The Growth Fund of America®
Investment portfolio
November 30, 2021
unaudited
Common stocks 96.20% Information technology 24.82% | Shares | Value (000) | |
Microsoft Corp. | 54,293,909 | $17,949,023 | |
ASML Holding NV1 | 3,386,247 | 2,653,456 | |
ASML Holding NV (New York registered) (ADR) | 2,622,829 | 2,075,995 | |
Broadcom, Inc. | 8,453,910 | 4,680,761 | |
Taiwan Semiconductor Manufacturing Company, Ltd.1 | 131,198,000 | 2,791,232 | |
Taiwan Semiconductor Manufacturing Company, Ltd. (ADR) | 5,455,511 | 639,113 | |
Shopify, Inc., Class A, subordinate voting shares2 | 1,942,660 | 2,956,321 | |
Mastercard, Inc., Class A | 8,487,370 | 2,672,843 | |
ServiceNow, Inc.2 | 3,714,510 | 2,405,888 | |
MongoDB, Inc., Class A2,3 | 4,806,683 | 2,394,209 | |
Advanced Micro Devices, Inc.2 | 14,394,225 | 2,279,613 | |
Applied Materials, Inc. | 14,012,497 | 2,062,499 | |
RingCentral, Inc., Class A2 | 7,371,362 | 1,592,067 | |
PayPal Holdings, Inc.2 | 8,157,187 | 1,508,182 | |
Cloudflare, Inc., Class A2 | 6,880,024 | 1,295,096 | |
Atlassian Corp. PLC, Class A2 | 3,366,658 | 1,266,941 | |
Micron Technology, Inc. | 14,203,422 | 1,193,087 | |
Square, Inc., Class A2 | 5,314,564 | 1,107,183 | |
Autodesk, Inc.2 | 4,226,974 | 1,074,455 | |
Motorola Solutions, Inc. | 4,197,266 | 1,062,664 | |
Affirm Holdings, Inc., Class A2 | 7,812,561 | 989,695 | |
Bill.com Holdings, Inc.2 | 3,439,270 | 965,919 | |
Adobe, Inc.2 | 1,405,363 | 941,382 | |
Apple, Inc. | 5,475,959 | 905,176 | |
NVIDIA Corp. | 2,237,700 | 731,191 | |
Okta, Inc., Class A2 | 3,368,683 | 725,042 | |
Snowflake, Inc., Class A2 | 1,852,396 | 630,093 | |
MicroStrategy, Inc., Class A2,4 | 844,911 | 609,544 | |
Wolfspeed, Inc.2 | 4,750,586 | 582,517 | |
EPAM Systems, Inc.2 | 869,808 | 529,322 | |
Visa, Inc., Class A | 2,704,499 | 524,051 | |
Keyence Corp.1 | 768,100 | 474,378 | |
CrowdStrike Holdings, Inc., Class A2 | 2,003,934 | 435,134 | |
Trimble, Inc.2 | 4,972,313 | 426,973 | |
Lam Research Corp. | 580,436 | 394,609 | |
Tyler Technologies, Inc.2 | 738,727 | 383,385 | |
Fiserv, Inc.2 | 3,906,641 | 377,069 | |
Zscaler, Inc.2 | 1,013,425 | 351,628 | |
Paycom Software, Inc.2 | 743,997 | 325,484 | |
Enphase Energy, Inc.2 | 1,289,139 | 322,285 | |
Cognizant Technology Solutions Corp., Class A | 4,034,334 | 314,597 | |
Zendesk, Inc.2 | 2,922,000 | 298,365 | |
Nice, Ltd. (ADR) | 1,011,509 | 295,340 | |
Fidelity National Information Services, Inc. | 2,281,787 | 238,447 | |
Datadog, Inc., Class A2 | 1,277,821 | 227,823 | |
DocuSign, Inc.2 | 904,540 | 222,842 |
The Growth Fund of America — Page 1 of 14
unaudited
Common stocks (continued) Information technology (continued) | Shares | Value (000) | |
Elastic NV, non-registered shares2 | 1,430,893 | $222,447 | |
SentinelOne, Inc., Class A2,4 | 3,769,824 | 203,457 | |
Ceridian HCM Holding, Inc.2 | 1,714,816 | 187,601 | |
Accenture PLC, Class A | 454,760 | 162,531 | |
NortonLifeLock, Inc. | 6,442,469 | 160,095 | |
TE Connectivity, Ltd. | 996,000 | 153,314 | |
MKS Instruments, Inc. | 952,286 | 144,900 | |
Freshworks, Inc., Class A2,4 | 4,061,940 | 143,062 | |
Coupa Software, Inc.2 | 600,000 | 117,996 | |
TELUS International (Cda), Inc., subordinate voting shares2 | 3,301,088 | 115,406 | |
Intel Corp. | 2,274,916 | 111,926 | |
Toast, Inc., Class A2,4 | 2,709,864 | 108,367 | |
VeriSign, Inc.2 | 418,815 | 100,478 | |
Alteryx, Inc., Class A2 | 1,432,150 | 95,195 | |
Keysight Technologies, Inc.2 | 479,892 | 93,329 | |
Zebra Technologies Corp., Class A2 | 158,112 | 93,093 | |
Zoom Video Communications, Inc., Class A2 | 418,252 | 88,423 | |
Kulicke and Soffa Industries, Inc. | 1,525,592 | 87,966 | |
Confluent, Inc., Class A2 | 1,123,306 | 87,640 | |
Smartsheet, Inc., Class A2 | 1,333,408 | 85,338 | |
Concentrix Corp. | 496,966 | 82,496 | |
Samsung Electronics Co., Ltd.1 | 1,305,500 | 78,802 | |
Qorvo, Inc.2 | 522,475 | 76,402 | |
Thoughtworks Holding, Inc.2 | 2,549,000 | 74,431 | |
Vontier Corp. | 2,308,400 | 72,738 | |
Qualtrics International, Inc., Class A2 | 2,181,703 | 70,600 | |
Lightspeed Commerce, Inc. SV, subordinate voting shares (CAD denominated)2 | 782,200 | 39,568 | |
Lightspeed Commerce, Inc. SV, subordinate voting shares2 | 527,983 | 26,658 | |
Globant SA2 | 234,149 | 62,052 | |
GoDaddy, Inc., Class A2 | 787,974 | 55,292 | |
NXP Semiconductors NV | 244,546 | 54,622 | |
Stripe, Inc., Class B1,2,5,6 | 1,123,404 | 51,373 | |
Monday.com, Ltd.2,4 | 136,185 | 48,999 | |
