Morningstar® Investment Profile™   Morningstar®
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American Funds Growth Fund of Amer R6  RGAGX
Release date as of 2024-03-31. Data on page is subject to change.
Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-03-31
Out of 1111
Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
Total Fund Assets ($ Mil)
275,873.14
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
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 up to 25% of its assets in securities of issuers domiciled outside the United States. The investment adviser uses a system of multiple portfolio managers in managing the fund's assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
  Morningstar Category: Large Growth
Large-growth portfolios invest primarily in big U.S. companies that are projected to grow faster than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). Most of these portfolios focus on companies in rapidly expanding industries. 
  Performance
Growth of $10,000
(from 2014-01-01 to 2024-03-31)
Investment: American Funds Growth Fund of Amer R6
Benchmark 1: S&P 500 TR USD
Benchmark 2: Russell 1000 Growth TR USD
Category: Large Growth
This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden.
Total Annualized Returns %
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Investment 12.62 39.32 7.94 15.02 13.43 14.89
S&P 500 TR USD 10.56 29.88 11.49 15.05 12.96 11.38
Russell 1000 Growth TR USD 11.41 39.00 12.50 18.52 15.98 ---
Category 11.92 36.45 7.95 14.89 13.24 11.03
Morningstar Rating --- --- ---
# of compared Large Growth funds covered (3 yrs : out of 1111 funds) (5 yrs : out of 1037 funds) (10 yrs : out of 807 funds)
Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods.
Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.
Fees and Expenses
Total Annual Operating Expense 0.30%
Prospectus Net Expense Ratio 0.30%
Maximum Sales Charge ---
The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio.
Waiver Data
Type Date %
--- --- --- ---
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 84.0
Bullet Non-U.S. Stocks Non-U.S. Stocks 8.2
Bullet Bonds Bonds 0.0
Bullet Cash Cash 7.5
Bullet Other Other 0.4
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 26.70
Basic Materials 2.18
Consumer Cyclical 15.77
Financial Services 8.69
Real Estate 0.06
Sensitive 57.19
Communication Services 13.60
Energy 2.81
Industrials 12.36
Technology 28.42
Defensive 16.11
Consumer Defensive 2.15
Healthcare 13.33
Utilities 0.63
Data through 2024-03-31
Holding Status
Total Number of Stock Holdings 305
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 32.81
Turnover % (as of 2023-08-31) 31.00
30 Day SEC Yield % 0.60
Top Holdings
Sector P/E % of Net
Assets
Microsoft Corp 38.04 6.09
Meta Platforms Inc Class A 32.66 5.44
Capital Group Central Cash Fund --- --- 4.35
Broadcom Inc 49.25 3.56
Amazon.com Inc 62.20 3.56
NVIDIA Corp 75.74 2.30
Eli Lilly and Co 134.13 2.15
Netflix Inc 50.48 1.88
Alphabet Inc Class C 26.25 1.78
GE Aerospace 22.00 1.70
Data through 2024-03-31
  Principal Risks   
Long-Term Outlook and Projections, Loss of Money, Not FDIC Insured, Growth Investing, Active Management, Issuer, Market/Market Volatility, Equity Securities
Show Risk Definitions
  Other Information
Inception Date: 2009-05-01
Portfolio Manager(s)
Christopher D. Buchbinder   (2013-11-01)
Christopher D. Buchbinder is an equity portfolio manager at Capital Group. He has 26 years of investment experience, all with Capital Group. Earlier in his career at Capital, as an equity investment analyst, he covered U.S. telecommunication services, autos, and auto parts & equipment companies. He began his career as a participant in The Associates Program, a two-year series of work assignments in various areas of the Capital organization. He holds a bachelor’s degree in economics and international relations from Brown University graduating cum laude. Chris is based in San Francisco.
Donald D. O'Neal   (1993-11-01)
Donald D. O’Neal is an equity portfolio manager at Capital Group. He has 36 years of investment experience, all with Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered chemical, environmental service and aerospace & defense companies. Don holds an MBA from Stanford Graduate School of Business and a bachelor’s degree in nuclear engineering from University of California, Los Angeles graduating summa cum laude. He also holds the Chartered Financial Analyst® designation. Don is based in San Francisco.
Martin Romo   (2010-11-01)
Martin Romo is an equity portfolio manager at Capital Group. He is president of Capital Research Company, Inc. and serves on the Capital Group Management Committee. Martin has 30 years of investment experience and has been with Capital Group for 29 years. Earlier in his career, as an equity investment analyst at Capital, he covered the global chemicals industry, mortgage and consumer financials, and select conglomerate companies. He holds an MBA from Stanford Graduate School of Business and a bachelor’s degree in architecture from the University of California, Berkeley.
Julian N. Abdey   (2021-11-01)
Julian N. Abdey is an equity portfolio manager at Capital Group. Julian has 23 years of investment experience and has been with Capital Group for 16 years. Earlier in his career at Capital, he was an equity investment analyst and covered U.S. and European small-cap financial companies such as banks and savings & loans. Before joining Capital, he was a portfolio manager and equity research analyst with HSBC Asset Management, where he covered U.S. financial companies and managed various growth-oriented funds. He holds an MBA from Stanford Graduate School of Business and an undergraduate degree in economics from Cambridge University. He also holds the Chartered Financial Analyst® designation. Julian is based in San Francisco.
