American Funds Washington Mutual R5
RWMFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- May 15, 2002
- CIK
- 0000104865
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds Washington Mutual Investors Fund Class R-5 (RWMFX) is an open-end mutual fund managed by Capital Group that seeks to produce income and provide an opportunity for growth of principal consistent with sound common stock investing. The fund primarily invests in common stocks of established, high-quality companies listed on the New York Stock Exchange or meeting its financial listing requirements; it emphasizes large-cap U.S. equities across sectors such as information technology (approximately 24%), financials (17%), industrials (12%), health care (12%), and consumer staples (8%), with minor allocations to non-U.S. equities (around 5-6%), cash equivalents, and no bonds. It offers quarterly income dividends in March, June, September, and December, along with semi-annual capital gains distributions in June and December; the portfolio maintains a low turnover rate of 29% as of fiscal year 2025 and holds over 175 issuers, with total net assets exceeding $211 billion as of November 30, 2025. Available primarily to retirement plans, institutions, and high-net-worth investors due to its R-5 share class structure with a net expense ratio of 0.31%, minimum initial investment of $250, and no front- or deferred loads, the fund targets long-term investors seeking blend large-value exposure. Inception dates trace back to the fund's launch on July 31, 1952, with the R-5 share class introduced on May 15, 2002; Capital Group, headquartered in Los Angeles, California, serves as the investment manager through its American Funds family, with no notable subsidiaries or parent relationships beyond the broader Capital Research and Management Company structure. Operations focus on U.S. markets (about 92-94% allocation), with limited exposure to Canada, Europe, the Middle East, and Japan. The fund is domiciled in the United States and available for sale domestically. Recent developments include a firmwide self-assessment by Capital Group completed in late 2025, prompting portfolio management changes effective January 1, 2026, where veteran lead principal investment officer Alan Berro will step down from that role while continuing contributions alongside a team of seven other managers, including Aline Avzaradel, Mark Casey, Irfan Furniturewala, Emme Kozloff, Jin Lee, Eric Stern, and Diana Wagner. Portfolio allocations shifted modestly as of November 30, 2025, with U.S. equities at 91.6%, non-U.S. equities at 5.5%, and cash equivalents comprising the balance; the fiscal year-end prospectus was updated July 1, 2025, reflecting ongoing compliance and disclosure adjustments. No major acquisitions, partnerships, funding rounds, or product launches were reported in the last 1-2 years, underscoring the fund's stable, long-term orientation amid consistent performance, including a 15.07% year-to-date trailing return through late 2025.