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GFAFX American Funds Growth Fund of Amer F1

  • Fund
  • GFAFX
  • Price as of: Oct 17, 2017
  • $50.17
  • + $0.02
  • + 0.04%
  • Category
  • Large Cap Growth Equities

GFAFX - Profile

Vitals

  • YTD Return 20.1%
  • 3 Yr Annualized Return 11.4%
  • 5 Yr Annualized Return 15.0%
  • Net Assets $169 B
  • Holdings in Top 10 26.7%

52 WEEK LOW AND HIGH

$50.17
$41.77
$50.17

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.71%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 31.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250

IRA

$25

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 20.1%
  • 3 Yr Annualized Total Return 11.4%
  • 5 Yr Annualized Total Return 15.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.52%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Funds The Growth Fund of America®
  • Fund Family Name American Funds
  • Inception Date Mar 15, 2001
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Michael T. Kerr

GFAFX - Performance

Return Ranking - Trailing

Period GFAFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 20.1% -97.0% 36.5% 46.48% 3
1 Yr 19.8% -52.0% 75.7% 40.31% 3
3 Yr 11.4% * -15.1% 30.2% 28.30% 2
5 Yr 15.0% * -3.3% 20.4% 18.73% 1
10 Yr 7.3% * 0.6% 12.6% 53.18% 3

* Annualized


Return Ranking - Calendar

Period GFAFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 1.8% -56.6% 121.2% 30.58% 2
2015 -3.3% -40.3% 11.4% 42.56% 3
2014 -0.7% -30.1% 42.9% 56.96% 4
2013 25.2% -11.8% 56.4% 57.35% 3
2012 19.5% -21.6% 29.1% 6.15% 1

Total Return Ranking - Trailing

Period GFAFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 20.1% -97.0% 36.5% 46.66% 3
1 Yr 19.8% -71.3% 2606.2% 31.49% 2
3 Yr 11.4% * -21.9% 43.7% 25.18% 2
5 Yr 15.0% * -4.4% 20.4% 16.75% 1
10 Yr 7.3% * 0.0% 12.6% 49.96% 3

* Annualized


Total Return Ranking - Calendar

Period GFAFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 1.8% -56.6% 126.1% 33.98% 2
2015 5.8% -17.8% 28.8% 34.04% 2
2014 11.0% -10.0% 382.6% 60.64% 4
2013 48.8% -2.9% 615.0% 44.85% 3
2012 33.3% -100.0% 357.8% 21.62% 2

NAV & Total Return History

GFAFX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

GFAFX Category Low Category High GFAFX % Rank Quintile
Net Assets 169 B 373 K 169 B 0.06% 1
Number of Holdings 365 1 2176 2.19% 1
Net Assets in Top 10 41.3 B 0 42.4 B 0.13% 1
Weighting of Top 10 26.7% 0.0% 150.9% 26.29% 5

Top 10 Holdings

  1. Amazon.com Inc 6.54%
  2. The Home Depot Inc 2.16%
  3. UnitedHealth Group Inc 2.33%
  4. Broadcom Ltd 2.96%
  5. Microsoft Corp 2.65%
  6. Netflix Inc 2.31%
  7. Alphabet Inc C 2.35%
  8. Facebook Inc A 2.14%
  9. Alphabet Inc A 1.64%
  10. Samsung Electronics Co Ltd 1.64%

Asset Allocation

Weighting Category Low Category High GFAFX % Rank Quintile
Stocks
90.90% 0.00% 105.74% 22.56% 5
Cash
7.45% -5.74% 100.00% 2.57% 1
Bonds
1.37% 0.00% 77.09% 1.74% 1
Preferred Stocks
0.21% 0.00% 5.84% 1.93% 1
Other
0.07% -4.38% 24.55% 8.48% 2
Convertible Bonds
0.00% 0.00% 2.68% 0.84% 4

