|Expense Ratio (net)||0.66%|
|Morningstar Risk Rating||★★|
|Last Cap Gain||0.00|
|Inception Date||Nov 30, 1973|
|Average for Category||N/A|
Financial pundits shouted about record high levels for the stock market in 2016, but for actively managed stock mutual funds there was another record, one they would rather keep quiet: the largest amount of net withdrawals ever recorded. U.S.-based actively managed stock funds suffered $288 billion in withdrawals year-to-date through November, the largest on record, according to Thomson Reuters Lipper service. On the passive side, stock index mutual funds and equity exchange-traded funds each attracted about the same amount of new cash, more than $112 billion apiece in 2016, Lipper said.
American Funds Growth Fund of America A Fund (AGTHX)has a Zacks Rank #1 (Strong Buy) was incepted in December 1973 and is managed by American Funds
The steady rise in the markets since 2009 has led to some outsized gains in a few funds that are finally being realized as long-term winning holdings.