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Guide to American Funds American Mutual A Fund (AMRMX)

American Funds American Mutual A (AMRMX) a Zacks Ranked #2 (Buy) invests primarily in common stocks, securities convertible into common stocks, non-convertible preferred stocks, U.S. government securities, bonds rated A or better and cash. AMRMX 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, Foreign Bond, Large Growth. Further, as of the last filing, VERIZON COMMUNICATIONS INC, AMGEN INC and TEXAS INSTRUMENTS INC were the top holdings for AMRMX.

The American Funds American Mutual A fund, managed by American Funds, carries an expense ratio of 0.58. 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 0.52%, 3 year 9.4%, and 5 year 10.2%. 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 21% in 1 year, top 40% over the past 3 years, and in the 27% over the past 5 years.

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