American Funds Growth Portfolio 529A (CGPAX)
| Fund Assets | 24.35B |
| Expense Ratio | 0.80% |
| Min. Investment | $250 |
| Turnover | 1.00% |
| Dividend (ttm) | 1.47 |
| Dividend Yield | 4.70% |
| Dividend Growth | 318.21% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 30.06 |
| YTD Return | 19.58% |
| 1-Year Return | 14.65% |
| 5-Year Return | 69.08% |
| 52-Week Low | 21.57 |
| 52-Week High | 30.29 |
| Beta (5Y) | n/a |
| Holdings | 8 |
| Inception Date | May 18, 2012 |
About CGPAX
American Funds Growth Portfolio Class 529-A is an open-end mutual fund designed to provide long-term capital appreciation through a diversified allocation to growth-oriented equities. Structured as part of a 529 college savings plan, the fund invests primarily in a carefully selected mix of other American Funds growth funds, offering broad exposure to both domestic and international companies with strong growth potential. The portfolio’s holdings predominantly include large and mid-cap equities, but it can also feature smaller-cap and emerging market stocks, enhancing diversification across sectors and geographies. This fund is overseen by a seasoned management team and utilizes a multi-manager approach, which aims to mitigate risk and harness a variety of investment perspectives. With assets exceeding $19 billion, it holds a significant presence in the aggressive allocation category, targeting investors who seek long-term capital growth for educational or other extended financial goals. Notable features include a moderate expense ratio, annual dividend distributions, and a minimum investment requirement suitable for a range of investors. Through its emphasis on growth, global diversification, and disciplined management, American Funds Growth Portfolio Class 529-A plays a vital role in helping investors pursue ambitious future objectives.
Performance
CGPAX had a total return of 14.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.28%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Growth Fund of Amer R6 | RGAGX | 25.18% |
| American Funds New Perspective R6 | RNPGX | 14.96% |
| American Funds AMCAP R6 | RAFGX | 14.88% |
| American Funds SMALLCAP World R6 | RLLGX | 14.77% |
| American Funds New Economy R6 | RNGGX | 10.28% |
| American Funds Fundamental Invs R6 | RFNGX | 10.00% |
| American Funds Invmt Co of Amer R6 | RICGX | 9.96% |
| Cash And Other Assets Less Liablities | n/a | -0.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $1.4742 | Dec 30, 2024 |
| Dec 27, 2023 | $0.3525 | Dec 28, 2023 |
| Dec 29, 2022 | $1.7435 | Dec 29, 2022 |
| Dec 29, 2021 | $0.9007 | Dec 30, 2021 |
| Dec 23, 2020 | $0.0968 | Dec 24, 2020 |
| Dec 27, 2019 | $1.0981 | Dec 30, 2019 |