American Funds The Growth Fund of America® Class 529-C (CGFCX)
| Fund Assets | 301.59B |
| Expense Ratio | 1.44% |
| Min. Investment | $250 |
| Turnover | 25.00% |
| Dividend (ttm) | 6.38 |
| Dividend Yield | 9.21% |
| Dividend Growth | 48.36% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 69.30 |
| YTD Return | 8.52% |
| 1-Year Return | 18.54% |
| 5-Year Return | 101.89% |
| 52-Week Low | 53.31 |
| 52-Week High | 73.59 |
| Beta (5Y) | n/a |
| Holdings | 318 |
| Inception Date | Feb 15, 2002 |
About CGFCX
American Funds The Growth Fund of America 529-C is an open-end mutual fund designed to provide long-term capital growth. As part of the large-growth category, the fund primarily invests in the common stocks of large U.S. companies expected to deliver above-average earnings growth. Managed through a distinct multi-manager system, its portfolio is segmented, allowing several seasoned managers to independently select securities, which can include both steady growth stocks and more opportunistic cyclical or turnaround plays. The fund’s holdings span key sectors such as technology, communication services, consumer cyclical, and healthcare, with significant investments in industry leaders like Microsoft, Meta Platforms, Amazon.com, and Broadcom. Up to 25% of assets may be allocated to foreign securities, providing additional diversification. With more than 300 holdings and one of the largest asset bases in its category, this fund plays a significant role in offering growth-oriented exposure for investors, particularly within 529 college savings plans. The fund also features annual dividend distributions and maintains an average risk and performance profile relative to its peers.
Performance
CGFCX had a total return of 18.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.55%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FZANX | Fidelity | Fidelity Advisor New Insights Fund - Class Z | 0.53% |
| FNICX | Fidelity | Fidelity Advisor New Insights Fund - Class C | 1.65% |
| FFIDX | Fidelity | Fidelity Fund | 0.43% |
| FDESX | Fidelity | Fidelity Advisor Diversified Stock Fund - Class O | 0.41% |
| FNITX | Fidelity | Fidelity Advisor New Insights Fund - Class M | 1.15% |
Top 10 Holdings
34.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 5.51% |
| Microsoft Corporation | MSFT | 4.69% |
| Amazon.com, Inc. | AMZN | 4.03% |
| NVIDIA Corporation | NVDA | 3.90% |
| Capital Group Central Cash Fund | n/a | 3.69% |
| Eli Lilly and Company | LLY | 3.14% |
| Broadcom Inc. | AVGO | 2.78% |
| Netflix, Inc. | NFLX | 2.48% |
| Alphabet Inc. | GOOG | 2.13% |
| Vertex Pharmaceuticals Incorporated | VRTX | 2.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $6.381 | Dec 19, 2024 |
| Dec 15, 2023 | $4.301 | Dec 18, 2023 |
| Dec 16, 2022 | $1.841 | Dec 19, 2022 |
| Dec 17, 2021 | $6.014 | Dec 20, 2021 |
| Dec 18, 2020 | $2.735 | Dec 21, 2020 |
| Dec 20, 2019 | $3.275 | Dec 23, 2019 |