Growth-Income Fund
Data updated: 2026-08-27
C000023926 — Growth-Income Fund. United States Large Cap Blend / Core Equity · $45.97B AUM · 0.28% expense ratio. Holdings, fees, performance and SEC filings.
C000023926 Fund Overview
Growth-Income Fund is a US mutual fund managed by American Funds Insurance Series, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Funds Insurance Series
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $45.97B
- 1-year return: 21.4%
- SEC CIK: 0000729528
- SEC series ID: S000008795
- Share class ID: C000023926
C000023926 Investment Objective and Strategy
Growth-Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Funds Insurance Series.
Investment objective
The funds investment objectives are to achieve long-term growth of capital and income.
Principal investment strategy
The fund invests primarily in common stocks or other securities that the investment adviser believes demonstrate the potential for appreciation and/or dividends. The fund may invest up to 15% of its assets outside the United States. The fund is designed for investors seeking both capital appreciation and income. The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities.
Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
C000023926 Holdings
Top 10 holdings of Growth-Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 6.67% |
| Broadcom, Inc. | 5.46% |
| Microsoft Corp. | 5.19% |
| Amazon.com, Inc. | 4.59% |
| Eli Lilly And Co. | 3.86% |
| Alphabet, Inc. | 3.78% |
| Applied Materials, Inc. | 3.46% |
| Meta Platforms, Inc. | 3.20% |
| Capital Group Central Cash Fund | 2.89% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 2.54% |
C000023926 Portfolio Allocation
Asset-class allocation of Growth-Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 2.9% |
C000023926 Performance
Total returns for C000023926 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.9% |
| 1 year | 21.4% |
| 3 years (annualised) | 21.7% |
| 5 years (annualised) | 13.5% |
C000023926 Risk Information
Risk metrics for C000023926, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.4%
C000023926 Costs and Fees
C000023926 costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.28%
- Portfolio turnover: 27%
- Brokerage commissions: 0.98 bps of average net assets (SEC N-CEN)
C000023926 Cashflows
Over the 12 months to 2026-06, Growth-Income Fund had net outflows of $1.48B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $2.84B |
| 2026-05 | −$308.73M |
| 2026-04 | −$409.46M |
| 2026-03 | −$374.55M |
| 2026-02 | −$304.44M |
| 2026-01 | −$395.06M |
C000023926 Debt Constituents
No individual debt constituents are reported in Growth-Income Fund's latest SEC N-PORT filing.
C000023926 Prospectus and SEC Filings
Official Growth-Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-30
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus (485BPOS) — filed 2024-04-30
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-03-16
- Annual census (N-CEN) — filed 2025-03-17
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.