31/2007
   
50,000
   
49,698
 
BellSouth Corp. 5.21% due 12/5/20063
   
48,200
   
48,165
 
Harvard University 5.17% due 12/18/2006
   
40,000
   
39,896
 
Triple-A One Funding Corp. 5.25% due 12/11/20063
   
33,400
   
33,346
 
HSBC Finance Corp. 5.21% due 2/12/2007
   
30,700
   
30,372
 
NetJets Inc. 5.18% due 12/15/20063
   
30,000
   
29,935
 
FCAR Owner Trust I 5.25% due 12/1/2006
   
27,900
   
27,896
 
Tennessee Valley Authority 5.135% due 12/14/2006
   
25,000
   
24,947
 
Bank of New York Co., Inc. 5.20% due 12/15/2006
   
25,000
   
24,946
 
Colgate-Palmolive Co. 5.16% due 12/29/20063
   
25,000
   
24,899
 
Hewlett-Packard Co. 5.23% due 1/11/20073 
   
25,000
   
24,847
 
AT&T Inc. 5.27% due 1/11/20073
   
21,500
   
21,368
 
Caterpillar Financial Services Corp. 5.19% due 12/4/2006
   
20,000
   
19,988
 
Emerson Electric Co. 5.20% due 12/11/20063
   
9,600
   
9,585
 
Harley-Davidson Funding Corp. 5.19% due 12/12/20063
   
9,000
   
8,984
 
               
               
Total short-term securities (cost: $3,452,882,000)
         
3,452,965
 
               
Total investment securities (cost: $19,493,615,000)
         
25,247,596
 
Other assets less liabilities
         
(10,138
)
               
Net assets
       
$
25,237,458
 
 
“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.
2The fund owns 5% or more of the outstanding voting shares of this company. See table below for additional information.
3Restricted security that can be resold only to institutional investors. In practice, this security is typically as liquid as unrestricted securities
in the portfolio. The total value of all restricted securities was $1,994,253,000, which represented 7.90% of the net assets of the fund.

 
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 nine months ended November 30, 2006, appear below.

 
Company
 
Beginning
shares
 
Purchases
 
Sales
 
Ending
shares
 
Dividend
income
(000)
 
Market value
of affiliates
at 11/30/06
(000)
 
                                       
Williams-Sonoma
   
3,205,200
   
2,794,800
   
   
6,000,000
 
$
1,411
 
$
190,320
 
Medicis Pharmaceutical
   
3,625,000
   
   
   
3,625,000
   
326
   
133,690
 
Tractor Supply
   
   
2,525,000
   
   
2,525,000
   
   
120,190
 
Mine Safety Appliances
   
   
1,942,750
   
   
1,942,750
   
876
   
70,153
 
P.F. Chang’s China Bistro
   
1,000,000
   
650,000
   
   
1,650,000
   
   
59,565
 
Fossil*
   
4,415,000
   
   
2,565,000
   
1,850,000
   
   
 
OSI Restaurant Partners*
   
3,750,000
   
   
1,500,000
   
2,250,000
   
1,073
   
 
Power Integrations*
   
1,850,000
   
   
1,850,000
   
   
   
 
                           
$
3,686
 
$
573,918
 
 
*Unaffiliated issuer at 11/30/2006.
 

 
Federal income tax information
 
(dollars in thousands)
 
         
         
Gross unrealized appreciation on investment securities
 
$
5,903,693
 
Gross unrealized depreciation on investment securities
   
(151,244
)
Net unrealized appreciation on investment securities
   
5,752,449
 
Cost of investment securities for federal income tax purposes
   
19,495,147
 

 
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 a financial adviser and should be read carefully before investing.
 
 
MFGEFP-902-0107-S6874


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, as amended, 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.

 
AMCAP FUND, INC.
   
 
By /s/ Claudia P. Huntington
 
Claudia P. Huntington, President and
Principal Executive Officer
   
 
Date: January 26, 2007



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/ Claudia P. Huntington
Claudia P. Huntington, President and
Principal Executive Officer
 
Date: January 26, 2007



By /s/ Karl C. Grauman
Karl C. Grauman, Treasurer and
Principal Financial Officer
 
Date: January 26, 2007


EX-99.CERT 2 amcap_cert302.htm CERT302 Unassociated Document

[logo - American Funds®]
AMCAP Fund, Inc.
333 South Hope Street
Los Angeles, California 90071
Phone (213) 486-9200


CERTIFICATION

I, Claudia P. Huntington, certify that:

1.
I have reviewed this report on Form N-Q of AMCAP Fund, 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: January 26, 2007

/s/ Claudia P. Huntington 
Claudia P. Huntington, President and
Principal Executive Officer
AMCAP Fund, Inc.

 
 

 


[logo - American Funds®]
AMCAP Fund, Inc.
333 South Hope Street
Los Angeles, California 90071
Phone (213) 486-9200


CERTIFICATION

I, Karl C. Grauman, certify that:

1.
I have reviewed this report on Form N-Q of AMCAP Fund, 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: January 26, 2007

/s/ Karl C. Grauman 
Karl C. Grauman, Treasurer and
Principal Financial Officer
AMCAP Fund, Inc.



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