American Funds American Mutual Fund (AMRMX)

American Funds American Mutual Fund (Ticker: AMRMX) is a large value mutual fund. It invests in stock of U.S. companies which provide sustainable dividend.

American Funds American Mutual Fund (AMRMX)

The American Funds American Mutual Fund objective is to seek current income, capital growth and principal conservation. It utilizes its assets to purchase common stocks of United States and Canada companies with growth and sustainable dividends. It may invest in bonds and other debt securities. The fund’s NAV is $28.38‎.

Fund Details
    American Funds American Mutual Fund (AMRMX)
  • Fund Inception Date: February 21, 1950
  • Ticker Symbol: AMRMX
  • CUSIP: 027681
  • Beta (3yr): 0.78
  • Rank in category (YTD): 67%
  • Category: Large Value
  • Distribution: 2.36%
  • Capital Gains: 0%
  • Expense Ratio: 0.62%
  • Net Assets: $ 22.00 billion
  • Number of Years Up: 51 years
  • Number of Years Down: 10 years
  • Annual Turnover Rate: 23%
Updated on 11/06/2012

Joyce E. Gorden, the Senior VP and Director with Capital Research Global Investors, is this fund manager. This fund has total net assets of $22.00 billion. It has 0.62% expense ratio. This expense fee is lower than the category average, 1.19%. The investors of this fund receive 2.36% dividend yield. This dividend is distributed in March, June, September and December. The most recent distribution was given in June 2012 ($0.16). The capital gains (if any) are paid in December.

Top Performer Large Cap Stock ETFs 2012

Since its inception in 1950, this domestic stock fund has recorded in 51 years of positive return and 10 years of negative return. The best 1-year total return was recorded in 1997 with 26.39%. The worst 1 year performance was occurred in 2008 with -30.04%. The fund has returned 5.92% over the past 10-year and 10.32% over the past 3-years. The 3-year beta is 0.78.

This AMRMX fund can be purchased from 82 brokerages, such as Merrill Lynch, E Trade Load Fee, Royal Alliance, Vanguard, JP Morgan, Ameriprise Brokerage, Bear Stearns, Principal Advantage, etc. The minimum initial investment is $250 for brokerage and retirement account. The minimum subsequent investment needed is $50.  The other classes of this fund are Class B (AMFBX) and Class C (AMFCX).

As of the June 2012, the largest industry holdings are Pharmaceuticals (7.8%); Oil, Gas & Consumable Fuels (6.3%); Diversified Telecommunication Services (5.8%); Electric Utilities (4.8%); and Media (4.8%). The largest equity holdings as of August 2012 are Abbott Laboratories (3.6%), Home Depot (3.1%), Verizon (3.0%), Amgen (3.0%), Kraft Foods (2.1%), Microsoft (2.1%), AT&T (2.1%), Chevron (1.9%), United Parcel Service (1.8%) and Dow Chemical (1.7%).

According to the fund prospectus, the principal investment risks are market risk, investing in growth-oriented stocks risk, investing in income-oriented stocks, investing in bonds, management risks, etc.

Disclosure: No Position

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