American Funds Growth Portfolio Class 529-E (CGPEX)
| Fund Assets | 21.42B |
| Expense Ratio | 1.01% |
| Min. Investment | $250 |
| Turnover | 1.00% |
| Dividend (ttm) | 1.42 |
| Dividend Yield | 5.11% |
| Dividend Growth | 358.12% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 27, 2024 |
| Previous Close | 27.85 |
| YTD Return | 10.66% |
| 1-Year Return | 9.01% |
| 5-Year Return | 67.74% |
| 52-Week Low | 21.30 |
| 52-Week High | 27.85 |
| Beta (5Y) | n/a |
| Holdings | 7 |
| Inception Date | May 18, 2012 |
About CGPEX
American Funds Growth Portfolio Class 529-E is a mutual fund that primarily seeks long-term capital growth by investing in a diversified mix of growth-oriented equities. Since its inception on May 18, 2012, the fund has focused on U.S. companies with strong growth potential, complemented by a significant allocation to non-U.S. equities to provide global exposure. The portfolio's sector allocation is heavily weighted towards technology, industrials, consumer discretionary, and healthcare sectors, reflecting its growth investment style. It carries no exposure to bonds, emphasizing equity growth opportunities. This fund is structured as part of the American Funds Portfolio Series tailored for 529 college savings plans, allowing investors to pursue growth in education savings with relatively low minimum investments and moderate fees. The fund employs a managed approach that seeks to capitalize on long-term trends across various industries, making it a notable option within the aggressive growth category targeting future-oriented capital appreciation.
Performance
CGPEX had a total return of 9.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.65%.
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 | $1.422 | Dec 30, 2024 |
| Dec 27, 2023 | $0.3104 | Dec 28, 2023 |
| Dec 29, 2022 | $1.7049 | Dec 29, 2022 |
| Dec 29, 2021 | $0.8998 | Dec 30, 2021 |
| Dec 23, 2020 | $0.0541 | Dec 24, 2020 |
| Dec 27, 2019 | $1.0633 | Dec 30, 2019 |