Summary
A flexible approach to growth investing. Seeks opportunities in traditional growth stocks as well as cyclical companies and turnaround situations with significant potential for growth of capital.
Strategy Assets (millions)
$298,479.8
Portfolio Managers 19
Quarterly Fact Sheet (PDF)
Returns (Gross/Net)%
16.50 / 13.09
1-year
16.12 / 12.71
5-year
13.77 / 10.43
10-year
0.67 / -2.29
Dividend Yield
(Gross/Net %)
(Gross/Net %)
Returns and Yield as of 2/28/2025 (updated monthly).
Asset Mix
U.S. Equities
89.9% |
Non-U.S. Equities
7.3% |
U.S. Bonds
0.0% |
Non-U.S. Bonds
0.0% |
Cash & Equivalents
2.9% |
As of 2/28/2025 (updated monthly)
Capitalization Distribution
Mega 83.7% | Large 12.7% | Medium 1.1% | Small -- | Micro 0.0% |
As of 2/28/2025 (updated monthly).
Description
Objective
The strategy’s investment objective is to provide growth of capital.
Distinguishing Characteristics
This strategy takes a flexible approach to growth investing, seeking opportunities in traditional growth stocks as well as cyclical companies and turnarounds with significant potential for growth of capital. Geographic flexibility also allows portfolio managers to pursue opportunities outside of the U.S.
Types of Investments
Primarily U.S. common stock, American Depository Receipts, other equity-type securities and cash.
Holdings Outside the U.S.
May invest up to 25% of assets in securities of issuers outside the United States.
Strategy Facts
Composite Inception
11/30/1973
Strategy Assets (millions)
$298,479.8
As of 2/28/2025 (updated monthly).
Companies/Issuers 100+
Holdings are as of 2/28/2025 (updated monthly).
Portfolio Turnover
25.59%
Returns
Month-End Returns as of 2/28/2025
Quarter-End Returns as of 12/31/2024
Month-End Returns as of 2/28/2025
Quarter-End Returns as of 12/31/2024
Portfolio Management
LEARN ABOUT THE CAPITAL SYSTEMSMYears of Experience with Capital Group
Years of Experience with Investment Industry
Portfolio Managers
Julian N. Abdey
29
22
Christopher D. Buchbinder
29
29
Mark L. Casey
24
24
J. Blair Frank
31
30
Roz Hongsaranagon
22
22
Carl M. Kawaja
37
33
Aidan O'Connell
30
21
Anne-Marie Peterson
30
20
Andraz Razen
26
20
Martin Romo
32
32
Eric H. Stern
35
33
Alan J. Wilson
34
34
Portfolio Strategy Manager*
Richard Carlyle
42
18
Maria Karahalis
37
10
Martin Kremenstein
25
3
Marc E. Nabi
35
10
Olufunmilayo (Funmi) Nubi
19
2
Alex Shenkman
26
23
Michael Wadeson
22
22
A boldface number indicates that years of experience with Capital
Group is equal to years of experience with investment industry.
*While not responsible for managing the portfolio, Portfolio
Strategy Managers optimize the portfolio in seeking to replicate the strategy's risk and return profile in
the SMA.
Risk & Volatility
Risk Measures
For the 10 Years ending 2/28/2025 R-squared, Beta and Capture Ratio calculated using the S&P 500 Index.
Strategy
Standard Deviation
16.72
Sharpe Ratio (Gross/Net)
0.71/0.51
R-squared
92
Beta
1.06
Downside Capture Ratio (Gross/Net)
108/114
Upside Capture Ratio (Gross/Net)
108/100
Holdings
Equities Breakdown
Sectors
| Top Industries
Equity Strategy Holdings
- Information technology26.5%
- Consumer discretionary17.4%
- Communication services14.5%
- Industrials12.0%
- Health care11.8%
- Financials9.8%
- Energy2.4%
- Materials1.6%
- Utilities1.0%
- Consumer staples1.0%
% of net assets as of 12/31/2024 (updated quarterly).
Largest Equity Holdings
- Meta Platforms6.8%
- Microsoft5.4%
- Amazon.com4.5%
- Alphabet4.4%
- Broadcom3.7%
- NVIDIA3.7%
- Eli Lilly3.1%
- Netflix2.5%
- Tesla Inc2.2%
- Royal Caribbean Cruises2.1%
% of net assets as of 2/28/2025 (updated monthly).
QUARTERLY HOLDINGSGeographic Diversification
United States
90.6%
Europe
3.0%
Asia & Pacific Basin
2.1%
Other (Including Canada & Latin America)
2.2%
Cash & equivalents
2.1%
% of net assets as of 12/31/2024 (updated quarterly).
The New Geography of Investing ®
Regions | Strategy |
S&P 500 Index
| |
United States | 92.5% | 100.0% | |
Canada | 2.2% | 0.0% | |
Europe | 3.1% | 0.0% | |
Emerging Markets | 2.2% | 0.0% |
% of net assets as of 12/31/2024 (updated quarterly).
Strategy Breakdown by Domicile
Regions | Strategy |
S&P 500 Index
|
United States | 90.6% | 100.0% |
Canada | 2.2% | 0.0% |
Europe | 3.0% | 0.0% |
Emerging Markets | 2.1% | 0.0% |
Cash & Equivalents | 2.1% | 0.0% |
% of net assets as of 12/31/2024 (updated quarterly).
Resources
Literature for Capital Group U.S. Flexible Growth
- Quarterly Fact Sheet (PDF) 02/25
- Quarterly Portfolio Holdings (PDF) 01/25