American Funds Growth and Income Portfolio

AMERICAN FUNDS PORTFOLIO SERIES · 23 share classes

Actively managed U.S. equity fund
One fund, 23 share classes:GAIOXGAITXGAIFXGAIEXCGNAXCGNCXCGNEXCGNFXRGNAXRGNBXRAICXRGNEXRGNFXRGNGXRBEGXRGQFXGAIHXTGXIXTGGGXCGNGXFGIIXCGLGXFGGIX
$22.97B NAV
14 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

American Funds Growth and Income Portfolio is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2025 Q4

The funds investment objective is to provide long-term growth of capital while providing current income.

Strategy · summarised

The fund invests in a mix of other American Funds, predominantly equity and balanced funds, to achieve long-term capital growth and current income. Through these underlying funds, it gains significant exposure to growth-oriented common stocks and dividend-paying stocks, with meaningful allocation to investments outside the United States including emerging markets. The underlying funds may hold debt securities across a wide range of quality, including substantial exposure to bonds rated BB+ or below. Because the fund's returns depend on the investment performance and positioning of the underlying funds it selects, changes in those funds' strategies or performance will affect the fund's results.

Expenses
0.34% 1.44%across 23 share classes
Share classGrossNet
GAIOX0.65%
GAITX1.39%
GAIFX0.70%
GAIEX0.44%
CGNAX0.68%
CGNCX1.44%
CGNEX0.92%0.92%
CGNFX0.75%0.75%
RGNAX1.42%1.42%
RGNBX1.40%
RAICX0.98%
RGNEX0.67%
RGNFX0.40%
RGNGX0.34%
RBEGX1.14%
RGQFX0.48%
GAIHX0.34%
TGXIX0.64%
TGGGX0.69%0.69%
CGNGX0.61%0.56%
FGIIX0.39%0.39%
CGLGX0.41%0.36%
FGGIX0.43%0.43%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 2.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.26%
of net assets
Stocks80.38%
Bonds12.92%
Securitized3.69%
Cash & short-term3.17%
Loans0.14%
Derivatives-0.03%

Look-through blends 12 underlying funds; 7.954% of NAV was not looked through and stays direct-classified.

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 3 new0 exited

New: FUNDAMENTAL INVESTORS, NEW WORLD FUND INC, AMERICAN FUNDS EMERGING MARKETS BOND FUND (EMBF)

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+24.60%+59.17%+53.73%11.14%-7.74%
+23.65%+55.71%+48.14%11.16%-7.87%
+24.53%+59.03%+53.45%11.18%-7.75%
+24.80%+60.22%+55.44%11.15%-7.67%
+24.58%+59.07%+53.52%11.20%-7.76%
+23.58%+55.45%+47.81%11.13%-7.87%
+24.25%+57.91%+51.78%11.18%-7.77%
+24.77%+59.91%+54.92%11.14%-7.70%
+23.67%+55.62%+48.04%11.17%-7.86%
+23.66%+55.70%+48.15%11.17%-7.88%
+24.22%+57.72%+51.40%11.21%-7.79%
+24.58%+59.11%+53.70%11.19%-7.69%
+24.89%+60.49%+55.88%11.19%-7.65%
+24.97%+60.71%+56.24%11.20%-7.65%
+23.97%+56.91%+50.10%11.14%-7.82%
+24.80%+60.07%+55.17%11.20%-7.71%
+24.97%+60.71%+56.23%11.16%-7.66%
+24.91%+60.39%+55.83%11.18%-7.62%
+24.86%+60.12%+55.40%11.17%-7.64%
+24.65%+59.58%+54.53%11.17%-7.67%
+24.91%+60.38%+55.81%11.16%-7.62%
+24.93%+60.53%+56.02%11.16%-7.67%
+24.87%+60.22%+55.44%11.19%-7.69%

These classes hold the same portfolio, so the 8.43pp spread over 5 years is the cost difference between them — roughly 1.69pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
CAPITAL WORLD GROWTH & INCOME FUNDRWIGX15.04%$3.45B
INVESTMENT COMPANY OF AMERICARICGX11.94%$2.74B
WASHINGTON MUTUAL INVESTORS FUND (WMIF)RWMGX10.04%$2.31B
CAPITAL INCOME BUILDER (CIB)RIRGX10.03%$2.30B
AMERICAN BALANCED FUND (AMBAL)RLBGX10.02%$2.30B
SMALLCAP WORLD FUND INCRLLGX8.05%$1.85B
FUNDAMENTAL INVESTORSRFNGX5.04%$1.16B
AMERICAN FUNDS GLOBAL INSIGHT FUNDRGLGX5.01%$1.15B
GROWTH FUND OF AMERICA (THE)4.97%$1.14B
AMERICAN FUNDS MULTI-SECTOR INCOME FUND (MSI)RMDUX4.96%$1.14B
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Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.

Top 10 positions are 85.09% of net assets, top 25 99.97%, across 14 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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