American Funds American Mutual manager Dylan Yolles left the fund and parent firm Capital Group on Feb. 4, 2021. Yolles had an undisclosed consensual relationship with a Capital Group associate, in violation of the company's code of conduct, and he resigned once the relationship became known. Yolles' departure, though abrupt, does not alter the strategy's Morningstar Analyst Rating range of Gold to Silver, depending on share-class fees.
American Funds American Mutual 529C CMLCX
NAV / 1-Day Return
45.27
/
0.57
%
Total Assets
71.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.400%
Expense Ratio
1.400%
Fee Level
Low
Longest Manager Tenure
15.17
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
250
Status
Open
TTM Yield
1.15%
Turnover
24%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will CMLCX 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 CMLCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the CMLCX 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 CMLCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Manager Departure at American Funds American Mutual; Ratings Unchanged
