American Mutual Fund®
American Mutual Fund may be appropriate for:
- Income-oriented investors seeking a conservative entry into the stock market
- Growth-oriented investors who want a fund that has shown resistance to market declines
- Investors looking for a core holding for their retirement programs
The fund strives for the balanced accomplishment of three objectives: current income, growth of capital and conservation of principal.
The fund is managed by Capital Research and Management Company, one of the nation’s oldest, largest and most respected investment management firms. Since 1931, Capital Research has invested with a long-term focus based on thorough research and attention to risk.
- Began operations: 2/21/50
- Expense ratio:* 0.61%
- Investment expenses paid annually: $6.10 for a $1,000 balance
- Ticker symbol: AMRMX
*Fund expenses are as of each fund’s prospectus. Please see the fund’s most recent prospectus for details.
You can estimate the investment expenses you’re paying annually by multiplying your balance in the fund by the expense ratio.
Top 10 holdings
(Percentage of net assets shown are for the most recent period available as of 6/30/14; holdings are subject to change)
- Verizon 3.5%
- AbbVie 3.3%
- Amgen 2.9%
- Texas Instruments 2.7%
- Home Depot 2.0%
- Chevron 1.9%
- Apple 1.7%
- General Dynamics 1.6%
- PG&E 1.5%
- Procter & Gamble 1.5%
Where the fund was invested
(as of 6/30/14; percentage of net assets; holdings are subject to change)
The bar graph below shows the fund’s annual results and illustrates the fund’s fluctuations over the past 10 years. (The percentages are shown at net asset value, updated annually as of 12/31. If the results reflected deduction of the maximum sales charge of 5.75%, they would have been lower.)
Figures shown are past results and are not predictive of results in future periods. Current and future results may be lower or higher than those shown here. For more current information and month-end results, click here. Share price and return will vary, so you may lose money. Investing for short periods makes losses more likely. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Average annual total returns through 6/30/14
|Latest10 years||Latest5 years||Latest3 years||Latestyear|
|At net asset value||7.86%||16.79%||14.57%||21.02%|
|At maximum offering price
(Class A shares, with 5.75% maximum sales charge)
Investment results reflect the deduction of applicable fees and expenses and the reinvestment of all distributions. The investment adviser is currently waiving its management fee of 0.10% and reimbursing a portion of other expenses. Investment results shown reflect the waiver and/or any current reimbursements, without which the results would have been lower. After December 31, 2014, the adviser may modify or terminate the waiver, but only with fund board approval. The reimbursement will be in effect through at least December 31, 2014, unless modified or terminated by the fund’s board. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. See results without waivers and/or reimbursements. Read details about how waivers and/or reimbursements affect the results for each fund.
In applying any particular asset allocation model to your own individual situation, you should consider your other assets, income and investments. For example, in addition to your retirement plan investments, you should consider any investments (including those in an Individual Retirement Account) and savings accounts.
Fund results and expense ratio information listed above apply to Class A shares only. The results and expense ratio information for the investments in your plan may differ.
SIMPLE IRA and SEP plans only:
Additional share class options are available without an up-front sales charge. There is no sales charge on Class A shares for plans with over $1 million invested in American Funds. Class B shares have higher expenses than Class A shares and a contingent deferred sales charge (CDSC) (up to 5%) if shares are sold within the first six years of purchase. Class B shares convert to Class A shares in the month of the eighth anniversary of purchase. Class C shares have higher expenses than Class A shares and a 1% CDSC if shares are sold within the first year of purchase. Class C shares convert to Class F-1 shares in the month of the 10th anniversary of purchase. Class F-1 shares have expenses similar to Class A share expenses, and carry an annual asset-based fee that is charged by participating broker-dealers. Your financial professional can help you decide which option is best for you.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from your plan’s financial professional or downloaded and should be read carefully before investing. You can find a link to the prospectus at the top of the page.