Gitlab, Inc., Class A2 | 450,100 | 43,453 | |
Palo Alto Networks, Inc.2 | 78,098 | 42,715 | |
QUALCOMM, Inc. | 206,189 | 37,229 | |
Amadeus IT Group SA, Class A, non-registered shares1,2 | 527,334 | 33,750 | |
Arista Networks, Inc.2 | 261,876 | 32,488 | |
Appfolio, Inc., Class A2 | 260,355 | 31,370 | |
Jack Henry & Associates, Inc. | 146,921 | 22,278 | |
Guidewire Software, Inc.2 | 164,604 | 19,150 | |
CCC Intelligent Solutions Holdings, Inc.2 | 1,480,590 | 19,026 | |
Marqeta, Inc., Class A2,4 | 923,400 | 18,154 | |
Twilio, Inc.2 | 60,161 | 17,215 | |
StoneCo, Ltd., Class A2 | 448,300 | 6,993 | |
GLOBALFOUNDRIES, Inc.2 | 96,200 | 6,661 | |
Paylocity Holding Corp.2 | 9,000 | 2,271 | |
72,572,269 | |||
Consumer discretionary 24.71% | |||
Tesla, Inc.2 | 20,852,969 | 23,871,645 | |
Amazon.com, Inc.2 | 3,908,886 | 13,708,737 | |
Home Depot, Inc. | 6,804,864 | 2,726,096 | |
General Motors Company2 | 33,617,159 | 1,945,425 | |
NIKE, Inc., Class B | 11,089,746 | 1,876,829 |
The Growth Fund of America — Page 2 of 14
unaudited
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Royal Caribbean Cruises, Ltd.2,3 | 23,282,784 | $1,625,604 | |
MercadoLibre, Inc.2 | 1,339,561 | 1,591,948 | |
Caesars Entertainment, Inc.2,3 | 17,186,950 | 1,548,029 | |
Airbnb, Inc., Class A2 | 8,485,198 | 1,464,036 | |
Rivian Automotive, Inc., Class A1,2,7 | 8,667,299 | 944,576 | |
Rivian Automotive, Inc., Class A2 | 4,197,900 | 502,741 | |
LVMH Moët Hennessy-Louis Vuitton SE1 | 1,699,807 | 1,319,480 | |
Chipotle Mexican Grill, Inc.2 | 710,751 | 1,168,055 | |
NVR, Inc.2,3 | 192,533 | 1,006,050 | |
D.R. Horton, Inc. | 9,353,037 | 913,792 | |
Coupang, Inc., Class A2 | 33,818,075 | 896,179 | |
DoorDash, Inc., Class A2 | 5,006,513 | 895,014 | |
Aptiv PLC2 | 5,559,605 | 891,483 | |
Hilton Worldwide Holdings, Inc.2 | 6,558,931 | 885,915 | |
Burlington Stores, Inc.2 | 2,961,381 | 868,070 | |
Flutter Entertainment PLC1,2 | 5,262,497 | 712,367 | |
Dollar General Corp. | 3,009,311 | 665,960 | |
Booking Holdings, Inc.2 | 299,503 | 629,510 | |
Hermès International1 | 332,032 | 622,611 | |
Darden Restaurants, Inc. | 4,486,304 | 618,886 | |
Wayfair, Inc., Class A2,4 | 2,163,985 | 536,322 | |
Evolution AB1 | 4,600,786 | 482,188 | |
Xpeng, Inc., Class A (ADR)2 | 8,490,000 | 466,950 | |
Moncler SpA1 | 6,379,239 | 462,322 | |
Mattel, Inc.2,3 | 21,043,010 | 446,322 | |
Peloton Interactive, Inc., Class A2 | 9,609,483 | 422,817 | |
Etsy, Inc.2 | 1,372,102 | 376,752 | |
Mercari, Inc.1,2 | 6,088,200 | 369,147 | |
Las Vegas Sands Corp.2 | 10,000,000 | 356,200 | |
Floor & Decor Holdings, Inc., Class A2 | 2,513,295 | 323,989 | |
Starbucks Corp. | 2,939,831 | 322,323 | |
lululemon athletica, inc.2 | 673,425 | 306,011 | |
Vail Resorts, Inc. | 873,035 | 289,594 | |
YETI Holdings, Inc.2 | 3,047,664 | 280,873 | |
Dollar Tree Stores, Inc.2 | 2,014,926 | 269,657 | |
Norwegian Cruise Line Holdings, Ltd.2 | 12,897,242 | 251,625 | |
Lennar Corp., Class A | 2,161,795 | 227,096 | |
Polaris, Inc. | 1,992,000 | 222,686 | |
eBay, Inc. | 3,000,000 | 202,380 | |
CarMax, Inc.2 | 1,355,700 | 191,493 | |
YUM! Brands, Inc. | 1,318,725 | 161,992 | |
Carvana Co., Class A2 | 576,000 | 161,522 | |
Aramark | 4,650,219 | 155,317 | |
Kering SA1 | 199,519 | 153,857 | |
Arrival Group2,4 | 15,550,116 | 146,016 | |
Adient PLC2 | 3,089,601 | 131,153 | |
Cie. Financière Richemont SA, Class A1 | 694,812 | 103,264 | |
Helen of Troy, Ltd.2 | 389,645 | 93,710 | |
Toll Brothers, Inc. | 1,304,859 | 82,819 | |
LGI Homes, Inc.2 | 562,130 | 80,756 | |
DraftKings, Inc., Class A2 | 2,244,107 | 77,534 | |
Domino’s Pizza, Inc. | 140,653 | 73,722 | |
On Holding AG, Class A2,4 | 1,415,016 | 56,827 |
The Growth Fund of America — Page 3 of 14
unaudited
Common stocks (continued) Consumer discretionary (continued) | Shares | Value (000) | |
Marriott International, Inc., Class A2 | 330,237 | $48,730 | |
TopBuild Corp.2 | 105,464 | 28,453 | |
72,261,457 | |||
Communication services 17.33% | |||
Alphabet, Inc., Class C2 | 3,052,728 | 8,697,344 | |
Alphabet, Inc., Class A2 | 2,155,006 | 6,115,799 | |
Netflix, Inc.2,3 | 22,646,580 | 14,536,840 | |
Meta Platforms, Inc., Class A2 | 37,392,909 | 12,132,503 | |
Charter Communications, Inc., Class A2 | 3,591,086 | 2,320,847 | |
Comcast Corp., Class A | 33,179,036 | 1,658,288 | |
Activision Blizzard, Inc. | 18,412,239 | 1,078,957 | |
Yandex NV, Class A2 | 9,934,860 | 714,714 | |
