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American Funds Growth Fund of Amer 529A (CGFAX)

39.07 Up 0.34(0.88%) Jun 18


Profile as of Mar 30, 2013Get Profile for:
American Funds Growth Fund of Amer 529A
The Growth Fund of America, Inc.One Market, Steuart Tower, Suite 1800San Francisco, CA 94105-1409
Map
Phone: 800-421-4225
Fund Overview 
Category:Large Growth
Fund Family:American Funds
Net Assets:116.76B
Year-to-Date Return:8.53%
Yield:0.73%
Morningstar Rating:3 stars
Fund Inception Date:Feb 14, 2002
Morningstar Style Box 
Large Growth
[View Category Definition]
View Top Large Growth Funds
About the Morningstar Style Box
Management Information 
James M. Drasdo
Lead Manager since Oct 31, 1985
Drasdo is a senior vice president, director, and portfolio manager with Capital Research and Management Company. He has been an investment professional for 35 years in total. Drasdo has been with the company for 29 years.
Investment Information 
Min Initial Investment:250
Min Initial Investment, IRA:250
Min Initial Investment, AIP:0
Min Subsequent Investment:50
Min Subsequent Investment, IRA:50
Min Subsequent Investment, AIP:50
CGFAX can be purchased from 8 brokerages.

Fund Summary 
The investment seeks growth of capital. The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities for growth of capital. It may invest a portion of its assets in securities of issuers domiciled outside the United States. The investment adviser uses a system of multiple portfolio counselors in managing the fund's assets. Under this approach, the portfolio of the fund is divided into segments managed by individual counselors who decide how their respective segments will be invested.

Fund Operations 
Last Dividend (Dec 18, 2012) : 0.27
Last Cap Gain : 0.00
Annual Holdings Turnover (Jun 3, 2013) : 18.00%
Average for Category:61.12%
Fees & Expenses 
ExpenseCGFAXCategory Avg
Annual Report Expense Ratio (net):0.77%1.24%
Prospectus Net Expense Ratio:0.77%N/A
Prospectus Gross Expense Ratio:0.77%N/A
Max 12b1 Fee:0.21%N/A
Max Front End Sales Load:5.75%5.42%
Max Deferred Sales Load: N/A2.40%
3 Yr Expense Projection*:846579
5 Yr Expense Projection*:1,037913
10 Yr Expense Projection*:1,5791,832
* Per $10,000 invested