American Funds Growth and Income Portfolio Class C (GAITX)
| Fund Assets | 19.45B |
| Expense Ratio | 1.42% |
| Min. Investment | $250 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 3.71% |
| Dividend Growth | 110.42% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 25, 2025 |
| Previous Close | 20.72 |
| YTD Return | 9.92% |
| 1-Year Return | 12.64% |
| 5-Year Return | 62.35% |
| 52-Week Low | 17.21 |
| 52-Week High | 20.80 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | May 18, 2012 |
About GAITX
American Funds Growth and Income Portfolio Class C is a mutual fund designed to offer investors a balance between long-term capital growth and current income. The fund achieves this by investing in a diversified mix of other American Funds, primarily targeting equity funds in the growth, growth-and-income, equity income, and balanced categories. Its underlying holdings are composed largely of large-cap U.S. and global equities, diversified further with a selection of fixed-income assets such as U.S. and international bonds. This approach provides broad exposure to a variety of sectors, including information technology, industrials, financials, and health care, which helps to mitigate risk while pursuing growth opportunities. Managed by Capital Research and Management Company, the fund is structured as a fund of funds, which means its performance and risk profile reflect the aggregate strategies of its underlying investments. Class C shares of this portfolio are particularly noted for their level-load fee structure, with a competitive expense ratio and no upfront sales charge, though a deferred sales charge may apply if shares are sold within the first year. The fund distributes income quarterly and may suit investors looking for a core holding that combines active management, diversification, and the dual objectives of growth and income over the long term.
Performance
GAITX had a total return of 12.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.35%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQWX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class Z | 0.56% |
| FBKFX | Fidelity | Fidelity Balanced K6 Fund | 0.32% |
| FASDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class A | 0.92% |
| FTSDX | Fidelity | Fidelity Advisor Strategic Dividend & Income Fund - Class M | 1.17% |
| FASGX | Fidelity | Fidelity Asset Manager 70% Fund | 0.64% |
Top 10 Holdings
95.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Investment Company of America® Class R-6 | RICGX | 19.72% |
| American Funds Capital World Growth and Income Fund® Class R-6 | RWIGX | 15.03% |
| American Funds Capital Income Builder® Class R-6 | RIRGX | 10.20% |
| American Funds American Balanced Fund® Class R-6 | RLBGX | 10.06% |
| American Funds Washington Mutual Investors Fund Class R-6 | RWMGX | 10.04% |
| American Funds SMALLCAP World Fund® Class R-6 | RLLGX | 7.73% |
| American Funds The Growth Fund of America® Class R-6 | RGAGX | 6.94% |
| American Funds Strategic Bond Fund Class R-6 | RANGX | 5.15% |
| American Funds The Bond Fund of America® Class R-6 | RBFGX | 5.12% |
| American Funds Multi-Sector Income R-6 | RMDUX | 5.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2025 | $0.0455 | Jun 26, 2025 |
| Mar 26, 2025 | $0.0271 | Mar 27, 2025 |
| Dec 27, 2024 | $0.670 | Dec 30, 2024 |
| Sep 25, 2024 | $0.0269 | Sep 26, 2024 |
| Jun 25, 2024 | $0.0487 | Jun 26, 2024 |
| Mar 25, 2024 | $0.029 | Mar 26, 2024 |