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What is the American mutual fund (amrmx)?

The American Mutual Fund (AMRMX) is a large-cap value fund that aims to preserve capital by selecting stocks offering strong fundamentals and sustainable dividends. Since its 1950 launch, the fund’s average annual return is 0.40%. The fund’s five-year annualized return is 7.49%, its expense ratio is 0.58%, with a 2.01% dividend yield.

Is amrmx a good investment?

The Parent Pillar is our rating of AMRMX’s parent organization’s priorities and whether they’re in line with investors’ interests. A solid conservative option. American Funds American Mutual benefits from a long-tenured investment team and risk-conscious approach, making it a solid choice for the long term. Transparency is our policy.

Is amrmx a Class A Share Fund?

AMRMX is a class A share fund, which means there is a front-end load. It is 5.75%, although American Funds does offer breakpoint pricing. Making a purchase of at least $100,000 reduces the load to 3.5%, and all investments above $1,000,000 eliminate the load completely.

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