The Growth Fund of America - A | American Funds

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RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1 OR 2

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

GROWTH FUNDS

®

Share Class

Summary

Internal Prompt
A flexible approach to growth investing. Seeks opportunities in traditional growth stocks as well as cyclical companies and turnaround situations with significant potential for growth of capital.
Price at NAV $55.13 as of 12/01/2022 (updated daily)
Fund Assets (millions) $201,688.0
Portfolio Managers
13
Expense Ratio
0.60%

Internal Prompt

Returns at NAV

Returns with Sales Charge

Read important investment disclosures
-34.54%
1-year return
7.10%
5-year return
11.55%
10-year return
0.03%
30-Day SEC Yield
Returns as of 10/31/22 (updated monthly). Yield as of 10/31/22 (updated monthly).

Asset Mix

U.S. Equities84.5%
Non-U.S. Equities9.3%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
6.1%
U.S. Equities84.5%
Non-U.S. Equities9.3%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
6.1%
As of 10/31/2022 (updated monthly)

Growth of 10K

Read important investment disclosures
For Class A Shares, this chart tracks a hypothetical investment with dividends reinvested through 12/31/2021.
AGTHX
S&P 500 Index

High & Low Prices

Market Capitalization

76.0%
Large
21.6%
Medium
2.5%
Small
$123,814.47 Million
Weighted Average


As of 9/30/2022 (updated quarterly). Morningstar data as of 9/30/2022 (updated quarterly).

Morningstar Ownership ZoneTM

Large Growth
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 9/30/22 (updated quarterly)

Description

Fund Objective
The fund's investment objective is to provide you with growth of capital.
Distinguishing Characteristics
This fund takes a flexible approach to growth investing, seeking opportunities in traditional growth stocks as well as cyclical companies and turnarounds with significant potential for growth of capital. Geographic flexibility also allows portfolio managers to pursue opportunities outside of the U.S. This differentiated approach has the potential to enable the fund to navigate a variety of market environments.
Types of Investments
Invests at least 65% of its assets in common stocks. May also invest in convertibles, preferred stocks, U.S. government securities, bonds and cash equivalents.
Holdings Outside the U.S.
The fund may invest up to 25% of its assets in securities of issuers domiciled outside the United States.

Fund Facts

Fund Inception 12/01/1973
Fund Assets (millions)
As of 10/31/2022
$201,688.0
Companies/Issuers
Holdings are as of 9/30/2022 (updated quarterly).
353+
Shareholder Accounts
Shareholder accounts are as of 10/31/2022
3,801,114
Regular Dividends Paid
Dec
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2022) 30%
Fiscal Year-End Aug
Prospectus Date 11/01/2022
CUSIP 399874 10 6
Fund Number 5

Returns

Internal Prompt

Month-End Returns as of 10/31/22

Quarter-End Returns as of 9/30/22

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class A Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
AGTHX
S&P 500 Index
Other AF Funds
Standard Deviation as of 10/31/2022 (updated monthly) . Annualized return as of 10/31/2022 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 0.11% N/A
Fund at MOP 0.10% 0.03%
As of 10/31/2022 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 3.47 9.87 15.93
S&P 500 Index
3.00 9.80 15.30
Fund as of 9/30/22. Index as of 9/30/22.

Portfolio Management

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Julian N. Abdey 3 20 27
Christopher D. Buchbinder 9 27
Mark L. Casey 10 22
J. Blair Frank 21 28 29
Joanna F. Jonsson 7 32 34
Carl M. Kawaja 12 31 35
Donald D. O'Neal 29 37
Anne-Marie Peterson 10 18 28
Alex Popa 6 15 18
Andraz Razen 4 18 24
Martin Romo 12 29 30
Lawrence R. Solomon 12 37 38
Alan J. Wilson 10 32 37
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(1129)
3-yr. Morningstar RatingTM
(1129 funds rated)
5-yr. Morningstar RatingTM
(1050 funds rated)
10-yr. Morningstar RatingTM
(784 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Large Growth
Ratings are based on risk-adjusted returns as of 10/31/2022 (updated monthly).

Risk Measures

Fund
Standard Deviation
15.62
Sharpe Ratio
0.77
For the 10 Years ending 10/31/22 (updated monthly).
American Funds/
Morningstar Benchmark
S&P 500 TR USD
R-squared 91
Beta 1.02
Capture Ratio (Downside/Upside) 104/100
American Funds and Morningstar Benchmark for the 10 Years ending 10/31/22 (updated monthly).
Active Share
57.6%
As of 6/30/22 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Consumer discretionary 23.1%
Information technology 20.5%
Health care 15.6%
Communication services 9.7%
Industrials 7.7%
Financials 6.6%
Energy 4.4%
Materials 2.3%
Consumer staples 2.3%
Utilities 0.8%
Real estate 0.2%

% of net assets as of 9/30/2022 (updated quarterly)

Top Equities

Tesla Inc
6.0%
Microsoft
5.6%
UnitedHealth Group
4.1%
Alphabet
4.0%
Amazon
3.8%
Broadcom
2.0%
Netflix
1.8%
Meta Platforms
1.5%
ASML
1.4%
Mastercard Inc
1.4%

% of net assets as of 10/31/2022 (updated monthly)

Geographic Breakdown

United States
84.4%
Europe
4.2%
Asia & Pacific Basin
2.0%
Other (Including Canada & Latin America)
2.7%
Cash & equivalents
6.8%
% of net assets as of 9/30/2022 (updated quarterly)

The New Geography of Investing ®

Regions Fund
S&P 500 Index
United States 90.5% 100.0%
Canada 2.1% 0.0%
Europe 4.8% 0.0%
Japan 0.3% 0.0%
Asia-Pacific ex. Japan 0.3% 0.0%
Emerging Markets 1.9% 0.0%

% of net assets as of 9/30/2022 (updated quarterly)

Fund Breakdown by Domicile

Regions Fund
S&P 500 Index
United States 84.4% 100.0%
Canada 2.0% 0.0%
Europe 4.5% 0.0%
Japan 0.3% 0.0%
Asia-Pacific ex. Japan 0.3% 0.0%
Emerging Markets 1.8% 0.0%
Cash & Equivalents
6.8% --

% of net assets as of 9/30/2022 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/26/22

2021
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
12/17/21 12/17/21 12/20/21 $0.0646 $0.00 $6.014 $0.00 $71.69
2021 Year-to-Date: Dividends Subtotal: $0.0646 Cap Gains Subtotal: $6.014
Total Distributions: $6.0786

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.26%
Other Expenses 0.10%
Service 12b-1 0.24%
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

AGTHX 0.60%
Lipper Large-Cap Growth Funds Average
1.05%
Fund as of most recent prospectus. Lipper Category as of 9/30/22 (updated quarterly).

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