Detailed Fund Information
The Growth Fund of America® (growth fund)
Updated March 7, 2014, 3:16PM Pacific time
|Net Asset Value (NAV)||$44.25|
|Maximum Offering Price (MOP)||$46.95|
(All prices are subject to revision.)
Historical Prices & Distributions
Ticker Symbols & Fund Numbers
|CUSIP Number||399874 50 2|
|Fund Objective||The fund's investment objective is to provide growth of capital.|
|Distinguishing Characteristics||Has the flexibility to invest wherever the best growth opportunities may be.|
|Types of Investments||Invests at least 65% of its assets in common stocks. May also invest in convertibles, preferred stocks, U.S. government securities, bonds and cash equivalents.|
|Non-U.S. Holdings||The fund may invest up to 25% of its assets in securities of issuers domiciled outside the United States.|
|Minimum Initial Investment||$250|
|Shareholder Accounts (aggregated for all share classes; updated monthly)||6,166,629|
|Regular Dividends Paid||December|
|Capital Gains Paid||December|
|Fund Inception||December 1, 1973|
The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown. Results shown at net asset value have all distributions reinvested. If a sales charge had been deducted, the results would have been lower. Share price and return will vary, so investors may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. Returns with sales charge for Class 529-A shares reflect payment of the 5.75% maximum sales charge at the beginning of the stated periods. Definitions and other important legal information about these prices and returns are shown below.
Rates of Return*
|Average Annual Total Returns|
|1 yr||3 yrs||5 yrs||10 yrs||Fund Lifetime|
|February 28, 2014 (most recent month-end)|
|With sales charge||23.66%||12.28%||20.48%||7.47%||13.60%|
|December 31, 2013 (most recent quarter-end)|
|With sales charge||26.02%||13.00%||16.84%||7.62%||13.57%|
|The Growth Fund of America||0.77%|
|Lipper Large-Cap Growth Funds Average||1.23%|
12-Month Distribution Rates‡
As of January 31, 2014 (updated monthly)
|With sales charge||0.24%|
Annualized 30-Day SEC Yield‡
As of January 31, 2014 (updated monthly)
|With sales charge||0.26%|
Largest Industry Holdings
% of net assets as of December 31, 2013 (updated quarterly)
|Oil, gas & consumable fuels||7.4%|
|Internet software & services||5.7%|
|Internet & catalog retail||5.0%|
|Semiconductors & semiconductor equipment||3.8%|
|Aerospace & defense||3.2%|
|Health care providers & services||2.8%|
(updated quarterly, upon availability)
(as of December 31, 2013)
as of January 31, 2014 (updated monthly)
|Cash & Equivalents||7.1%|
Assets and Portfolio Turnover (for fiscal years)
|Fiscal Year||Fund Assets (billions)||Portfolio Turnover|
Assets shown are for combined share classes.
Largest Equity Holdings
Percent of net assets as of January 31, 2014 (updated monthly)
One of the most frequently used website search engines in the world.
Major online retailer of books, CDs, DVDs, toys, apparel, home furnishings and other products.
Develops drugs to treat infectious diseases and cancer.
Provides media and television broadcasting services worldwide.
The world's largest home improvement retailer.
An oil and gas exploration and production company with global operations.
Provides managed health care services across the U.S.
Major supplier of database management software. Also develops business applications and provides consulting and support.
The world's leading athletic shoe company. Also operates shoe and sportswear stores.
Biopharmaceutical company focused on treating severe and ultra-rare disorders.
|Number of years with American Funds or affiliates|
|Donnalisa Parks Barnum||27|
|Barry S. Crosthwaite||17|
|J. Blair Frank||19|
|Gregg E. Ireland||41|
|Carl M. Kawaja||22|
|Michael T. Kerr||28|
|Ronald B. Morrow||16|
|Donald D. O'Neal||28|
|James F. Rothenberg||43|
|Bradley J. Vogt||26|
(as of the prospectus dated November 1, 2013)
The portfolio managers shown are reflected in the fund’s most recent prospectus.
CollegeAmerica is sponsored by Virginia529. But you can invest no matter where you live, and your beneficiary can go to school in any state. However, if you reside in a state other than Virginia, there may be an in-state plan that offers tax and other benefits not available in CollegeAmerica. Before investing in any states 529 plan, you should consult your tax adviser.
Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch, as an indication of an issuer's creditworthiness.
* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. Class 529-A shares were first offered on February 15, 2002. Class 529-A share results prior to the date of first sale are hypothetical based on Class A share results without a sales charge, adjusted for estimated additional annual expenses. View dates of first sale and specific expense adjustment information for Class 529-A shares.
When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.
Source for Lipper expense ratio comparison: Lipper, based on front-end load funds, excluding funds of funds, for the most recent fiscal year-ends available as of December 31, 2013. The funds expense ratio is as of the funds prospectus. The expense ratios do not reflect sales charges.
The SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities, while the distribution rate reflects the fund's past dividends paid to shareholders. Accordingly, the fund's SEC yield and distribution rate may differ.