American Funds The Growth Fund of America® Class R-2E (RGEBX)
| Fund Assets | 301.59B |
| Expense Ratio | 1.10% |
| Min. Investment | $250 |
| Turnover | 25.00% |
| Dividend (ttm) | 6.38 |
| Dividend Yield | 8.18% |
| Dividend Growth | 44.52% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 78.68 |
| YTD Return | 9.13% |
| 1-Year Return | 19.71% |
| 5-Year Return | 100.40% |
| 52-Week Low | 59.68 |
| 52-Week High | 81.53 |
| Beta (5Y) | n/a |
| Holdings | 318 |
| Inception Date | Aug 29, 2014 |
About RGEBX
American Funds The Growth Fund of America Class R-2E is a mutual fund designed to pursue long-term capital growth by investing primarily in a diversified portfolio of U.S. and multinational companies with strong growth prospects. Managed by a veteran team at Capital Group, the fund maintains a large-cap growth orientation and is classified in the large growth category. Its portfolio typically features leading firms in technology, communication services, and consumer cyclical sectors—recent top holdings include companies like Meta Platforms, Microsoft, Amazon, Broadcom, and NVIDIA. Tailored with retirement plans in mind, this share class (R-2E) is structured for retirement plan sponsors and participants, offering a relatively low minimum investment and a focus on long-term wealth accumulation. The fund manages substantial assets and is widely regarded for its diversified approach and experienced management team, making it a significant presence within the growth mutual fund space.
Performance
RGEBX had a total return of 19.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.44%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FZANX | Fidelity | Fidelity Advisor New Insights Fund - Class Z | 0.53% |
| FNICX | Fidelity | Fidelity Advisor New Insights Fund - Class C | 1.65% |
| FFIDX | Fidelity | Fidelity Fund | 0.43% |
| FDESX | Fidelity | Fidelity Advisor Diversified Stock Fund - Class O | 0.41% |
| FNITX | Fidelity | Fidelity Advisor New Insights Fund - Class M | 1.15% |
Top 10 Holdings
34.34% of assets| Name | Symbol | Weight |
|---|---|---|
| Meta Platforms, Inc. | META | 5.51% |
| Microsoft Corporation | MSFT | 4.69% |
| Amazon.com, Inc. | AMZN | 4.03% |
| NVIDIA Corporation | NVDA | 3.90% |
| Capital Group Central Cash Fund | n/a | 3.69% |
| Eli Lilly and Company | LLY | 3.14% |
| Broadcom Inc. | AVGO | 2.78% |
| Netflix, Inc. | NFLX | 2.48% |
| Alphabet Inc. | GOOG | 2.13% |
| Vertex Pharmaceuticals Incorporated | VRTX | 2.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $6.381 | Dec 19, 2024 |
| Dec 15, 2023 | $4.4152 | Dec 18, 2023 |
| Dec 16, 2022 | $1.841 | Dec 19, 2022 |
| Dec 17, 2021 | $6.014 | Dec 20, 2021 |
| Dec 18, 2020 | $2.735 | Dec 21, 2020 |
| Dec 20, 2019 | $3.4315 | Dec 23, 2019 |