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Morningstar

American Funds American Mutual R2 RMFBX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See American Funds Investment Hub

Morningstar’s Analysis RMFBX

Will RMFBX 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 RMFBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RMFBX 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 RMFBX’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

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