Detailed Fund Information
The Growth Fund of America® (growth fund)
Updated April 22, 2014, 3:13PM Pacific time
|Net Asset Value (NAV)||$43.39|
(All prices are subject to revision.)
Historical Prices & Distributions
Ticker Symbols & Fund Numbers
|CUSIP Number||399874 82 5|
|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)||6,164,804|
|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. 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|
|March 31, 2014 (most recent month-end)|
|March 31, 2014 (most recent quarter-end)|
|The Growth Fund of America||0.44%|
|Lipper Large-Cap Growth Funds Average||0.94%|
12-Month Distribution Rates‡
As of March 31, 2014 (updated monthly)
Annualized 30-Day SEC Yield‡
As of March 31, 2014 (updated monthly)
|At net asset value||0.62%|
Largest Industry Holdings
% of net assets as of March 31, 2014 (updated quarterly)
|Oil, gas & consumable fuels||7.5%|
|Internet software & services||5.5%|
|Semiconductors & semiconductor equipment||4.4%|
|Internet & catalog retail||4.4%|
|Aerospace & defense||3.0%|
|Health care providers & services||2.9%|
(updated quarterly, upon availability)
(as of March 31, 2014)
as of March 31, 2014 (updated monthly)
|Cash & Equivalents||7.9%|
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 March 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.
The world's largest home improvement retailer.
An oil and gas exploration and production company with global operations.
Provides media and television broadcasting services worldwide.
Provides managed health care services across the U.S.
Major supplier of database management software. Also develops business applications and provides consulting and support.
Philip Morris International
One of the world's largest international tobacco companies.
The world's leading athletic shoe company. Also operates shoe and sportswear stores.
|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.
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 F-2 shares were first offered on August 1, 2008. Class F-2 share results prior to the date of first sale are hypothetical based on Class A share results without a sales charge, adjusted for typical estimated expenses. View dates of first sale and specific expense adjustment information for Class F-2 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 institutional load funds, excluding funds of funds, for the most recent fiscal year-ends available as of March 31, 2014. Expenses are as of the funds prospectus. The expense ratios do not reflect sales charges or fees charged by financial intermediaries.
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.