American Funds' Growth Fund of America, the nation's biggest fund and, since 2003, its best-selling, should close, analysts told Bloomberg.

With $142 billion in assets, the fund alone would rank as the eighth-largest fund company in the nation. In the past three years, it has nearly doubled in size, attracting $63 billion in net new assets, which is not surprising, given its annual average returns of 17% in that period.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.