American Funds Growth and Income Portfolio Class F-1 (GAIFX)
American Funds Growth and Income Portfolio Class F-1 operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $22.87, down 0.04% on the session, giving a market capitalisation of $23.28B. Its beta of 1.08 implies it has historically moved more than the broad market.
The fund strives to achieve both sustained capital appreciation and ongoing income generation. It accomplishes this by allocating investments across a diverse selection of American Funds, employing various weightings and combinations. The majority of these underlying holdings will consist of equity-focused funds, encompassing growth, growth-and-income, equity-income, and balanced categories. Consequently, the portfolio will maintain substantial exposure to common stocks exhibiting strong growth potential. A portion of its income is also expected to derive from investments in dividend-paying equities. Furthermore, the fund intends to gain exposure to companies headquartered internationally, including those located in emerging markets.
American Funds Growth and Income Portfolio Class F-1 is most often compared with the following Financial Services names: