Markets

Is American Funds Growth Fund of America A Fund (AGTHX) Worth Another Look?

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American Funds Growth Fund of America A ( AGTHX ) a Zacks Ranked #3 (Hold) was incepted in December 1973 and is managed by Capital Research and Management Company. The main objective of AGTHX is to provide long-term growth of capital through a diversified portfolio of common stocks. AGTHX normally invests in companies that offer opportunities for long term growth, and may also consider cyclical companies, depressed industries, and turnaround and value situations. AGTHX's 15% assets are invested in securities of issuers domiciled outside the U.S. and not included in the S&P 500. AGTHX may also invest up to 10% of assets in debt securities rated below investment grade.

This Large Blend product, as of the last filing, allocates their fund in four major groups; Large Growth, Large Value, Small Growth and Foreign Stock. Further, as of the last filing, Amazon.com, Inc, Alphabet Inc and Home Depot, Inc were the top holdings for AGTHX.

American Funds Growth Fund of America A, managed by American Funds , carries an expense ratio of 0.65%. Moreover, AGTHX requires a minimal initial investment of $250.

AGTHX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 11.4% and 5 year 10.3%. To see how this fund performed compared in its category, please click here .

AGTHX's performance, as of the last filing, when compared to funds in its category was in the top 22% in 1 year, top 21% over the past 3 years, and in the 26% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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