About GFAFX
American Funds The Growth Fund of America Class F-1 is a large growth mutual fund managed by Capital Research and Management Company. Established in 1973, this fund’s core objective is to achieve capital growth by investing primarily in common stocks of companies that present strong growth opportunities. The portfolio is broadly diversified, with a focus on leading U.S. and global firms, including prominent holdings in the technology, healthcare, and consumer sectors. Major positions have recently included companies such as Meta Platforms, Microsoft, Alphabet, Amazon.com, and NVIDIA, reflecting the fund’s focus on industry leaders and innovators.
The fund employs a multi-manager approach, dividing assets among several experienced portfolio managers, allowing for distinct investment styles and thorough research-driven selection. With total assets exceeding $270 billion, it stands as one of the largest actively managed funds in its category. The fund’s competitive expense ratio and moderate turnover rate make it a popular choice as a core equity holding for long-term growth-oriented investors and retirement plans. It also allows for international diversification, with the ability to invest up to a quarter of assets outside the United States, enhancing its potential for capturing global growth trends.
Fund Family Capital Group
Category Large-Cap Growth
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol GFAFX
Share Class Class F-1
Index S&P 500 TR
GFAFX had a total return of 11.46% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.49%.
