American Funds American Mutual A (AMRMX) a Zacks Ranked #2 (Buy) seeks to provide current income, capital growth and conservation of principal. AMRMX invests in common stocks of companies, U.S. government securities, bonds rated A or better and cash. American Funds American Mutual A offers dividends quarterly in March, June, September and December. Capital gains are distributed in December.
This Large Value fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth, Foreign Stock. Further, as of the last filing, Amgen, Abbvie and Verizon Communications were the top holdings for AMRMX.
The American Funds American Mutual A, managed by American Funds, carries an expense ratio of 0.59, but it does come with a 0.25% management fee. Moreover, AMRMX requires a minimal initial investment of $250.
AMRMX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 10.45%, 3 year 14.64%, and 5 year 13.03%. To see how this fund performed compared in its category, please click here.
AMRMX’s performance, as of the last filing, when compared to funds in its category was in the top 30% in 1 year, top 48% over the past 3 years, and in the 41% over the past 5 years.
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