Purchase Restrictions: Class 529-F-2 share funds are available only for CollegeAmerica accounts sold through Registered Investment Advisors.

Summary

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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.
Price at NAV $77.72 as of 1/21/2025 (updated daily)
Fund Assets (millions) $297,657.2
Portfolio Managers
1,2
12
Expense Ratio
(Gross/Net %)
3
0.40 / 0.40%
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Returns at NAV

Returns with Sales Charge

Asset Mix

U.S. Equities90.4%
Non-U.S. Equities7.7%
U.S. Bonds0.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
4,5
1.9%
As of 12/31/2024 (updated monthly)

Growth of 10K
6

High & Low Prices

Market Capitalization

80.2%
Large
17.7%
Medium
2.1%
Small
$814,220.00 Million
Weighted Average
7


As of 9/30/2024 (updated quarterly). FactSet data as of 12/31/2024 (updated quarterly).

Morningstar Ownership ZoneTM
8

Large Growth
Weighted average of holdings
75% of fund's stock holdings
Morningstar data as of 12/31/24 (updated quarterly)

Description

Fund Objective
The fund's investment objective is to provide you with growth of capital.
Distinguishing Characteristics
This fund 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. This differentiated approach has the potential to enable the fund to navigate a variety of market environments.
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.
Holdings Outside the U.S.
The fund may invest up to 25% of its assets in securities of issuers domiciled outside the United States.

Fund Facts

Fund Inception 12/01/1973
Fund Assets (millions)
As of 12/31/2024
$297,657.2
Companies/Issuers
Holdings are as of 12/31/2024 (updated monthly).
298+
Shareholder Accounts
Shareholder accounts are as of 12/31/2024
65,408
Regular Dividends Paid
9
Dec
Minimum Initial Investment $250
Capital Gains Paid
9
Dec
Portfolio Turnover (2024) 25%
Fiscal Year-End Aug
Prospectus Date 11/01/2024
CUSIP 399874 742
Fund Number 1605

Returns

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Month-End Returns as of 12/31/24

Quarter-End Returns as of 12/31/24

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Volatility & Return

Read important investment disclosures

Equities

For Class 529-F-2 Shares, this chart tracks the 10-year standard deviation
11
and 10-year annualized return of the equity funds
FAFGX
S&P 500 Index
Other AF Funds

Similar information is contained in the , which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by Capital Client Group, Inc., and sold through unaffiliated intermediaries.

Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits, such as financial aid, scholarship funds and protection from creditors, not available through CollegeAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor. CollegeAmerica is a nationwide plan sponsored by Commonwealth Savers. 

Investment results assume all distributions are reinvested and reflect applicable fees and expenses.

© 2025 Morningstar, Inc. All Rights Reserved. Some of the information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar, its content providers nor Capital Group are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Information is calculated by Morningstar. Due to differing calculation methods, the figures shown here may differ from those calculated by Capital Group.

Use of this website is intended for U.S. residents only.

Terms and Definitions

Standard Deviation: Annualized standard deviation (based on monthly returns) is a common measure of absolute volatility that tells how returns over time have varied from the mean. A lower number signifies lower volatility.

Standard Deviation as of 12/31/2024 (updated monthly) . Annualized return as of 12/31/2024 (updated monthly) .
VIEW LARGER CHART
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Yield

12-month
Distribution Rates
12
30-day SEC Yield
Fund at NAV 0.59% 0.39%
Fund at MOP N/A N/A
As of 12/31/2024 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund 5.76 14.76 24.59
S&P 500 Index
4.30 15.60 21.60
Fund as of 12/31/24. Index as of 9/30/24.

Portfolio Management
1,2

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Julian N. Abdey 5 22 29
Christopher D. Buchbinder 11 29
Mark L. Casey 12 24
J. Blair Frank 23 30 31
Roz Hongsaranagon 5 22
Carl M. Kawaja 14 33 37
Aidan O'Connell 5 21 30
Anne-Marie Peterson 12 20 30
Andraz Razen 6 20 26
Martin Romo 14 32
Eric H. Stern 6 33 35
Alan J. Wilson 12 34
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM
13


Overall Morningstar RatingTM
Funds rated(1020)
3-yr. Morningstar RatingTM
(1020 funds rated)
5-yr. Morningstar RatingTM
(952 funds rated)
10-yr. Morningstar RatingTM
(748 funds rated)
Overall Morningstar Risk Below Average
HIGH
LOW
Category Large Growth
Ratings are based on risk-adjusted returns as of 12/31/2024 (updated monthly).

Risk Measures

Fund
Standard Deviation
11
16.74
Sharpe Ratio
11
0.75
For the 10 Years ending 12/31/24 (updated monthly).
American Funds/
Morningstar Benchmark
11
S&P 500 TR USD
R-squared 92
Beta 1.04
Capture Ratio (Downside/Upside) 104/105
American Funds and Morningstar Benchmark for the 10 Years ending 12/31/24 (updated monthly).
Active Share
11
51.6%
As of 9/30/24 (updated quarterly)

Holdings

Equities Breakdown

Equity Fund Holdings
Information technology 26.5%
Consumer discretionary 16.6%
Communication services 14.4%
Industrials 12.6%
Health care 11.8%
Financials 10.1%
Energy 1.9%
Consumer staples 1.8%
Materials 1.6%
Utilities 0.4%
Real estate 0.4%

% of net assets as of 12/31/2024 (updated monthly)

Top Equities

Meta Platforms
5.7%
Microsoft
5.0%
Alphabet
4.8%
Amazon.com
4.5%
Broadcom
4.2%
NVIDIA
3.9%
Tesla Inc
2.9%
Netflix
2.3%
Apple
2.2%
Eli Lilly
2.1%

% of net assets as of 12/31/2024 (updated monthly)

Geographic Breakdown

United States
90.4%
Europe
3.0%
Asia & Pacific Basin
2.5%
Other (Including Canada & Latin America)
2.2%
Cash & equivalents
5
1.9%
% of net assets as of 12/31/2024 (updated monthly)

The New Geography of Investing ®
14

Regions Fund
S&P 500 Index
United States 92.1% 100.0%
Canada 2.1% 0.0%
Europe 3.1% 0.0%
Japan 0.3% 0.0%
Asia-Pacific ex. Japan 0.1% 0.0%
Emerging Markets 2.2% 0.0%

% of net assets as of 12/31/2024 (updated monthly)

Fund Breakdown by Domicile

Regions Fund
S&P 500 Index
United States 90.4% 100.0%
Canada 2.1% 0.0%
Europe 3.1% 0.0%
Japan 0.3% 0.0%
Asia-Pacific ex. Japan 0.1% 0.0%
Emerging Markets 2.2% 0.0%
Cash & Equivalents
5
1.9% 0.0%

% of net assets as of 12/31/2024 (updated monthly)

Prices & Distributions

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Historical Prices Month-End

Historical Prices Year-End

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Historical Distributions as of 01/21/25

2024
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
12/18/24 12/18/24 12/19/24 $0.4729 $0.00 $6.381 $0.00 $74.72
2024 Year-to-Date: Dividends Subtotal: $0.4729 Cap Gains Subtotal: $6.381
Total Distributions: $6.8539

Fees & Expenses

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Fees

Annual Management Fees 0.26%
Other Expenses 0.14%
Service 12b-1 --
As of each fund's most recent prospectus.
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Expense Ratio
3

FAFGX 0.40%
Lipper Large-Cap Growth Funds Average
15
--%
Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).