Notice: As part of the ongoing management of the Portfolio Series, the Portfolio Solutions Committee and Capital Solutions Group regularly monitor each fund of funds and its underlying funds to ensure alignment with the fund's investment objective. Following their most recent regular review, the teams decided to change the underlying allocations for the following funds of funds: American Funds Global Growth PortfolioSM, American Funds Growth PortfolioSM, American Funds Growth and Income PortfolioSM, American Funds Moderate Growth and Income PortfolioSM, American Funds Conservative Growth and Income PortfolioSM and American Funds Tax-Aware Conservative Growth and Income PortfolioSM. The new underlying fund allocations will be updated on May 14, 2020. Unless otherwise indicated, all information and statistics are based on the underlying fund allocations as of March 31, 2020.
American Funds® Growth and Income Portfolio
Growth-and-Income
Overview
American Funds Growth and Income Portfolio may be appropriate for:
- Investors who seek a single, broadly diversified fund to help them pursue their long-term investment goals.
- Investors with longer time horizons who want a diversified investment that seeks both growth and income.
- Investors who want a core investment of actively managed funds for their retirement plans.
Objective
The fund's investment objective is to provide long-term growth of capital while providing current income.
Manager
The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.
Fund information
- Began operations: 5/18/12
- Net and gross expense ratios:* 0.49% / 0.49%
- Investment expenses paid annually:† $4.90 for a $1,000 balance
- Ticker symbol: RGQFX
*The investment adviser is currently reimbursing a portion of other expenses. Net expense ratios reflect the reimbursement, without which the expenses would have been higher. The reimbursement will be in effect through at least April 7, 2018. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. The expense ratios are as of each fund’s prospectus and include the weighted average expenses of the underlying funds. Please see the fund’s most recent prospectus for details.
†You can estimate the investment expenses you’re paying annually by multiplying your balance in the fund by the expense ratio.
Underlying funds
(as of 10/31/24; percentage of net assets; holdings are subject to change)
Growth
19.9%
Growth-and-income
45.2%
- Capital World Growth and Income Fund® 14.9%
- The Investment Company of America® 20.2%
- Washington Mutual Investors Fund 10.1%
Equity-income/Balanced
20.0%
- American Balanced Fund® 10.1%
- Capital Income Builder® 10.0%
Bond
14.9%
Asset mix
(as of 10/31/24; percentage of net assets of underlying American Funds)
Portfolio summary
(as of 9/30/24; percentage of net assets of underlying American Funds)
Geographic breakdown
(as of 10/31/24; percentage of net assets of underlying American Funds)
*Cash and equivalents includes short-term securities, accrued income and other assets less liabilities. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
Past results
The bar graph below shows the fund’s annual results and illustrates the fund’s fluctuations over the past 10 years. (These percentages are based on Class R-5E shares at net asset value after the share class inception date of May 15, 2002. All Class R-5E share results prior to this date, or prior to the date of first sale, are hypothetical based on Class A share results, adjusted for typical additional estimated expenses, and are calculated without a sales charge. These results are updated annually as of 12/31. Other share class results will vary.)
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 here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely.
Average annual total returns through 9/30/24
Class R-5E Shares
| Latest10 years | Latest5 years | Latest3 years | Latestyear | |
|---|---|---|---|---|
| At net asset value | 8.91% | 11.17% | 7.20% | 28.65% |
| With CDSC | 8.91% | 11.17% | 7.20% | 28.65% |
Investment results assume all distributions are reinvested and reflect applicable fees and expenses. The investment adviser is currently reimbursing a portion of other expenses. Investment results reflect the reimbursement, without which the results would have been lower. The reimbursement will be in effect through at least April 7, 2018. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. See results without waivers and/or reimbursements. Read details about how waivers and/or reimbursements affect the results for each fund.
Class R-5E shares were first offered on November 20, 2015. Class R-5E 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 R-5E shares.Investing outside the United States involves risks, such as currency fluctuations, periods of illiquidity and price volatility, as more fully described in the prospectus. These risks may be heightened in connection with investments in developing countries.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from your plan’s financial professional or downloaded and should be read carefully before investing. You can find a link to the prospectus at the top of the page.
Use of this website is intended for U.S. residents only.
Capital Client Group, Inc.
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