American Funds Growth Portfolio Class 529-A (CGPAX)
| Fund Assets | 21.42B |
| Expense Ratio | 0.80% |
| Min. Investment | $250 |
| Turnover | 1.00% |
| Dividend (ttm) | 1.47 |
| Dividend Yield | 5.06% |
| Dividend Growth | 318.21% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 28.11 |
| YTD Return | 10.19% |
| 1-Year Return | 9.19% |
| 5-Year Return | 69.66% |
| 52-Week Low | 21.57 |
| 52-Week High | 28.11 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| 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 9.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.87%.
Top 10 Holdings
100.02% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 25.09% |
| American Funds New Perspective Fund® Class R-6 | RNPGX | 15.21% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 15.07% |
| American Funds AMCAP Fund® Class R-6 | RAFGX | 14.87% |
| American Funds Investment Company of America® Class R-6 | RICGX | 10.00% |
| American Funds Fundamental Investors® Class R-6 | RFNGX | 9.94% |
| American Funds The New Economy Fund® Class R-6 | RNGGX | 9.85% |
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 |