Stock Sector Breakdown

Weighting Category Low Category High GFAFX % Rank Quintile
Technology
25.28% -1.29% 54.16% 17.99% 4
Consumer Cyclical
19.81% -2.22% 35.09% 5.72% 1
Healthcare
12.30% -1.03% 95.08% 22.24% 4
Financial Services
10.16% -2.38% 37.27% 18.83% 3
Energy
6.94% -1.24% 16.17% 2.76% 1
Industrials
6.08% -0.37% 26.97% 22.04% 4
Consumer Defense
4.94% -1.43% 23.04% 17.74% 4
Communication Services
3.16% 0.00% 14.37% 10.22% 3
Basic Materials
1.95% -1.18% 21.47% 14.97% 3
Real Estate
0.27% -0.02% 11.06% 14.40% 3
Utilities
0.00% -0.18% 10.82% 8.80% 4

Stock Geographic Breakdown

Weighting Category Low Category High GFAFX % Rank Quintile
US
75.35% 0.00% 101.47% 28.41% 5
Non US
15.55% 0.00% 90.05% 2.44% 1

Bond Sector Breakdown

Weighting Category Low Category High GFAFX % Rank Quintile
Cash & Equivalents
8.21% -12.35% 100.00% 2.13% 1
Government
0.55% 0.00% 28.25% 1.61% 1
Corporate
0.20% 0.00% 51.17% 4.26% 1
Derivative
0.00% -5.28% 10.62% 0.77% 4
Securitized
0.00% 0.00% 15.94% 0.77% 4
Municipal
0.00% 0.00% 5.83% 0.58% 4

Bond Geographic Breakdown

Weighting Category Low Category High GFAFX % Rank Quintile
US
1.31% -24.92% 64.43% 1.54% 1
Non US
0.06% 0.00% 42.95% 1.48% 1

GFAFX - Expenses

Operational Fees

GFAFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.71% 0.00% 24.91% 14.86% 1
Management Fee 0.27% 0.00% 1.50% 4.88% 1
12b-1 Fee 0.25% 0.00% 1.00% 1.25% 3
Administrative Fee 0.05% 0.00% 1.00% 3.40% 2

Sales Fees

GFAFX Fees (% of AUM) Category Low Category High GFAFX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

GFAFX Fees (% of AUM) Category Low Category High GFAFX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

GFAFX Fees (% of AUM) Category Low Category High GFAFX Rank Quintile
Turnover 31.00% 0.00% 601.00% 11.07% 2

GFAFX - Distributions

Dividend Yield Analysis

GFAFX Category Low Category High GFAFX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.83% 32.95% 2

Dividend Distribution Analysis

GFAFX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

GFAFX Category Low Category High GFAFX % Rank Quintile
Net Income Ratio 0.52% -13.37% 3.70% 7.59% 2

Capital Gain Distribution Analysis

GFAFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

GFAFX - Managers

Michael T. Kerr

Manager

Start Date

Nov 01, 1998

Tenure

18.93

Tenure Rank

1.1%

Michael T. Kerr is an equity portfolio manager at Capital Group. Earlier in his career, as an equity investment analyst at Capital, he covered global oil & gas companies and U.S. multi-utilities. Prior to joining Capital, Mike was an exploration geophysicist with Cities Service Company. He holds an MBA from Harvard Business School, where he was awarded first-year honors, and a bachelor’s degree in geological sciences from Harvard University graduating cum laude.


Barry S. Crosthwaite

Manager

Start Date

Nov 01, 2007

Tenure

9.92

Tenure Rank

4.8%

Barry S. Crosthwaite is an equity portfolio manager at Capital Group. He has 20 years of investment experience, all with Capital Group. Earlier in his career at Capital, as an equity investment analyst, he covered U.S. electrical equipment/appliances, global energy equipment, and oil field services & drilling companies, as well as North American communications & networking equipment companies. Barry holds an MBA from Stanford Graduate School of Business and a bachelor’s degree in chemistry from Occidental College graduating magna cum laude. Barry is based in San Francisco.


Donald D. O'Neal

Manager

Start Date

Nov 01, 1993

Tenure

23.93

Tenure Rank

0.5%

Donald D. O’Neal is an equity portfolio manager at Capital Group. He has 31 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.


