Detailed Fund Information
American Mutual Fund® (growth-and-income fund)
Please note: American Funds no longer allows new investments in Class B and 529-B shares.
Updated March 6, 2014, 3:17PM Pacific time
|Net Asset Value (NAV)||$34.88|
|Maximum Offering Price (MOP)||$34.88|
(All prices are subject to revision.)
Historical Prices & Distributions
Ticker Symbols & Fund Numbers
|CUSIP Number||027681 20 4|
|Fund Objective||The fund strives for the balanced accomplishment of three objectives: current income, growth of capital and conservation of principal.|
|Distinguishing Characteristics||The fund is conservatively managed to reduce volatility and risk. The fund does not own securities of companies that derive the majority of their revenues from tobacco and/or alcohol.|
|Types of Investments||The fund invests primarily in common stocks, securities convertible into common stocks, nonconvertible preferred stocks, U.S. government securities, investment-grade (BBB and above, or unrated, but determined by the fund’s investment adviser to be of equivalent quality) bonds and cash.|
|Non-U.S. Holdings||May invest up to 20% of its assets in securities of issuers domiciled outside the United States and not included in the S&P 500 Composite Index. May invest up to 5% of its assets in securities of issuers domiciled outside the United States and Canada and not included in the S&P 500 Composite Index.|
|Minimum Initial Investment||$250|
|Shareholder Accounts (aggregated for all share classes; updated monthly)||1,194,488|
|Regular Dividends Paid||March, June, September, December|
|Capital Gains Paid||December|
|Fund Inception||February 21, 1950|
The months indicated for dividends and capital gains paid represent the anticipated current year ex-dividend date schedule for all share classes.
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. Results shown at net asset value have all distributions reinvested. If a sales charge had been deducted, the results would have been lower. Share price and return will vary, so investors 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. Returns with sales charge for Class B shares reflect the deduction of a contingent deferred sales charge (up to 5%) on shares sold within the first six years of purchase. Definitions and other important legal information about these prices and returns are shown below.
Rates of Return*
|Average Annual Total Returns|
|1 yr||3 yrs||5 yrs||10 yrs||Fund Lifetime|
|February 28, 2014 (most recent month-end)|
|December 31, 2013 (most recent quarter-end)|
|American Mutual Fund||1.38%|
|Lipper Growth & Income Funds Average||1.79%|
12-Month Distribution Rates‡
As of January 31, 2014 (updated monthly)
Annualized 30-Day SEC Yield‡
As of January 31, 2014 (updated monthly)
|At net asset value||1.29%|
Largest Industry Holdings
% of net assets as of December 31, 2013 (updated quarterly)
|Oil, gas & consumable fuels||5.9%|
|Semiconductors & semiconductor equipment||4.2%|
|Diversified telecommunication services||4.1%|
|Aerospace & defense||4.0%|
(updated quarterly, upon availability)
(as of December 31, 2013)
as of January 31, 2014 (updated monthly)
|Cash & Equivalents||7.7%|
Assets and Portfolio Turnover (for fiscal years)
|Fiscal Year||Fund Assets (billions)||Portfolio Turnover|
Assets shown are for combined share classes.
Largest Equity Holdings
Percent of net assets as of January 31, 2014 (updated monthly)
Major broadband and telecommunication services provider.
The world's largest biotechnology company.
Research-based biopharmaceutical company.
Global designer and producer of semiconductors.
The world's largest home improvement retailer.
Provides media and television broadcasting services worldwide.
This major defense contractor manufactures warships, submarines and information systems.
A world leader in software and Internet technologies. Its products include the Windows operating system and Office software.
United Parcel Service
The world's largest package delivery company and express carrier.
Provides natural gas and electricity service to Northern and Central California.
|Number of years with American Funds or affiliates|
|Joyce E. Gordon||34|
|James B. Lovelace||32|
|William L. Robbins||19|
(as of the prospectus dated January 1, 2014)
The portfolio managers shown are reflected in the fund’s most recent prospectus.
Bond ratings, which typically range from AAA/Aaa (highest) to D (lowest), are assigned by credit rating agencies such as Standard & Poor's, Moody's and/or Fitch, as an indication of an issuer's creditworthiness.
* Investment results assume all distributions are reinvested and reflect applicable fees and expenses. Class B shares were first offered on March 15, 2000. Class B share results prior to the date of first sale are hypothetical based on Class A share results without a sales charge, adjusted for estimated additional annual expenses over the first eight years. Class B shares convert to Class A shares after eight years. View dates of first sale and specific expense adjustment information for Class B shares.
When applicable, investment results reflect fee waivers and/or expense reimbursements, without which results would have been lower. Read details about how waivers and/or reimbursements affect the results for each fund.
Source for Lipper expense ratio comparison: Lipper, based on back-end load funds, excluding funds of funds, for the most recent fiscal year-ends available as of December 31, 2013. The funds expense ratio is as of the funds prospectus. The expense ratios do not reflect sales charges.
The SEC yield reflects the rate at which the fund is earning income on its current portfolio of securities, while the distribution rate reflects the fund's past dividends paid to shareholders. Accordingly, the fund's SEC yield and distribution rate may differ.