Best American Funds Mutual Funds for 2013

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Best American Funds mutual funds for 2013; top stock, bond, balanced fund by American Funds. The top 27 American Funds for 2013 are American Funds American Mutual Fund, American Funds Income Fund of America, American Funds EuroPacific Growth, etc. Best American Funds Mutual Funds for 2013

Top American Funds for 2013

American Funds is the second largest mutual fund family with over $1 trillion in assets under management, behind Vanguard Investment. It provides superb funds for investors; however some of the funds have been lagging behind their peers. This fund is managed by Capital Research and Management, part of the Capital Group Companies.

These best American Funds Mutual Funds for 2013 are selected based on its performance history. The class A fund has a front end sales load. If you want a no load fund, you may need to find other classes. It offers Class B, Class C, Class F-1, Class F-2, Class R1, Class R2, Class R3, Class R4, Class R5, Class R6, Class 529A, Class 529B, Class 529C, Class 529E, Class 529F, etc. Class R6 is typically has no sales load and lower expense ratio fee.

Most of the American Funds are offered in your retirement account through 401(k) account, Traditional IRA, Roth IRA, etc. You can invest in this fund from your regular brokerage as well. This American funds family has a low minimum initial investment requirement of $250.

27 best American Funds mutual funds for 2013 are:
  1. American Funds American Mutual Fund
  2. American Funds Income Fund of America Fund
  3. American Funds EuroPacific Growth Fund
  4. American Funds Tax-Exempt Bond Fund
  5. American Funds New Perspective Fund
  6. American Funds International Growth and Income Fund
  7. American Funds New World Fund
  8. American Funds AMCAP Fund
  9. American Funds Tax-Exempt CA Fund
  10. American Funds American Balanced Fund
  11. American Funds American High Income Trust Fund
  12. American Funds Intermediate Bond Fund of America Fund
  13. American Funds Capital World Growth and Income Fund
  14. American Funds Capital World Bond Fund
  15. American Funds Capital Income Builder Fund
  16. American High-Income Municipal Bond Fund
  17. American Funds Fundamental Investors Fund
  18. American Funds Growth Fund of America Fund
  19. American Funds Investment Company of America Fund
  20. American Funds New Economy Fund
  21. American Funds SMALLCAP World Fund
  22. American Funds Tax-Exempt VA Fund
  23. American Funds Tax-Exempt MD Fund
  24. American Funds Washington Mutual Fund
  25. American Funds Target Date Retirement 2030 Fund
  26. American Funds Target Date Retirement 2040 Fund
  27. American Funds Target Date Retirement 2050 Fund
Updated on 2/11/2013

American Funds American Mutual Fund (AMRMX)

American Funds American Mutual Fund is one of the best American funds for 2013. It is ranked with 4 stars and gold rating. It utilizes its assets to purchase companies stocks that are growing of the American economy and have sustainable dividends. This equity fund has dividend yield of 2.37%. It has $23.1 billion of assets. Its expense ratio is only 0.63%.

In 2012, this best American funds mutual fund has YTD return of 12.33%. Based on load adjusted returns, this fund has returned 7.57% over the past 3 year, and 6.52% over the past 10 year. The best 1 year total return is achieved in 2009 with 25.43%.

As of January 2013, the top 5 stocks in its portfolio are Verizon Communications Inc, Amgen Inc, Abbott Laboratories, Home Depot Inc, and Microsoft Corporation. The top 2 sectors of this large value mutual fund are industrials, and healthcare. The fund’s shares price is $29.71 (1/26/2013).

American Funds Income Fund of America Fund (AMECX)

American Funds Income Fund of America Fund is a balanced fund. It invests majority of its assets in income-producing securities such as dividend-paying common stocks, and interest-paying bonds. It has 12-month yield of 3.77%. The portfolio turnover rate is 41%. Its expense is only 0.59% per year. The fund’s NAV is $18.70.

This best moderate allocation fund has investment style of large value. The risk rating is below average. Morningstar has ranked it with silver rating. You can buy this fund for your retirement account with as little as $250. The top 2 stocks are Merck & Co Inc, and General Electric Co. The 3 year average return is 11.41%.

American Funds EuroPacific Growth Fund (AEPGX)

American Funds EuroPacific Growth Fund focuses its investment in common stocks of Europe and the Pacific Basin companies with growth potential. Its expense ratio is 084% per year. This fund has 10 portfolio managers including Stephen E. Bepler and Mark E. Denning. The class A has 5.75% sales load.

Ranked with gold rating, it has a 5- year annualized return of 1.23%. It is available to be purchased from 86 brokerages such as E*Trade Financial, TD Ameirtrade, Scottrade, JPMorgan INVEST, Fidelity, etc. The 3 year beta risk is 0.94. The number of years up (positive return) is 22 years.

American Funds Tax-Exempt Bond Fund (AFTEX)

American Funds Tax-Exempt Bond Fund is the top national intermediate municipal bond fund in American Funds family. Its objective is to provide high level of current income exempt from federal income tax, consistent with the preservation of capital. It has a dividend yield of 3.51% per year. The fund’s inception date is October 2, 1979. The fund managers are Neil L. Langberg, Brenda S. Ellerin, and Karl J. Zeile.

