American Funds Growth and Income Portfolio A (GAIOX) a Zacks Rank #5 (Strong Sell) invests in a mix of American Funds in different combinations and weightings. The underlying American Funds will predominately consist of equity funds in the growth, growth-and-income, equity-income and balanced categories.
This Large Blend fund, as of the last filing, allocates their fund in three major groups; Large Growth, Intermediate Bond and Large Value. Further, as of the last filing, AMERICAN CAPITAL INC BUILDER, AMERICAN CAP WRLD GR & INC and AMERICAN GROWTH FUND were the top holdings for GAIOX.
The American Funds Growth and Income Portfolio A fund, managed by American Funds, carries an expense ratio of 0.34%. Moreover, GAIOX requires a minimal initial investment of $250.
To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
GAIOX’s performance, as of the last filing, when compared to funds in its category was in the top 78% in 1 year and top 76% over the past 3 years.
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