Snap, Inc., Class A, nonvoting shares2 | 14,179,421 | 675,082 | |
ZoomInfo Technologies, Inc., Class A2 | 10,920,063 | 673,768 | |
Tencent Holdings, Ltd.1 | 8,778,200 | 517,146 | |
T-Mobile US, Inc.2 | 1,995,690 | 217,151 | |
Frontier Communications Parent, Inc.2 | 6,060,427 | 202,479 | |
Iridium Communications, Inc.2 | 4,450,320 | 171,115 | |
ROBLOX Corp., Class A2 | 1,247,582 | 157,320 | |
Pinterest, Inc., Class A2 | 3,672,231 | 147,109 | |
SoftBank Group Corp.1 | 2,455,200 | 129,859 | |
Match Group, Inc.2 | 918,052 | 119,338 | |
Epic Games, Inc.1,2,5,6 | 84,249 | 109,111 | |
Live Nation Entertainment, Inc.2 | 797,649 | 85,069 | |
Bumble, Inc., Class A2 | 2,139,581 | 73,302 | |
Electronic Arts, Inc. | 580,252 | 72,079 | |
Playtika Holding Corp.2 | 1,972,770 | 33,932 | |
Sea, Ltd., Class A (ADR)2 | 98,100 | 28,260 | |
50,667,412 | |||
Health care 11.20% | |||
UnitedHealth Group, Inc. | 13,730,118 | 6,099,193 | |
Thermo Fisher Scientific, Inc. | 5,715,075 | 3,616,671 | |
Abbott Laboratories | 15,376,033 | 1,933,844 | |
Regeneron Pharmaceuticals, Inc.2 | 2,069,310 | 1,317,178 | |
Insulet Corp.2,3 | 3,646,076 | 1,051,674 | |
Centene Corp.2 | 13,433,920 | 959,316 | |
Seagen, Inc.2 | 5,666,364 | 906,618 | |
NovoCure, Ltd.2,3 | 9,436,964 | 883,677 | |
Vertex Pharmaceuticals, Inc.2 | 4,605,930 | 861,033 | |
DexCom, Inc.2 | 1,499,662 | 843,695 | |
Zoetis, Inc., Class A | 3,711,537 | 824,110 | |
Intuitive Surgical, Inc.2 | 2,168,448 | 703,314 | |
Eli Lilly and Company | 2,822,928 | 700,199 | |
Humana, Inc. | 1,622,024 | 680,780 | |
Stryker Corp. | 2,684,651 | 635,269 | |
Guardant Health, Inc.2,3 | 5,950,651 | 625,532 | |
Biohaven Pharmaceutical Holding Co., Ltd.2,3 | 5,447,428 | 611,419 | |
Edwards Lifesciences Corp.2 | 5,235,716 | 561,845 | |
PerkinElmer, Inc. | 2,790,919 | 508,394 | |
Danaher Corp. | 1,452,172 | 467,077 | |
ResMed, Inc. | 1,792,823 | 456,901 | |
Catalent, Inc.2 | 3,354,838 | 431,633 | |
Oak Street Health, Inc.2,3,4 | 13,736,757 | 425,153 |
The Growth Fund of America — Page 4 of 14
unaudited
Common stocks (continued) Health care (continued) | Shares | Value (000) | |
Teva Pharmaceutical Industries, Ltd. (ADR)2 | 51,155,414 | $422,032 | |
Molina Healthcare, Inc.2 | 1,441,293 | 411,028 | |
Moderna, Inc.2 | 1,122,071 | 395,451 | |
Novo Nordisk A/S, Class B1 | 3,334,933 | 357,103 | |
CVS Health Corp. | 3,985,000 | 354,904 | |
BioMarin Pharmaceutical, Inc.2 | 4,001,740 | 345,310 | |
QIAGEN NV2 | 5,740,975 | 316,500 | |
Novavax, Inc.2,4 | 1,368,290 | 285,466 | |
Allakos, Inc.2,3 | 3,554,916 | 278,528 | |
Twist Bioscience Corp.2,3 | 2,523,864 | 241,029 | |
Exact Sciences Corp.2 | 2,751,196 | 234,870 | |
Mettler-Toledo International, Inc.2 | 151,938 | 230,054 | |
Gilead Sciences, Inc. | 3,167,401 | 218,329 | |
Zimmer Biomet Holdings, Inc. | 1,795,312 | 214,719 | |
Illumina, Inc.2 | 538,201 | 196,621 | |
Cigna Corp. | 949,906 | 182,287 | |
Penumbra, Inc.2 | 721,352 | 177,200 | |
BeiGene, Ltd. (ADR)2 | 383,003 | 133,105 | |
BeiGene, Ltd.1,2 | 1,252,100 | 33,633 | |
Syneos Health, Inc., Class A2 | 1,641,548 | 159,493 | |
Amgen, Inc. | 788,035 | 156,724 | |
Ultragenyx Pharmaceutical, Inc.2 | 1,707,733 | 128,473 | |
Align Technology, Inc.2 | 182,500 | 111,604 | |
Verily Life Sciences LLC1,2,5,6 | 673,374 | 100,784 | |
Inari Medical, Inc.2 | 1,205,500 | 99,502 | |
R1 RCM, Inc.2 | 4,001,281 | 95,311 | |
Daiichi Sankyo Company, Ltd.1 | 3,763,000 | 94,130 | |
Pacific Biosciences of California, Inc.2 | 3,850,936 | 89,380 | |
Chemed Corp. | 172,234 | 80,173 | |
Anthem, Inc. | 188,232 | 76,466 | |
AstraZeneca PLC1 | 634,335 | 69,595 | |
AbCellera Biologics, Inc.2,4 | 4,587,232 | 68,625 | |
Allogene Therapeutics, Inc.2 | 2,807,505 | 51,911 | |
Vir Biotechnology, Inc.2 | 1,032,854 | 48,978 | |
Acerta Pharma BV1,2,5,6 | 273,779,325 | 39,452 | |
Alnylam Pharmaceuticals, Inc.2 | 179,567 | 33,004 | |
Cortexyme, Inc.2,3,4 | 2,257,268 | 29,367 | |
CRISPR Therapeutics AG2 | 334,698 | 26,742 | |
Applied Molecular Transport, Inc.2 | 1,454,200 | 24,721 | |
Global Blood Therapeutics, Inc.2 | 548,313 | 15,495 | |
Adaptive Biotechnologies Corp.2 | 539,639 | 14,079 | |
Sana Biotechnology, Inc.2,4 | 588,664 | 11,191 | |
TG Therapeutics, Inc.2 | 730,935 | 11,110 | |
32,769,004 | |||
Industrials 6.43% | |||
Carrier Global Corp.3 | 49,693,075 | 2,689,389 | |
CSX Corp. | 50,312,148 | 1,743,819 | |
TransDigm Group, Inc.2 | 2,362,789 | 1,365,810 | |
Old Dominion Freight Line, Inc. | 3,687,426 | 1,309,663 | |
