Parent firm Capital Group in June 2020 publicly named Irfan Furniturewala and Diana Wagner to American Funds Washington Mutual’s now nine-person portfolio management team. News of their addition does not alter the fund’s Morningstar Analyst Rating of Gold.
Will RWMBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RWMBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the RWMBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of RWMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The Price Pillar compares RWMBX’s fees to similar funds, determining whether or not the fund provides a good value proposition.
The Performance Pillar is our evaluation of whether RWMBX’s returns have been the result of chance or a proven, long-term process and compares the fund with its category or benchmark.