Morningstar

American Funds Growth and Income Portfolio Class ABLE-A CGNGX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Capital Group Investment Hub

Morningstar’s Analysis CGNGX

Will CGNGX outperform in the future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CGNGX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CGNGX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CGNGX’s parent organization’s priorities and whether they’re in line with investors’ interests.

High-quality management and approach.

Analyst Stephen Margaria

Stephen Margaria

Analyst

Summary

American Funds Growth and Income series’ topnotch management team, distinguished objectives-based approach, and excellent lineup of underlying funds help these portfolios stand out as a strong choice in the competitive target-risk arena. The series’ four portfolios are available as model portfolios and separate accounts, while the Conservative Growth and Income, Moderate Growth and Income, and Growth and Income portfolios are also offered as mutual funds.

by Stephen Margaria
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