General Electric Co. | 11,493,054 | 1,091,725 | |
Caterpillar, Inc. | 5,471,221 | 1,057,861 | |
Airbus SE, non-registered shares1,2 | 7,169,107 | 798,623 | |
Jacobs Engineering Group, Inc. | 3,846,752 | 548,393 | |
Ryanair Holdings PLC (ADR)2 | 4,883,043 | 466,575 |
The Growth Fund of America — Page 5 of 14
unaudited
Common stocks (continued) Industrials (continued) | Shares | Value (000) | |
Ryanair Holdings PLC1,2 | 1,692,338 | $27,147 | |
HEICO Corp. | 2,925,476 | 405,237 | |
HEICO Corp., Class A | 679,919 | 84,446 | |
Dun & Bradstreet Holdings, Inc.2,3 | 23,617,214 | 448,727 | |
Rolls-Royce Holdings PLC1,2 | 256,349,008 | 416,234 | |
Equifax, Inc. | 1,271,661 | 354,348 | |
Safran SA1 | 3,159,934 | 351,639 | |
Honeywell International, Inc. | 1,698,850 | 343,575 | |
Raytheon Technologies Corp. | 3,984,740 | 322,445 | |
Delta Air Lines, Inc.2 | 8,848,698 | 320,323 | |
TuSimple Holdings, Inc., Class A2,4 | 7,567,534 | 302,626 | |
United Rentals, Inc.2 | 864,045 | 292,687 | |
Norfolk Southern Corp. | 1,051,571 | 278,950 | |
Rockwell Automation | 826,949 | 278,020 | |
Chart Industries, Inc.2 | 1,411,224 | 246,329 | |
RELX PLC (ADR) | 7,377,302 | 228,770 | |
Armstrong World Industries, Inc. | 2,139,698 | 226,744 | |
Uber Technologies, Inc.2 | 5,906,779 | 224,458 | |
Harmonic Drive Systems, Inc.1,3,4 | 5,143,852 | 211,121 | |
Waste Management, Inc. | 1,310,966 | 210,633 | |
Union Pacific Corp. | 705,000 | 166,126 | |
ABB, Ltd.1 | 4,705,531 | 162,222 | |
Boeing Company2 | 813,122 | 160,876 | |
Otis Worldwide Corp. | 1,977,706 | 159,007 | |
L3Harris Technologies, Inc. | 718,627 | 150,250 | |
BWX Technologies, Inc. | 2,793,482 | 133,249 | |
Generac Holdings, Inc.2 | 304,987 | 128,473 | |
AMETEK, Inc. | 931,634 | 127,168 | |
ASSA ABLOY AB, Class B1 | 4,451,672 | 124,436 | |
Waste Connections, Inc. | 912,023 | 121,354 | |
Shoals Technologies Group, Inc., Class A2 | 4,000,000 | 112,400 | |
FedEx Corp. | 452,818 | 104,316 | |
Cummins, Inc. | 398,773 | 83,643 | |
Emerson Electric Co. | 927,855 | 81,503 | |
Southwest Airlines Co.2 | 1,651,004 | 73,305 | |
Copart, Inc.2 | 497,701 | 72,246 | |
Saia, Inc.2 | 191,614 | 63,459 | |
Kornit Digital Ltd.2 | 322,204 | 49,913 | |
ManpowerGroup, Inc. | 357,399 | 32,034 | |
Archer Aviation, Inc., Class A2 | 4,891,617 | 30,132 | |
Kratos Defense & Security Solutions, Inc.2 | 771,221 | 15,201 | |
18,797,630 | |||
Financials 5.77% | |||
JPMorgan Chase & Co. | 13,503,264 | 2,144,723 | |
First Republic Bank | 7,292,113 | 1,528,864 | |
KKR & Co., Inc. | 12,375,290 | 921,340 | |
S&P Global, Inc. | 1,934,184 | 881,466 | |
BlackRock, Inc. | 970,781 | 878,178 | |
SVB Financial Group2 | 1,212,226 | 839,260 | |
Bank of America Corp. | 14,832,541 | 659,603 | |
CME Group, Inc., Class A | 2,778,161 | 612,640 | |
Intercontinental Exchange, Inc. | 4,212,411 | 550,646 | |
Marsh & McLennan Companies, Inc. | 2,881,982 | 472,703 | |
MSCI, Inc. | 731,971 | 460,739 |
The Growth Fund of America — Page 6 of 14
unaudited
Common stocks (continued) Financials (continued) | Shares | Value (000) | |
Athene Holding, Ltd., Class A2 | 5,476,972 | $448,674 | |
Wells Fargo & Company | 8,248,000 | 394,089 | |
HDFC Bank, Ltd. (ADR) | 3,195,463 | 209,207 | |
HDFC Bank, Ltd.1 | 8,630,879 | 171,143 | |
PNC Financial Services Group, Inc. | 1,923,368 | 378,904 | |
Carlyle Group, Inc. | 6,759,203 | 369,661 | |
Morgan Stanley | 3,714,059 | 352,167 | |
Coinbase Global, Inc., Class A2 | 1,046,026 | 329,498 | |
Progressive Corp. | 3,254,166 | 302,442 | |
American International Group, Inc. | 5,448,358 | 286,584 | |
East West Bancorp, Inc. | 3,571,090 | 274,974 | |
Capital One Financial Corp. | 1,909,784 | 268,382 | |
Blackstone, Inc., nonvoting shares | 1,853,148 | 262,128 | |
Western Alliance Bancorporation | 2,356,965 | 258,748 | |
Arch Capital Group, Ltd.2 | 6,263,760 | 252,931 | |
Signature Bank | 767,734 | 232,086 | |
Chubb, Ltd. | 1,288,493 | 231,246 | |
Moody’s Corp. | 570,694 | 222,936 | |
AIA Group, Ltd.1 | 19,584,888 | 206,071 | |
Essent Group, Ltd. | 4,954,323 | 206,001 | |
Tradeweb Markets, Inc., Class A | 1,947,437 | 186,954 | |
Goldman Sachs Group, Inc. | 429,466 | 163,622 | |
Ares Management Corp., Class A | 1,611,906 | 130,822 | |
BOK Financial Corp. | 1,258,321 | 129,871 | |
Ryan Specialty Group Holdings, Inc., Class A2,4 | 2,506,600 | 95,928 | |
Berkshire Hathaway, Inc., Class B2 | 307,257 | 85,015 | |
