Skip to Content

American Funds Growth Fund of Amer A AGTHX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 76.39  /  +0.73 %
  • Total Assets 288.4 Bil
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.630%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 0.47%
  • Turnover 31%

USD | NAV as of Jul 16, 2024 | 1-Day Return as of Jul 16, 2024, 10:12 PM GMT+0

Morningstar’s Analysis AGTHX

Will AGTHX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A Manager Retirement on American Funds Growth Fund of America; Ratings Unchanged

null Stephen Welch

Stephen Welch

Analyst Note

American Funds’ parent Capital Group announced that veteran manager Donald O’Neal will step off American Funds Growth Fund of America and retire from the firm on Jan. 1, 2025. O’Neal has spent all of his 38 years in the industry at Capital Group and has been a manager here since 1993. He has also served as this strategy’s lead principal investment officer, in charge of allocating capital across the managers’ independently run sleeves. On Sept. 1, 2024, Anne-Marie Peterson will transition into this role. She has served as one of the strategy’s principal investment officers for several years, so this should be a relatively seamless transition. Mark Casey, who has served as a manager here for 11 years, will take over as the principal investment officer of the Capital International Investors subsidiary, replacing O’Neal. While O’Neal’s retirement is a loss, it is one that Capital Group is equipped to handle. These changes do not alter the strategy’s Above Average People rating or its Morningstar Medalist Ratings.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings AGTHX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 31.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

6.19 17.1 Bil
Technology

Meta Platforms Inc Class A

5.39 14.9 Bil
Communication Services

Capital Group Central Cash Fund

4.36 12.0 Bil
Cash and Equivalents

Amazon.com Inc

3.64 10.0 Bil
Consumer Cyclical

Broadcom Inc

3.63 10.0 Bil
Technology

NVIDIA Corp

2.63 7.2 Bil
Technology

Eli Lilly and Co

2.22 6.1 Bil
Healthcare

Alphabet Inc Class C

1.93 5.3 Bil
Communication Services

GE Aerospace

1.91 5.3 Bil
Industrials

Netflix Inc

1.89 5.2 Bil
Communication Services