Skip to Content
Morningstar

American Funds American Mutual F3 AFMFX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 52.17  /  −0.69 %
  • Total Assets 94.5 Bil
  • Adj. Expense Ratio
    0.270%
  • Expense Ratio 0.270%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Blend
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.26%
  • Turnover 25%

USD | NAV as of Apr 15, 2024 | 1-Day Return as of Apr 15, 2024, 10:17 PM GMT+0

Morningstar’s Analysis AFMFX

Will AFMFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AFMFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AFMFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AFMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A Change of Leadership Doesn’t Affect American Funds American Mutual’s Ratings

null Stephen Welch

Stephen Welch

Analyst Note

Capital Group has announced that Will Robbins stepped down as lead principal investment officer of American Funds American Mutual on April 1. Charles Ellwein, one of eight other managers on the strategy (along with Robbins), has taken Robbins’ place allocating capital to the managers’ independently run portions of the portfolio. Because Robbins will remain a manager here, and because Ellwein has acquired some PIO experience as lead of the team from Capital Research Global Investors since June 2021, no major changes in the investment approach are expected here. The strategy retains its High People and Above Average Process ratings as well as the respective Morningstar Medalist Rating of each share class.

by Stephen Welch
Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings AFMFX

More AFMFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

5.65 5.2 Bil
Cash and Equivalents

Microsoft Corp

5.65 5.2 Bil
Technology

AbbVie Inc

3.18 2.9 Bil
Healthcare

RTX Corp

2.77 2.5 Bil
Industrials

Apple Inc

2.66 2.4 Bil
Technology

Abbott Laboratories

2.55 2.3 Bil
Healthcare

General Electric Co

2.50 2.3 Bil
Industrials

Union Pacific Corp

2.20 2.0 Bil
Industrials

UnitedHealth Group Inc

1.95 1.8 Bil
Healthcare

Linde PLC

1.84 1.7 Bil
Basic Materials