Focus Financial Partners, Inc., Class A2 | 1,361,480 | 83,786 | |
Goosehead Insurance, Inc., Class A | 510,938 | 67,096 | |
Discover Financial Services | 601,552 | 64,877 | |
Everest Re Group, Ltd. | 239,572 | 61,421 | |
Federal Home Loan Mortgage Corp.2 | 48,304,100 | 53,135 | |
Trupanion, Inc.2 | 391,059 | 48,225 | |
Fannie Mae2 | 37,646,700 | 41,411 | |
Fifth Third Bancorp | 461,888 | 19,469 | |
Bright Health Group, Inc.2,4 | 4,724,475 | 15,733 | |
Hippo Holdings, Inc., Class A2 | 2,405,228 | 8,803 | |
16,864,202 | |||
Energy 1.77% | |||
Cenovus Energy ,Inc.3 | 129,844,642 | 1,540,917 | |
EOG Resources, Inc. | 11,852,392 | 1,031,158 | |
Pioneer Natural Resources Company | 3,302,113 | 588,833 | |
Halliburton Company | 20,267,119 | 437,567 | |
Baker Hughes Co., Class A | 13,274,190 | 309,819 | |
ConocoPhillips | 3,982,598 | 279,300 | |
Diamondback Energy, Inc. | 1,944,028 | 207,486 | |
Coterra Energy, Inc. | 8,111,696 | 162,883 | |
Canadian Natural Resources, Ltd. (CAD denominated) | 3,869,229 | 158,228 | |
Chesapeake Energy Corp. | 2,292,340 | 136,486 | |
Weatherford International2,3 | 4,557,800 | 131,037 | |
ONEOK, Inc. | 1,604,238 | 95,998 | |
Suncor Energy, Inc. | 3,109,185 | 75,743 | |
Equitrans Midstream Corp. | 1,090,264 | 10,488 | |
5,165,943 |
The Growth Fund of America — Page 7 of 14
unaudited
Common stocks (continued) Materials 1.66% | Shares | Value (000) | |
Sherwin-Williams Company | 3,001,949 | $994,365 | |
Freeport-McMoRan, Inc. | 25,500,720 | 945,567 | |
Linde PLC | 2,426,566 | 771,988 | |
Vale SA, ordinary nominative shares (ADR) | 45,769,055 | 566,163 | |
Vale SA, ordinary nominative shares | 14,500,065 | 180,418 | |
Shin-Etsu Chemical Co., Ltd.1 | 3,190,800 | 533,457 | |
Barrick Gold Corp. | 11,871,422 | 225,438 | |
Celanese Corp. | 1,084,087 | 164,087 | |
Summit Materials, Inc., Class A2 | 3,725,006 | 138,943 | |
Ball Corp. | 929,853 | 86,895 | |
Allegheny Technologies, Inc.2 | 5,367,738 | 76,437 | |
PPG Industries, Inc. | 419,023 | 64,601 | |
LyondellBasell Industries NV | 722,348 | 62,938 | |
Packaging Corporation of America | 173,582 | 22,668 | |
Scotts Miracle-Gro Co., Class A | 109,714 | 15,896 | |
4,849,861 | |||
Consumer staples 1.64% | |||
Costco Wholesale Corp. | 2,569,314 | 1,385,837 | |
Constellation Brands, Inc., Class A | 2,712,368 | 611,178 | |
Philip Morris International, Inc. | 5,920,154 | 508,778 | |
Heineken NV1 | 4,118,804 | 410,015 | |
Altria Group, Inc. | 7,691,299 | 327,957 | |
Kerry Group PLC, Class A1 | 2,173,595 | 267,589 | |
Estée Lauder Companies, Inc., Class A | 678,232 | 225,221 | |
Pernod Ricard SA1 | 893,374 | 205,195 | |
Reckitt Benckiser Group PLC1 | 2,179,150 | 176,673 | |
Monster Beverage Corp.2 | 1,808,000 | 151,474 | |
Molson Coors Beverage Company, Class B, restricted voting shares | 2,305,207 | 102,443 | |
Herbalife Nutrition, Ltd.2 | 2,718,481 | 101,562 | |
Fevertree Drinks PLC1 | 2,408,000 | 82,640 | |
Archer Daniels Midland Company | 1,134,380 | 70,570 | |
British American Tobacco PLC1 | 2,075,467 | 69,671 | |
Grocery Outlet Holding Corp.2 | 2,345,852 | 67,936 | |
JUUL Labs, Inc., Class A1,2,5,6 | 433,213 | 22,700 | |
Kroger Co. | 478,847 | 19,887 | |
4,807,326 | |||
Utilities 0.54% | |||
PG&E Corp.2 | 78,032,987 | 927,032 | |
NextEra Energy, Inc. | 5,594,287 | 485,472 | |
Ørsted AS1 | 742,674 | 95,039 | |
AES Corp. | 3,432,051 | 80,242 | |
1,587,785 | |||
Real estate 0.33% | |||
SBA Communications Corp. REIT | 1,052,411 | 361,819 | |
Equinix, Inc. REIT | 273,178 | 221,875 | |
American Tower Corp. REIT | 823,394 | 216,124 | |
UDR, Inc. REIT | 2,868,000 | 162,702 | |
962,520 | |||
Total common stocks (cost: $115,546,522,000) | 281,305,409 |
The Growth Fund of America — Page 8 of 14
unaudited
Preferred securities 0.36% Financials 0.19% | Shares | Value (000) | |
Fannie Mae, Series S, 8.25% noncumulative preferred shares2,4 | 62,266,695 | $242,840 | |
Fannie Mae, Series T, 8.25% noncumulative preferred shares2 | 6,954,484 | 23,784 | |
Fannie Mae, Series O, 7.00% noncumulative preferred shares2 | 1,739,366 | 9,219 | |
Fannie Mae, Series R, 7.625% noncumulative preferred shares2 | 837,675 | 2,387 | |
Fannie Mae, Series P, 4.50% noncumulative preferred shares2 | 190,000 | 494 | |
Federal Home Loan Mortgage Corp., Series Z, 8.375% noncumulative preferred shares2,4 | 71,493,658 | 262,382 | |
Federal Home Loan Mortgage Corp., Series X, 6.02% noncumulative preferred shares2 | 239,000 | 626 | |