James Terrile

Manager

Start Date

Nov 01, 2008

Tenure

8.92

Tenure Rank

5.4%

James Terrile is an equity portfolio manager at Capital Group. He has 22 years of investment experience and has been with Capital Group for 20 years. Earlier in his career, as an equity investment analyst at Capital, he covered U.S. health care supplies & equipment, pharmaceutical and biotech companies. Prior to joining Capital, James was an equity research analyst for Gabelli Asset Management Company in New York. He holds an MBA from Columbia Business School with Beta Gamma Sigma distinction and a bachelor’s degree in music from William Paterson University graduating magna cum laude. James is based in Los Angeles.


Martin Romo

Manager

Start Date

Nov 01, 2010

Tenure

6.92

Tenure Rank

7.1%

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 25 years of investment experience and has been with Capital Group for 24 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. Martin is based in San Francisco.


Carl M. Kawaja

Manager

Start Date

Nov 01, 2010

Tenure

6.92

Tenure Rank

7.1%

Carl Kawaja is a portfolio manager, a director of Capital International Asset Management and a senior vice president of Capital Research Company. Prior to joining the Capital Group organization in 1991, Carl was a security analyst for Gabelli and Co. in New York, as well as an equity analyst for Levesque Beaubien Inc. in Montreal. Carl received a bachelor's degree in history from Brown University and an MBA from Columbia University Graduate School of Business. He is based in San Francisco.


J. Blair Frank

Manager

Start Date

Nov 01, 2001

Tenure

15.92

Tenure Rank

1.8%

Frank is Senior Vice President of Capital Research and Management Company. He has been an investment professional since 1993 with 20 years at Capital Research and Management or affiliate.


Ronald B. Morrow

Manager

Start Date

Nov 01, 2004

Tenure

12.92

Tenure Rank

3.0%

Morrow is a senior vice president of Capital World Investors.


Lawrence R. Solomon

Manager

Start Date

May 01, 2010

Tenure

7.42

Tenure Rank

6.7%

Lawrence R. Solomon is an equity portfolio manager at Capital Group. As an equity investment analyst at Capital, he covers U.S. and European software. He is also chairman and president of Capital Management Services, Inc. He has 33 years of investment experience and has been with Capital Group for 32 years. Earlier in his career at Capital, as an equity investment analyst, Larry’s coverage included U.S. technology and imaging, as well as global telecom equipment and software manufacturers. 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.


Alan J. Wilson

Manager

Start Date

Nov 03, 2012

Tenure

4.91

Tenure Rank

8.8%

Alan J. Wilson is a portfolio manager at Capital Group. He has 31 years of investment experience and has been with Capital Group for 25 years. As an equity investment analyst at Capital, he covered U.S. construction & housing, machinery & engineering, energy companies, personal care, and household products. Before joining Capital, Alan was a consultant with The Boston Consulting Group and an engineer with Texas Eastern Corp. He holds an MBA from Harvard Business School and a bachelor’s degree in civil engineering from Massachusetts Institute of Technology. Alan is based in Los Angeles.


Christopher D. Buchbinder

Manager

Start Date

Nov 01, 2013

Tenure

3.92

Tenure Rank

9.8%

Christopher D. Buchbinder is an equity portfolio manager at Capital Group. He has 21 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.


Jody F. Jonsson

Manager

Start Date

Mar 01, 2016

Tenure

1.58

Tenure Rank

12.2%

Joanna F. Jonsson is an equity portfolio manager. She has 27 years of investment experience with 25 years at Capital. As an equity analyst at Capital, her coverage included insurance, U.S. household & personal care, restaurants & lodging and cruise lines companies. Jody holds an MBA from Stanford Graduate School of Business and a bachelor’s degree in economics from Princeton University graduating cum laude. She holds the Chartered Financial Analyst® designation and is a member of the CFA Institute. Jody is based in Los Angeles.


Tenure Analysis

Category Low

0.0

Category High

49.8

Category Average

7.53

Category Mode

2.8