American Funds Washington Mutual C
WSHCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Mar 15, 2001
- CIK
- 0000104865
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Funds Washington Mutual Investors Fund Class C (WSHCX) is an open-end mutual fund that seeks to produce income and provide an opportunity for growth of principal consistent with sound common stock investing by primarily investing in common stocks of established, dividend-paying companies listed on, or meeting the financial listing requirements of, the New York Stock Exchange. The fund allocates approximately 91.5% to U.S. equities, with sector weights including information technology (22.5%), financials (18.6%), industrials (12.2%), health care (10.7%), and consumer staples (8.3%); top holdings as of mid-2025 feature Broadcom Inc., Microsoft Corp., Philip Morris International Inc., UnitedHealth Group Inc., and Marsh & McLennan Companies Inc., comprising about 19% of the portfolio; it also maintains minor non-U.S. equity exposure (around 6%), cash equivalents, and no bonds. Managed by Capital Research and Management Company with a team of experienced portfolio managers including Alan Berro (since 1997), Eric Stern, Jin Lee, Diana Wagner, Irfan Furniturewala, Mark Casey, Emme Kozloff, and Aline Avzaradel, the fund features a 29% portfolio turnover rate, quarterly dividends (March, June, September, December), semi-annual capital gains distributions, a 1.30% net expense ratio, and a $250 minimum initial investment. Inception dates trace to the fund's origin on July 31, 1952, with the Class C shares launched around 2001; it is domiciled in the United States, headquartered through parent Capital Group in Los Angeles, California, and operates globally with a primary focus on U.S. markets while targeting institutional and retail investors seeking large-blend or large-value exposure. As of late 2025, the fund manages over $204 billion in assets across its share classes, with 178+ issuers and 72,188 shareholder accounts for Class C. Recent 2025 developments include significant capital gains distributions totaling $2.9739 year-to-date (notably $2.713 long-term in June), robust performance with a 5-year average return of 13.76% and year-to-date gains, and portfolio adjustments reflected in updated top holdings and sector allocations as of August 31, 2025. At the broader Capital Group level, key strategic shifts encompass an expanded exclusive partnership with KKR announced in 2024 and advanced in 2025, launching public-private interval funds like Capital Group KKR Core Plus+ and Multi-Sector+ fixed income strategies, filing for a U.S. equity interval fund (Capital Group KKR U.S. Equity+ expected early 2026), and introducing new ETFs and retirement solutions to broaden private market access, though these do not directly alter WSHCX operations. In management transitions effective January 1, 2026, veteran Alan Berro steps down as lead principal investment officer but retains a portfolio role, with Eric Stern assuming lead responsibilities and Jin Lee taking a subsidiary PIO position, ensuring continuity amid high people ratings; earlier in 2024, managers Jeffrey Lager and Alan Wilson departed, offset by Aline Avzaradel's addition. The fund remains available primarily to U.S. investors through broker-dealers, with no reported acquisitions, name changes, or reorganizations specific to WSHCX in the last 1-2 years.