About CGNFX
American Funds Growth and Income Portfolio 529-F-1 is a mutual fund designed to achieve a balance between long-term capital growth and current income. The portfolio invests across a diversified mix of U.S. and international equities as well as fixed income securities. As of early 2025, its asset allocation consists of approximately 59% U.S. equities, 18% non-U.S. equities, and 19% in bonds, including both domestic and international issues, with a smaller allocation to cash and equivalents. This diversified approach aims to deliver steady growth, while the fixed income component provides income and helps mitigate market volatility.
Sector exposures are broad, with significant investments in information technology, industrials, financials, and health care, among others, reflecting its diversified, multi-sector orientation. The fund pays regular dividends quarterly, with capital gains typically distributed annually in December. Founded in 2012 and managed by American Funds, this portfolio is tailored for investors seeking growth potential while maintaining an emphasis on income generation and risk management over time. Its risk and return characteristics are shaped by a relatively conservative asset allocation and a low portfolio turnover rate, supporting its role as a core holding for education-focused and long-term investment strategies.
Fund Family Capital Group
Category Allocation--70% to 85% Equity
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol CGNFX
Share Class Class 529-f-1
Index S&P 500 TR
CGNFX had a total return of 15.54% in the past year, including dividends.
Since the fund's inception, the average annual return has been 10.70%.
