American Funds®
The Growth Fund of America® – Class F-3

  • Objective – The fund’s investment objective is to provide growth of capital.
  • Approach – The fund seeks opportunities in traditional growth stocks as well as cyclical companies and turnaround situations with significant potential for growth of capital.
  • Holdings – At least 65% of the fund’s assets are invested in common stocks. It 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 established outside the U.S.
  • Ticker – GAFFX

Top Equities

As of 12/31/2024


Important Information regarding American Funds The Growth Fund of America Class F-3 Fund (GFA): This fund was initially established on 12/1/1973. The values displayed are based on the official, daily total returns of the fund calculated in accordance with the SEC Form N-1A (prospectus) average annual total return quotation methodology. Historical daily return data includes hypothetical returns prior to the inception date of the F-3 share class on 1/27/2017. Hypothetical returns are calculated by adjusting the results of the original share class of the fund, without a sales charge, by the typical estimated expenses of the subsequent share class since inception. Past performance is not indicative of nor does it guarantee future performance. The results shown are hypothetical and do not reflect actual investment results. Actual results may differ.

Please be aware that sub-period returns, like the official 1-day return, will not match up exactly to longer-period returns when chain-linked together to generate longer-period returns. The return differences based on using the Form N-1A methodology versus the chain-linking methodology are small basis point differences for standard periods (1, 5, 10-year, etc.) but could be larger for longer periods, such as the lifetime of the fund.

This material provides information on American Funds® The Growth Fund of America® – Class F-3 and should be used in conjunction with the product prospectus.

Investing for growth, the fund offers a diversified approach to long-term capital appreciation to help investors pursue long-term goals.

A broad mandate

Unlike some growth funds with a narrow investment universe, the fund can invest wherever growth opportunities may be, including up to 25% of assets outside the U.S. These investments often include:

  • Traditional growth stocks
  • Stocks of companies that are cyclical
  • Stocks of companies that are depressed or in turnaround situations

Company-by-company approach

The fund is focused on companies – not on specific market capitalizations, industries or sectors. The managers rely on in-depth global research to find companies that they believe have sound fundamentals and sustainable competitive advantages. As of its fiscal year-end on 8/31/24, the fund’s portfolio included investments in approximately 293 companies.

Long-term focus

The investment professionals for the fund search for companies that they believe offer opportunities for capital appreciation over the long haul. This long-term focus has helped the fund outpace the S&P 500®, Russell 1000 Growth Index and more traditional large-capitalization growth investments from 12/31/1978 to 8/31/2024.

Sector Breakdown:

As of 12/31/2024

American Funds® The Growth Fund of America® – Class F-3 is not a market Index. It is a mutual fund, and its Index Value reflects the mutual fund’s total return. If you select a mutual fund-linked index Strategy for investment, you will not be investing in the linked mutual fund. You will not be a shareholder or beneficial owner of the fund and you will have no rights with respect to the fund. This example is not a projection or prediction of future performance. The performance could be significantly different than the performance shown and shouldn’t be considered a representation of investor experience in the future.

Not a deposit – Not FDIC or NCUSIF insured – Not guaranteed by the institution – Not insured by any federal government agency – May lose value