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American Funds Growth Fund of Amer R1 (RGAAX)

Nasdaq - Nasdaq Delayed price. Currency in USD
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63.29+0.23 (+0.36%)
At close: 08:00PM EDT

American Funds Growth Fund of Amer R1

San Francisco, CA 94105-1409

One Market, Steuart Tower, Suite 1800

The Growth Fund of America, Inc.

(415) 421-9360
Management information
Lawrence R. Solomon,Lead manager since 30 April 2010
Lawrence R. Solomon is an equity portfolio manager at Capital Group. He has 38 years of investment experience and has been with Capital Group for 37 years. Earlier in his career at Capital, Larry was an equity investment analyst covering computer hardware, software, communications equipment, computer services and imaging. Prior to joining Capital, he was an economic consultant and research analyst for Data Resources, Inc. in Los Angeles. Larry holds a bachelor’s degree in economics from Occidental College, graduating cum laude, and the Chartered Financial Analyst® designation. Larry is based in San Francisco.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.

Fund overview

CategoryLarge Growth
Fund familyAmerican Funds
Net assets269.1B
YTD return9.02%
Yield0.00%
Morningstar rating★★
Inception date29 Nov 1973

Fund operations

Last dividend0.01
Last cap gain52.00
Holdings turnover31.00%
Average for categoryN/A

Fees and expenses

ExpenseRGAAXCategory average
Annual report expense ratio (net)0.63%0.99%
Prospectus net expense ratio0.63%N/A
Prospectus gross expense ratio0.63%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.36%
Max deferred sales loadN/A1.33%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A