Fund Evaluator:

American Funds Growth Fd of Amer A Overview

American Funds Growth Fd of Amer A (AGTHX) is an actively managed U.S. Equity Large Growth fund. Capital Group launched the fund in 1973.

The investment seeks growth of capital. The fund invests primarily in common stocks and seeks to invest in companies that appear to offer superior opportunities for growth of capital. It may invest up to 25% of its assets in securities of issuers domiciled outside the United States. The investment adviser uses a system of multiple portfolio managers in managing the fund's assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.

About American Funds Growth Fd of Amer A (AGTHX)

There are 12 members of the management team with an average tenure of 10.67 years: Eric Stern (2023), Christopher Buchbinder (2013), Martin Romo (2010), Julian Abdey (2021), Mark Casey (2012), Anne-Marie Peterson (2013), Roz Hongsaranagon (2023), Andraz Razen (2020), Aidan O'Connell (2023), Carl Kawaja (2010), J. Frank (2001), Alan Wilson (2012). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: S&P 500 (TR) (1970) index with a weighting of 100%. American Funds Growth Fd of Amer A has 339 securities in its portfolio. The top 10 holdings constitute 36.6% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

American Funds Growth Fd of Amer A is part of the Equity global asset class and is within the U.S. Equity fund group. American Funds Growth Fd of Amer A has 9.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 84.9%. There is 9.5% allocated to foreign stock, and 1.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). American Funds Growth Fd of Amer A has 3.2% of the portfolio in cash.

Assets Under Management

The fund has $181 billion in total assets, which is above the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

AGTHX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The American Funds Growth Fd of Amer A expense ratio is average compared to funds in the Large Growth category. American Funds Growth Fd of Amer A has an expense ratio of 0.59%, which is 39% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. American Funds Growth Fd of Amer A has a portfolio turnover rate of 32%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.

Recently, in the month of June 2026, American Funds Growth Fd of Amer A returned -0.6%, which earned it a grade of B, as the Large Growth category had an average return of -1.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

American Funds Growth Fd of Amer A has a trailing yield of 0.25%, which is above the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

American Funds Growth Fd of Amer A Grades

Year to date, the fund has returned 9.4%, 2.3 percentage points better than the category, which translates into a grade of B. The fund has returned 18.9% over the past year (grade of B), 23.4% over the past three years (grade of B) and 11.5% per year over the past five years (grade of B) and 16.2% per year over the past 10 years (grade of C).

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