About GFACX
American Funds The Growth Fund of America Class C is a mutual fund designed to pursue long-term capital appreciation by investing predominantly in common stocks of U.S. companies. As part of the large-growth category, the fund targets businesses that exhibit above-average growth potential, focusing on established and innovative firms with strong earnings prospects. Its portfolio is broadly diversified, featuring significant holdings in major technology, healthcare, and consumer companies such as Meta Platforms, Microsoft, Amazon, Alphabet, and NVIDIA. Managed by Capital Research and Management Company, the fund employs a flexible approach to growth investing, seeking opportunities in both traditional growth stocks and companies undergoing cyclical changes or turnarounds. With a history dating back to 1973 and overseen by a seasoned management team, the fund has established itself as a core holding for growth-oriented investors and retirement portfolios, aiming to deliver growth by adapting to evolving market trends while managing risk through diversification.
Fund Family Capital Group
Category Large Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol GFACX
Share Class Class C
Index S&P 500 TR
GFACX had a total return of 14.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.61%.
