7-day free trial: Get unlimited comparisons, and stock, ETF and mutual fund analyses for just $14.95 a month, without ads. Start a free trial. Go ad free!

15 important things you should know about American Growth AMRGX mutual fund

Updated: September 09, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • 15-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for AMRGX “stock” price, you can quickly find it out by visiting Finny and typing "AMRGX quote". If you’re looking for a quick scoop on AMRGX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AMRGX". You’ll get all this info in one place.

Are you looking to buy or sell AMRGX? Or perhaps you’re looking for AMRGX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AMRGX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AMRGX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AMRGX buy or sell; the pros and cons of investing in AMRGX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AMRGX.

And here is the list of questions we’ll answer:

  1. Describe American Growth Fund, Inc: American Growth Fund Series One; Class D Shares (AMRGX).
  2. What are AMRGX holdings?
  3. What is AMRGX performance? What are AMRGX historical returns?
  4. How many up and down years did AMRGX have historically?
  5. What is AMRGX dividend yield?
  6. What is AMRGX minimum initial investment amount?
  7. What is AMRGX expense ratio?
  8. Does AMRGX have any sales loads or 12b-1 distribution expenses?
  9. What is AMRGX tax efficiency (tax-cost ratio)?
  10. What is AMRGX beta? How would you assess AMRGX risk?
  11. What is AMRGX Sharpe ratio?
  12. What is AMRGX Finny Score? AMRGX buy or sell?
  13. What are the pros of investing in AMRGX? What are AMRGX buy reasons?
  14. What are the cons of investing in AMRGX? What are AMRGX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Growth Fund, Inc: American Growth Fund Series One; Class D Shares (AMRGX).

The Fund seeks growth of capital. The Fund uses a growth style of management. The Fund invests in security portfolio made up of common stock and securities convertible into common stock issued by large companies, and to a lesser extent, small and mid-sized companies.

2. What are AMRGX top holdings?

AMRGX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 40.82% of total assets. Here are the top holdings:

Name Symbol % Assets
Apple Inc AAPL 7.56%
CVS Health Corp CVS 4.30%
Biogen Inc BIIB 3.97%
Visa Inc Class A V 3.97%
UnitedHealth Group Inc UNH 3.91%
Facebook Inc Class A FB 3.83%
Home Depot Inc HD 3.59%
Danaher Corp DHR 3.44%
Monster Beverage Corp MNST 3.15%
Google Inc Class C GOOG 3.10%

3. What is AMRGX performance? What are AMRGX historical returns?

AMRGX has generated the following returns:

  • 1-month return is 3.02%;
  • 3-month return is 7.89%;
  • 1-year return is 14.53%;
  • 3-year return is 11.72%;
  • 5-year return is 11.33%;
  • 10-year return is 11.10%;
  • 15-year return is 6.02%.

4. How many up and down years did AMRGX have historically?

In the last 10 years, AMRGX had 7 up years and 3 down years.

5. What is AMRGX dividend yield?

AMRGX yield is 0%.

6. What is AMRGX minimum initial investment amount?

AMRGX minimum initial investment amount is N/A.

7. What is AMRGX expense ratio?

AMRGX expense ratio is 5.1%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does AMRGX have any sales loads or 12b-1 distribution expenses?

AMRGX 12b-1 distribution fee is 0. AMRGX front-end sales load is 5.75. AMRGX back-end sales load is 0.

9. What is AMRGX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0%;
  • 3-year ax cost ratio is 0%.

10. What is AMRGX beta? How would you assess AMRGX risk?

  • 3-year beta is 0.98;
  • 5-year beta is 1.02;
  • 10-year beta is 1.09.

11. What is AMRGX Sharpe ratio?

  • 3-year Sharpe ratio is 0.57;
  • 5-year Sharpe ratio is 0.51;
  • 10-year Sharpe ratio is 0.69.

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in AMRGX? What are AMRGX buy reasons?

We don't see any strong reasons to buy AMRGX.

14. What are the cons of investing in AMRGX? What are AMRGX negatives?

The following are AMRGX weaknesses from our perspective:

  • AMRGX net assets are $6.90 million. This fund is not a popular choice with retail investors.
  • AMRGX 3-year return is 11.72%, which is lower than the 3-year return of the benchmark index (S&P 500 TR USD), 13.64%.
  • AMRGX 5-year return is 11.33%, which is lower than the 5-year return of the benchmark index (S&P 500 TR USD), 14.57%.
  • AMRGX 10-year return is 11.1%, which is lower than the 10-year return of the benchmark index (S&P 500 TR USD), 14.33%.
  • AMRGX 15-year return is 6.02%, which is lower than the 15-year return of the benchmark index (S&P 500 TR USD), 9.4%.
  • AMRGX expense ratio is 5.1%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a front-end sales fee. The maximum front-end fee is 5.75%. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the AMRGX review, we covered AMRGX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
Follow Us