Federal Home Loan Mortgage Corp., Series V, 5.57% preferred shares2 | 212,500 | 521 | |
542,253 | |||
Consumer discretionary 0.09% | |||
GM Cruise Holdings LLC, Series F, preferred shares1,2,5,6 | 5,205,500 | 149,502 | |
Waymo LLC, Series A-2, 8.00% noncumulative preferred shares1,2,5,6 | 1,164,589 | 106,818 | |
Waymo LLC, Series B-2, preferred shares1,2,5,6 | 163,537 | 15,000 | |
271,320 | |||
Information technology 0.07% | |||
Chime Financial, Inc., Series G, preferred shares1,2,5,6 | 1,433,730 | 99,027 | |
Samsung Electronics Co., Ltd., nonvoting preferred shares1 | 1,366,500 | 73,877 | |
Stripe, Inc., Series H, 6.00% noncumulative preferred shares1,2,5,6 | 376,444 | 17,215 | |
PsiQuantum, Corp., Series D, preferred shares1,2,5,6 | 613,889 | 16,100 | |
206,219 | |||
Industrials 0.01% | |||
ABL Space Systems Co., Series B2, preferred shares1,2,5,6 | 576,000 | 39,166 | |
Total preferred securities (cost: $1,266,849,000) | 1,058,958 | ||
Rights & warrants 0.00% Energy 0.00% | |||
Cenovus Energy, Inc., warrants, expire 20262,3 | 1,057,393 | 7,632 | |
Total rights & warrants (cost: $3,563,000) | 7,632 | ||
Convertible bonds & notes 0.01% Consumer discretionary 0.01% | Principal amount (000) | ||
Royal Caribbean Cruises, Ltd., convertible notes, 4.25% 20233 | $15,708 | 18,783 | |
Total convertible bonds & notes (cost: $15,494,000) | 18,783 | ||
Short-term securities 4.06% Money market investments 3.95% | Shares | ||
Capital Group Central Cash Fund 0.07%3,8 | 115,662,952 | 11,566,295 |
The Growth Fund of America — Page 9 of 14
unaudited
Short-term securities (continued) Money market investments purchased with collateral from securities on loan 0.11% | Shares | Value (000) | |
Capital Group Central Cash Fund 0.07%3,8,9 | 1,472,182 | $147,219 | |
Goldman Sachs Financial Square Government Fund, Institutional Shares 0.03%8,9 | 91,457,999 | 91,458 | |
Invesco Short-Term Investments Trust – Government & Agency Portfolio, Institutional Class 0.03%8,9 | 73,609,106 | 73,609 | |
312,286 | |||
Total short-term securities (cost: $11,878,662,000) | 11,878,581 | ||
Total investment securities 100.63% (cost: $128,711,090,000) | 294,269,363 | ||
Other assets less liabilities (0.63)% | (1,845,025) | ||
Net assets 100.00% | $292,424,338 |
Investments in affiliates3
Value of affiliates at 9/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 11/30/2021 (000) | Dividend or interest income (000) | |
Common stocks 10.51% | |||||||
Information technology 0.82% | |||||||
MongoDB, Inc., Class A2 | $1,944,651 | $— | $74,321 | $44,075 | $479,804 | $2,394,209 | $— |
Consumer discretionary 1.58% | |||||||
Royal Caribbean Cruises, Ltd.2 | 1,926,185 | — | — | — | (300,581) | 1,625,604 | — |
Caesars Entertainment, Inc.2 | 1,672,612 | 66,363 | — | — | (190,946) | 1,548,029 | — |
NVR, Inc.2 | 939,843 | 58,199 | — | — | 8,008 | 1,006,050 | — |
Mattel, Inc.2 | 417,243 | 29,581 | — | — | (502) | 446,322 | — |
Burlington Stores, Inc.2,10 | 1,109,393 | — | 212,855 | 59,512 | (87,980) | — | — |
4,626,005 | |||||||
Communication services 4.97% | |||||||
Netflix, Inc.2 | 13,792,670 | — | 1,028,645 | 471,044 | 1,301,771 | 14,536,840 | — |
Health care 1.42% | |||||||
Insulet Corp.2 | 1,041,405 | 44,913 | — | — | (34,644) | 1,051,674 | — |
NovoCure, Ltd.2 | 1,266,535 | — | — | — | (382,858) | 883,677 | — |
Guardant Health, Inc.2 | 266,200 | 450,664 | — | — | (91,332) | 625,532 | — |
Biohaven Pharmaceutical Holding Co., Ltd.2 | 759,587 | — | 41,083 | 14,395 | (121,480) | 611,419 | — |
Oak Street Health, Inc.2,4 | 526,713 | 90,917 | — | — | (192,477) | 425,153 | — |
Allakos, Inc.2 | 316,956 | — | — | — | (38,428) | 278,528 | — |
Twist Bioscience Corp.2 | 285,727 | — | — | — | (44,698) | 241,029 | — |
Cortexyme, Inc.2,4 | 233,632 | 14,609 | 5,329 | (23,111) | (190,434) | 29,367 | — |
Allogene Therapeutics, Inc.2,10 | 173,924 | — | 62,046 | (80,556) | 20,589 | — | — |
4,146,379 | |||||||
Industrials 1.15% | |||||||
Carrier Global Corp. | 2,689,777 | 164,143 | 1,939 | (8) | (162,584) | 2,689,389 | 5,829 |
Dun & Bradstreet Holdings, Inc.2 | 432,904 | — | — | — | 15,823 | 448,727 | — |
Harmonic Drive Systems, Inc.1,4 | 284,744 | — | — | — | (73,623) | 211,121 | 461 |
3,349,237 | |||||||
Energy 0.57% | |||||||
Cenovus Energy ,Inc. | 1,077,536 | — | — | — | 463,381 | 1,540,917 | 1,795 |
Weatherford International2 | 68,075 | 4,950 | — | — | 58,012 | 131,037 | — |
1,671,954 |
