American Funds The Growth Fund of America Class 529-A (CGFAX)

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American Funds The Growth Fund of America Class 529-A (CGFAX) is up 4.3% since the beginning of the year. CGFAX is currently trading at $82 per share. Investors who bought $1,000 worth of CGFAX shares 5 years ago would now be looking at an investment worth $1,607.

American Funds The Growth Fund of America Class 529-A (CGFAX) has returned 4.27% so far this year and 10.07% over the past 12 months. Looking at the last ten years, CGFAX has achieved an annualized return of 14.97%, outperforming the S&P 500 Index benchmark, which averaged 13.08% per year.

Based on dividend-adjusted daily data since Feb 15, 2002, CGFAX's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, an investment would double in approximately 6.1 years.

Historically, 61% of months were positive and 39% were negative. The best month was Apr 2020 with a return of +14.3%, while the worst month was Oct 2008 at -17.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.

On a daily basis, CGFAX closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +10.5%, while the worst single day was Mar 16, 2020 at -11.5%.

American Funds The Growth Fund of America Class 529-A has an annualized alpha of 2.78%, beta of 0.95, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since February 15, 2002.

• This fund captured 109.43% of S&P 500 Index gains but only 97.83% of its losses - a favorable profile for investors.
• This fund generated an annualized alpha of 2.78% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• With beta of 0.95 and R2 of 0.92, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

CGFAX has an expense ratio of 0.62%, placing it in the medium range.

CGFAX ranks 16 for risk / return — in the bottom 16% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

American Funds The Growth Fund of America Class 529-A provided a 10.44% dividend yield over the last twelve months, with an annual payout of $8.59 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for American Funds The Growth Fund of America Class 529-A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the American Funds The Growth Fund of America Class 529-A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Funds The Growth Fund of America Class 529-A was 51.91%, occurring on Mar 9, 2009. Recovery took 953 trading sessions.

The current American Funds The Growth Fund of America Class 529-A drawdown is 5.58%.

The chart below shows the rolling one-month volatility.