American Funds American Mutual Fund
AMRFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Los Angeles, CA 90071 Los Angeles CA United States of America 90071
- IPO Date
- Aug 1, 2008
- CIK
- 0000005506
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds American Mutual Fund (AMRFX) is a large-value mutual fund managed by Capital Group that seeks current income, growth of capital, and conservation of principal through investments primarily in common stocks of established U.S. companies likely to participate in the growth of the American economy and pay dividends; it also invests in securities convertible into common stocks, nonconvertible preferred stocks, U.S. government securities, investment-grade corporate bonds and debt securities, and cash equivalents. The fund maintains a diversified portfolio across sectors including information technology (approximately 23%), industrials (14%), financials (14%), health care (13%), and utilities (7%), with about 90% in U.S. equities, 6-7% in non-U.S. equities (primarily Canada, Europe, and emerging markets ex-China), and the remainder in cash; it holds over 160 companies and features multiple portfolio managers such as James Lovelace, Cheryl Frank, Charles Ellwein, Grant Cambridge, Martin Jacobs, and others who manage distinct portions using Capital Group's collaborative investment process. Launched on February 21, 1950, by Capital Group—which was founded in 1931 and is headquartered in Los Angeles, California—the fund operates globally but focuses on U.S. and Canadian issuers, serving retail and institutional investors through various share classes with a net expense ratio of 0.38% for Class F-2 and minimum initial investments starting at $250. In recent developments, longtime portfolio managers Will Robbins and Brant Thompson ceased managing the strategy effective January 1, 2026, as part of Capital Group's firmwide self-assessment transitioning oversight to a single subsidiary, Capital Research Global Investors, with their asset allocations redistributed among the remaining experienced team; additionally, veteran manager James Terrile retired from the firm on June 1, 2025. The fund distributed significant 2025 capital gains of $3.50 per share in December alongside regular quarterly dividends totaling over $1.10 year-to-date, reflecting portfolio activity with 30-31% turnover, while total net assets exceeded $110 billion as of late 2025.