American Funds The Growth Fund of America Class R-2
RGABX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Francisco, CA 94105-1409 San Francisco CA United States of America 94105-1409
- IPO Date
- May 21, 2002
- CIK
- 0000044201
- Website
- americanfunds.com
- Similar Companies
- Business
- American Funds The Growth Fund of America Class R-2 (RGABX) is a large-growth mutual fund managed by Capital Group that seeks growth of capital by investing primarily in common stocks of companies offering superior growth opportunities; its portfolio emphasizes U.S. equities (approximately 89%), with allocations to information technology (33%), consumer discretionary (14%), communication services (14%), health care (12%), industrials (10%), and financials (9%), alongside smaller non-U.S. equity holdings in Canada, Europe & Middle East, Japan, Asia-Pacific ex-Japan, and emerging markets ex-China; the fund maintains cash & equivalents around 2.5% and no fixed income exposure. Launched on December 1, 1973, as part of the American Funds family, RGABX features a portfolio turnover rate of 32% for fiscal year 2025, holds over 294 companies/issuers, and manages assets exceeding $340 billion as of November 30, 2025; it pays regular dividends and capital gains annually in December, with a 2024 long-term capital gains distribution of $6.381 per share and a minimum initial investment of $0; the Class R-2 share class incurs an expense ratio of 1.38%, comprising 0.25% management fees, 0.75% Rule 12b-1 service fees, and 0.38% other expenses. Capital Group, the fund's investment manager founded in 1931 and headquartered in Los Angeles, California, employs a multiple portfolio manager system with 13 professionals overseeing RGABX, including Julian Abdey, Chris Buchbinder, and Martin Romo; the firm operates globally, serving institutional and retail investors through diverse strategies. Recent developments include Capital Group's expansion into alternative investments through its exclusive strategic partnership with KKR, launching the first two public-private interval funds focused on core credit strategies in 2025 and filing for a pioneering public-private equity fund to broaden access to private markets; in June 2025, Capital Group introduced new U.S. growth and value ETFs, growing its U.S. ETF suite to 25 products amid rising advisor adoption; these initiatives reflect ongoing strategic shifts toward diversified offerings and private asset integration, with no specific reorganizations or name changes for RGABX itself. The fund targets retirement plans and long-term investors via broker-dealers and retirement platforms, exhibiting below-average risk in its Morningstar Large Growth category, a 10-year Sharpe ratio of 0.74, and active share of 48.8% versus the S&P 500 Index.