The Growth Fund of America — Page 10 of 14
unaudited
Investments in affiliates3 (continued)
Value of affiliates at 9/1/2021 (000) | Additions (000) | Reductions (000) | Net realized gain (loss) (000) | Net unrealized appreciation (depreciation) (000) | Value of affiliates at 11/30/2021 (000) | Dividend or interest income (000) | |
Consumer staples 0.00% | |||||||
Herbalife Nutrition, Ltd.2,10 | $466,788 | $— | $277,205 | $(39,801) | $(48,220) | $— | $— |
Total common stocks | 30,724,624 | ||||||
Rights & warrants 0.00% | |||||||
Energy 0.00% | |||||||
Cenovus Energy, Inc., warrants, expire 20262 | 4,836 | — | — | — | 2,796 | 7,632 | — |
Convertible bonds & notes 0.01% | |||||||
Consumer discretionary 0.01% | |||||||
Royal Caribbean Cruises, Ltd., convertible notes, 4.25% 2023 | 21,225 | — | — | — | (2,442) | 18,783 | 198 |
Short-term securities 4.00% | |||||||
Money market investments 3.95% | |||||||
Capital Group Central Cash Fund 0.07%8 | 8,094,078 | 7,894,468 | 4,421,347 | (216) | (688) | 11,566,295 | 1,418 |
Money market investments purchased with collateral from securities on loan 0.05% | |||||||
Capital Group Central Cash Fund 0.07%8,9 | 101,118 | 46,10111 | 147,219 | —12 | |||
Total short-term securities | 11,713,514 | ||||||
Total 14.52% | $445,334 | $386,267 | $42,464,553 | $9,701 |
1 | Valued under fair value procedures adopted by authority of the board of trustees. The total value of all such securities was $17,551,936,000, which represented 6.00% of the net assets of the fund. This amount includes $15,841,112,000 related to certain securities trading outside the U.S. whose values were adjusted as a result of significant market movements following the close of local trading. |
2 | Security did not produce income during the last 12 months. |
3 | Affiliate of the fund or part of the same “group of investment companies“ as the fund, as defined under the Investment Company Act of 1940, as amended. |
4 | All or a portion of this security was on loan. The total value of all such securities was $352,850,000, which represented .12% of the net assets of the fund. |
5 | Value determined using significant unobservable inputs. |
6 | Acquired through a private placement transaction exempt from registration under the Securities Act of 1933. May be subject to legal or contractual restrictions on resale. Further details on these holdings appear below. |
7 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $944,576,000, which represented .32% of the net assets of the fund. |
8 | Rate represents the seven-day yield at 11/30/2021. |
9 | Security purchased with cash collateral from securities on loan. |
10 | Unaffiliated issuer at 11/30/2021. |
11 | Represents net activity. |
12 | Dividend income is included with securities lending income and is not shown in this table. |
Private placement securities | Acquisition date | Cost (000) | Value (000) | Percent of net assets |
GM Cruise Holdings LLC, Series F, preferred shares | 5/7/2020 | $95,000 | $149,502 | .05% |
Waymo LLC, Series A-2, 8.00% noncumulative preferred shares | 5/1/2020 | 100,000 | 106,818 | .03 |
Waymo LLC, Series B-2, preferred shares | 6/11/2021 | 15,000 | 15,000 | .01 |
Epic Games, Inc. | 3/29/2021 | 74,560 | 109,111 | .04 |
Verily Life Sciences LLC | 12/21/2018 | 83,000 | 100,784 | .03 |
Chime Financial, Inc., Series G, preferred shares | 8/24/2021 | 99,027 | 99,027 | .03 |
Stripe, Inc., Class B | 5/6/2021 | 45,080 | 51,373 | .02 |
Stripe, Inc., Series H, 6.00% noncumulative preferred shares | 3/15/2021 | 15,105 | 17,215 | .01 |
Acerta Pharma BV | 5/7/2015 | 15,750 | 39,452 | .01 |
ABL Space Systems Co., Series B2, preferred shares | 10/22/2021 | 39,166 | 39,166 | .01 |
JUUL Labs, Inc., Class A | 4/8/2019 | 120,000 | 22,700 | .01 |
PsiQuantum, Corp., Series D, preferred shares | 5/28/2021 | 16,100 | 16,100 | .01 |
Total private placement securities | $717,788 | $ 766,248 | .26% |
The Growth Fund of America — Page 11 of 14
unaudited
Valuation disclosures
Capital Research and Management Company (“CRMC”), the fund’s investment adviser, values the fund’s investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.
Methods and inputs — The fund’s investment adviser uses the following methods and inputs to establish the fair value of the fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Equity securities are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.