MoreBest Fidelity Mutual Funds 2013

As one of the best American Funds for 2013, it has 4 star rating. The holding turnover rate is only 14%. It is open to new investors. The top 3 bond sectors are health, transportation, and state & local general obligation. The fund past 5 years performance is as follows:
  • Year 2012: 8.91%
  • Year 2011: 10.22%
  • Year 2010: 2.08%
  • Year 2009: 15.24%
  • Year 2009: -7.09%

American Funds American High Income Trust Fund (AHITX)

American Funds American High Income Trust Fund uses its assets to buy higher yielding and generally lower quality debt securities. It may invest in US and foreign debts. The current yield is 7.04%. David C. Barclay is the lead manager. Its expense ratio is 0.69%. This high yield bond has an average effective duration of 3.38 years. The average credit quality is B.

Morningstar ranks it with 3 stars rating. The worst 1 year total return was occurred in 2008 with -27.52%. Based on load adjusted returns, this fixed income fund has returned 8.93% over the past 3 year, and 8.78% over the past 10 year. In 2012, the year to date return is 14.52%.

American Funds Growth Fund of America Fund (AGTHX)

American Funds Growth Fund of America Fund has a yield of 0.82%. It invests majority of assets in common stocks. It seeks to invest in companies that appear to offer superior opportunities for growth of capital. This fund has net assets of $112 billion. The fund was introduced to investors in November 1973. The fund’s shares price is $36.21.

As of January 2013, the top 3 stocks are Amazon.com Inc, Gilead Sciences Inc, and Google Inc. If you invest $10,000 in this fund 10 years ago, your capital would have grown to $23,386. Its expense ratio is 0.71%

The other classes of this best American fund are Class B (AGRBX), Class C (GFACX), Class F-1 (GFAFX), Class F-2 (GFFFX), Class R1 (RGAAX), Class R2 (RGABX), Class R3 (RGACX), Class R4 (RGAEX), Class R5 (RGAFX), Class R6 (RGAGX), Class 529A (CGFAX), Class 529B (CGFBX), Class 529C (CGFCX), Class 529E (CGFEX), and Class 529F (CGFFX).

American Funds Target Date Retirement 2030 Fund (AAETX)

American Funds Target Date Retirement 2030 Fund invests mainly in bond, equity income and balanced funds. The total assets are $2.1 billion. Its expense ratio is 0.77%. This target date 2026-2030 mutual fund has a large blend investment style. For bond portion, the interest rate sensitivity is moderate.

More: Best Vanguard Mutual Funds for 2013

As of January 2013, the top 5 assets are allocated as follows:
  • US Stocks: 51.83%
  • Non US Stocks: 29.28%
  • Bonds: 9.94%
  • Cash: 6.84%
  • Other: 2.11%
Disclosure: No Position

Fund Performance


NoNameTickerCategoryOverall RatingYieldAssets (M)
1American Funds American Mutual AAMRMXLarge Value42.37%15650.98
2American Funds Inc Fund of Amer AAMECXModerate Allocation43.77%57661.53
3American Funds EuroPacific Gr AAEPGXForeign Large Blend41.68%29498.2
4American Funds New Perspective AANWPXWorld Stock41.06%30244.99
5American Funds Tax-Exempt Bond AAFTEXMuni National Interm43.51%7663.29
6American Funds Intl Gr And Inc AIGAAXForeign Large Blend42.72%3486.01
7American Funds New World ANEWFXDiversified Emerging Mkts31.31%12179.96
8American Funds AMCAP AAMCPXLarge Growth30.39%15410.27
9American Funds Tax-Exempt CA ATAFTXMuni California Long33.69%1353.01
10American Funds American Balanced AABALXModerate Allocation31.86%34271.57
11American Funds American Hi Inc Tr AAHITXHigh Yield Bond37.04%14368.01
12American Funds Interm Bond Fd of Amer AAIBAXShort-Term Bond31.72%7161.64
13American Funds Capital World G/I ACWGIXWorld Stock32.66%46651.39
14American Funds Capital World Bond ACWBFXWorld Bond32.32%8375.74
15American Funds Capital Inc Bldr ACAIBXWorld Allocation34.17%58078.7
16American High-Income Municipal Bond AAMHIXHigh Yield Muni34.20%2441.15
17American Funds Fundamental Investors AANCFXLarge Blend31.59%32568.27
18American Funds Growth Fund of Amer AAGTHXLarge Growth30.82%55970.26
19American Funds Invmt Co of Amer AAIVSXLarge Blend32.35%44501.14
20American Funds New Economy AANEFXLarge Growth30.60%5978.07
21American Funds SMALLCAP World ASMCWXWorld Stock31.36%13566.35
22American Funds Tax-Exempt VA ATFVAXMuni Single State Interm33.11%411.32
23American Funds Tax-Exempt MD ATMMDXMuni Single State Interm33.16%301.87
24American Funds Washington Mutual AAWSHXLarge Value32.31%39823.23
25American Funds Trgt Date Ret 2030 AAAETXTarget Date 2026-203031.82%621.1
26American Funds Trgt Date Ret 2040 AAAGTXTarget Date 2036-204031.74%416.12
27American Funds Trgt Date Ret 2050 AAALTXTarget Date 2046-205031.74%224
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