The American Funds Growth and Income Portfolio Class C (GAITX) is a mutual fund that focuses on providing investors with a balanced approach to growth and income. This fund invests in a mix of stocks and bonds, with a focus on companies that have the potential for long-term growth and also offer regular dividend payments. The Class C shares of this fund have a lower expense ratio compared to other share classes, making it a more cost-effective option for investors. With a diversified portfolio and a focus on both growth and income, GAITX offers a well-rounded investment option for those looking to build wealth over time.