Mark L. Casey   (2012-11-01)
Mark L. Casey is an equity portfolio manager at Capital Group. He has 23 years of investment industry experience, all with Capital Group. Earlier in his career at Capital, Mark was an equity investment analyst and covered U.S. media, entertainment, newspapers, infrastructure software, internet and document imaging. Prior to joining Capital, he was a director and product manager for Siebel Systems. He holds an MBA with distinction from Harvard Business School and a bachelor's degree in history from Yale University graduating magna cum laude. Mark is based in San Francisco.
Anne-Marie Peterson   (2013-07-02)
Anne-Marie Peterson is an equity portfolio manager at Capital Group. She has 29 years of investment industry experience and has been with Capital Group for 19 years. Earlier in her career at Capital, she was an equity investment analyst covering U.S. retail and restaurants. Prior to joining Capital, she was a partner and research analyst for Thomas Weisel Partners and before that, she was a research associate at Montgomery Securities. She holds a bachelor's degree in economics from the University of California, Irvine. She also holds the Chartered Financial Analyst® designation. Anne-Marie is based in San Francisco.
Alex Popa   (2016-10-01)
Alex Popa is an equity portfolio manager at Capital Group. As an equity investment, he covers North American rails. He has 15 years of investment experience and has been with Capital Group for 12 years. Earlier in his career at Capital, his coverage included life & property casualty insurance, U.S. money center banks, trust and custody banks, brokers and investment banks. Prior to joining Capital, Alex held several positions in the Romanian government, serving as the prime minister’s adviser for economic affairs and secretary of state, leading the Agency for Foreign Investments. Alex holds an MBA from Harvard Business School, as a Baker Scholar, and both master’s and bachelor’s degrees in economics and management science & engineering from Stanford University, ranking first in his class as the Henry Ford II Scholar. Alex is based in Los Angeles.
Andraz Razen   (2020-03-02)
Andraz Razen is an equity portfolio manager at Capital Group. As an equity investment analyst at Capital, Andraz is a generalist covering small-cap companies. He has 25 years of investment experience and has been with Capital Group for 18 years. Earlier in his career, as an equity investment analyst at Capital, he also covered U.S. health care and supplies companies. Prior to joining Capital, he was an analyst and portfolio manager at Fidelity Investments in Boston. He holds a bachelor's degree in quantitative economics from Tufts University graduating summa cum laude. Andraz is based in London.
Joanna F. Jonsson   (2016-03-01)
Joanna F. Jonsson is an equity portfolio manager at Capital Group. She is also president of Capital Research and Management Company and serves on the Capital Group Management Committee and the Target Date Solutions Committee. She has 34 years of investment experience and has been with Capital Group for 32 years. Earlier in her career, as an equity investment analyst at Capital, Jody covered insurance, U.S. household & personal care, restaurants & lodging and cruise lines companies.
Carl M. Kawaja   (2010-11-01)
Carl M. Kawaja is chair of Capital Research and Management Company, part of Capital Group. He is also an equity portfolio manager. Carl has 37 years of investment industry experience and has been with Capital Group for 32 years. Earlier in his career, as an equity investment analyst at Capital, he covered global household products and U.S. personal care companies, along with Canadian companies. Before joining Capital, Carl was a security analyst for Gabelli & Company in New York, as well as an equity analyst for Lévesque Beaubien in Montreal.
J. Blair Frank   (2001-11-01)
J. Blair Frank is an equity portfolio manager at Capital Group. He has 26 years of investment experience and has been with Capital Group for 25 years. Earlier in his career at Capital, as an equity investment analyst, Blair covered U.S. small-cap companies. Before joining Capital, Blair worked as an equity manager at Institutional Capital Corp. in Chicago. He holds an MBA in finance from Northwestern University and a bachelor’s degree in history from Bates College. Blair is based in Los Angeles.
Alan J. Wilson   (2012-11-03)
Alan J. Wilson is a portfolio manager at Capital Group. He has 39 years of investment industry experience and has been with Capital Group for 33 years. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. construction & housing, machinery & engineering, environmental services, energy equipment, trucks, personal care, household products and energy (oil & gas drilling) companies. Before joining Capital, Alan was a consultant with The Boston Consulting Group and an engineer with Texas Eastern Corp.
Lawrence R. Solomon   (2010-05-01)
Lawrence R. Solomon is an equity portfolio manager at Capital Group. He has 38 years of investment experience and has been with Capital Group for 37 years. Earlier in his career at Capital, Larry was an equity investment analyst covering computer hardware, software, communications equipment, computer services and imaging. Prior to joining Capital, he was an economic consultant and research analyst for Data Resources, Inc. in Los Angeles. Larry holds a bachelor’s degree in economics from Occidental College, graduating cum laude, and the Chartered Financial Analyst® designation. Larry is based in San Francisco.
Investment Advisor(s)
Capital Research and Management Company
Issuer
American Funds
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