American Funds Moderate Growth and Income Portfolio

AMERICAN FUNDS PORTFOLIO SERIES · 23 share classes

Actively managed U.S. equity fund
One fund, 23 share classes:BLPAXBLPCXBLPFXBLPEXCBAAXCBPCXCBAEXCBAFXRBAAXRBABXRBACXRBAEXRBAFXRBAGXRBBEXRGPFXBLPDXTBPBXTBBPXCBAGXCBBGXFPPBXFBBPX
$16.86B NAV
13 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

American Funds Moderate 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 objectives are to provide current income and long-term growth of capital and income.

Strategy · summarised

The fund invests in a mix of American Funds selected and weighted by the adviser to balance current income and long-term capital growth. The underlying funds span growth, equity-income, balanced, and fixed-income strategies, with the fund maintaining at least 45% in equities and at least 25% in bonds and debt securities through these holdings. The adviser adjusts the combination of underlying funds based on historical volatility, returns, current market conditions, and how past combinations would have performed across different market environments. The fund may hold junk bonds rated BB+ or below to enhance income generation, and seeks exposure to dividend-paying stocks and investments outside the United States, including emerging markets.

Expenses
0.35% 1.44%across 23 share classes
Share classGrossNet
BLPAX0.65%
BLPCX1.39%
BLPFX0.70%
BLPEX0.45%
CBAAX0.68%
CBPCX1.44%
CBAEX0.93%0.93%
CBAFX0.75%0.75%
RBAAX1.41%1.41%
RBABX1.43%
RBACX0.98%
RBAEX0.68%
RBAFX0.40%
RBAGX0.35%
RBBEX1.15%
RGPFX0.49%
BLPDX0.35%
TBPBX0.69%0.69%
TBBPX0.64%
CBAGX0.64%0.59%
CBBGX0.42%0.37%
FPPBX0.40%0.40%
FBBPX0.44%0.44%

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

Portfolio turnover 4.00% · as of 2025 Q4

Allocation

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

100.41%
of net assets
Stocks70.47%
Bonds20.03%
Securitized5.45%
Cash & short-term4.35%
Loans0.17%
Derivatives-0.05%

Look-through blends 11 underlying funds; 6.959% 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: GROWTH FUND OF AMERICA (THE), 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
+21.46%+48.21%+43.71%9.34%-7.16%
+20.52%+44.97%+38.51%9.34%-7.28%
+21.44%+48.01%+43.47%9.32%-7.11%
+21.71%+49.16%+45.27%9.33%-7.10%
+21.43%+48.07%+43.58%9.31%-7.12%
+20.52%+44.79%+38.24%9.36%-7.28%
+21.12%+47.04%+41.89%9.34%-7.20%
+21.66%+48.83%+44.85%9.30%-7.06%
+20.52%+44.84%+38.39%9.35%-7.31%
+20.53%+44.81%+38.35%9.36%-7.34%
+21.06%+46.77%+41.43%9.29%-7.20%
+21.41%+48.05%+43.55%9.34%-7.11%
+21.75%+49.32%+45.66%9.32%-7.02%
+21.80%+49.62%+46.01%9.31%-7.07%
+20.81%+46.06%+40.23%9.33%-7.23%
+21.63%+48.88%+44.96%9.32%-7.06%
+21.87%+49.60%+45.98%9.35%-7.03%
+21.70%+49.14%+45.34%9.32%-7.04%
+21.82%+49.45%+45.74%9.35%-7.03%
+21.50%+48.47%+44.25%9.31%-7.10%
+21.79%+49.50%+45.87%9.33%-7.04%
+21.77%+49.33%+45.53%9.32%-7.05%
+21.71%+49.14%+45.25%9.32%-7.06%

These classes hold the same portfolio, so the 7.77pp spread over 5 years is the cost difference between them — roughly 1.55pp 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
AMERICAN BALANCED FUND (AMBAL)RLBGX21.02%$3.54B
AMERICAN FUNDS GLOBAL BALANCED FUND (GBAL)RGBGX14.97%$2.52B
WASHINGTON MUTUAL INVESTORS FUND (WMIF)RWMGX12.04%$2.03B
CAPITAL WORLD GROWTH & INCOME FUNDRWIGX10.04%$1.69B
INCOME FUND OF AMERICA (THE) (IFA)RIDGX10.02%$1.69B
SMALLCAP WORLD FUND INCRLLGX5.04%$848.83M
NEW PERSPECTIVE FUND (NPF)RNPGX4.98%$839.20M
AMERICAN FUNDS MULTI-SECTOR INCOME FUND (MSI)RMDUX4.96%$836.58M
BOND FUND OF AMERICA (THE) (BFA)4.96%$835.74M
AMERICAN FUNDS STRATEGIC BOND FUND (SBF)RANGX4.95%$833.90M
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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 92.97% of net assets, top 25 99.98%, across 13 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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