Fixed-income securities, including short-term securities, are generally valued at prices obtained from one or more pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.
Fixed-income class | Examples of standard inputs |
All | Benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data (collectively referred to as “standard inputs”) |
Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
Mortgage-backed; asset-backed obligations | Standard inputs and cash flows, prepayment information, default rates, delinquency and loss assumptions, collateral characteristics, credit enhancements and specific deal information |
When the fund’s investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or deemed to be not representative), fixed-income securities will be valued in good faith at the mean quoted bid and ask prices that are reasonably and timely available (or bid prices, if ask prices are not available) or at prices for securities of comparable maturity, quality and type.
Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund’s investment adviser. The Capital Group Central Cash Fund (“CCF”), a fund within the Capital Group Central Fund Series (“Central Funds“), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF’s portfolio securities. The underlying securities are valued based on the policies and procedures in CCF’s statement of additional information.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund’s investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by authority of the fund’s board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security; contractual or legal restrictions on resale of the security; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.
The Growth Fund of America — Page 12 of 14
unaudited
Processes and structure — The fund’s board of trustees has delegated authority to the fund’s investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Fair Valuation Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Fair Valuation Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation teams. The Fair Valuation Committee reviews changes in fair value measurements from period to period and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. The Fair Valuation Committee reports any changes to the fair valuation guidelines to the board of trustees. The fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
The fund’s investment adviser has also established a Fixed-Income Pricing Review Group to administer and oversee the fixed-income valuation process, including the use of fixed-income pricing vendors. This group regularly reviews pricing vendor information and market data. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser’s global risk management group.
Classifications — The fund’s investment adviser classifies the fund’s assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The following table presents the fund’s valuation levels as of November 30, 2021 (dollars in thousands):
Investment securities | ||||
Level 1 | Level 2 | Level 3 | Total | |
Assets: | ||||
Common stocks: | ||||
Information technology | $66,489,278 | $6,031,618 | $51,373 | $72,572,269 |
Consumer discretionary | 67,091,645 | 5,169,812 | — | 72,261,457 |
Communication services | 49,911,296 | 647,005 | 109,111 | 50,667,412 |
Health care | 32,074,307 | 554,461 | 140,236 | 32,769,004 |
Industrials | 16,706,208 | 2,091,422 | — | 18,797,630 |
Financials | 16,486,988 | 377,214 | — | 16,864,202 |
Energy | 5,165,943 | — | — | 5,165,943 |
Materials | 4,316,404 | 533,457 | — | 4,849,861 |
Consumer staples | 3,572,843 | 1,211,783 | 22,700 | 4,807,326 |
Utilities | 1,492,746 | 95,039 | — | 1,587,785 |
Real estate | 962,520 | — | — | 962,520 |
Preferred securities | 542,253 | 73,877 | 442,828 | 1,058,958 |
Rights & warrants | 7,632 | — | — | 7,632 |
Convertible bonds & notes | — | 18,783 | — | 18,783 |
Short-term securities | 11,878,581 | — | — | 11,878,581 |
Total | $276,698,644 | $16,804,471 | $766,248 | $294,269,363 |
Key to abbreviations |
ADR = American Depositary Receipts |
CAD = Canadian dollars |
The Growth Fund of America — Page 13 of 14
unaudited
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 prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.
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.
American Funds Distributors, Inc., member FINRA.
© 2022 Capital Group. All rights reserved.
MFGEFP1-005-0122O-S85367 | The Growth Fund of America — Page 14 of 14 |