AEPGX a mutual fund to die for?

My retirement is all in AEPGX. Yet Morningstar says it is bloated and can't manuever so I'm not sure if I should move my money over to a more trusty American Fund?

A good fund but woldn't hurt to diversify within the american fund family. you can make exchanges within the fund family at NAV but their may still be tax implications if this in not in a qualified retirement account.

That said: I would suggest you consider CAIBX, CWGIX, ANCFX, and ANWPX as a nice portfolio with historically attractive returns with less risk than what you currently hold.

For conservative investors, I also suggest AMECX or ABALX.

To tell you the truth, I would absolutely hate to attempt to manage a billion dollar portfolio much less a $100 billion portfolio. But look at it this way. It is sort of a world wide index fund with a darn good record.

Now as for moving your money. If you have all of your money in that one fund, you are not as diversified as you should be with your retirement savings. But not too bad. American Funds has some other really good funds that you can move a portion of your assets to and add to your diversity and hopefully reduce your risk. I would not move it all. I would leave 25 to 50% there. You might even increase your annual return.