American Funds American Mutual 529C (CMLCX)
| Fund Assets | 111.77B |
| Expense Ratio | 1.39% |
| Min. Investment | $250 |
| Turnover | 31.00% |
| Dividend (ttm) | 3.00 |
| Dividend Yield | 4.81% |
| Dividend Growth | 99.28% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 17, 2025 |
| Previous Close | 62.03 |
| YTD Return | 14.19% |
| 1-Year Return | 11.65% |
| 5-Year Return | 80.09% |
| 52-Week Low | 50.37 |
| 52-Week High | 62.27 |
| Beta (5Y) | n/a |
| Holdings | 181 |
| Inception Date | Feb 20, 2002 |
About CMLCX
American Mutual Fund 529-C is a large value mutual fund designed to achieve a balanced approach across current income, capital growth, and principal conservation. Its portfolio is primarily composed of U.S. equities, typically allocating more than 85% of assets to domestic stocks, while maintaining modest exposure to non-U.S. equities. The fund focuses on companies likely to participate in the long-term growth of the American economy, with particular emphasis on industry leaders known for paying dividends. Notable sector exposures include information technology, industrials, financials, and health care, reflecting a diversified investment strategy across critical segments of the U.S. market. This fund is uniquely structured for 529 college savings plans, providing families a way to invest toward higher education expenses. With regular quarterly dividends and an annual capital gains distribution, it offers a combination of income and growth potential. The fund is managed with a focus on risk-adjusted returns and demonstrates a below-average risk profile compared to peers. Its longevity, large asset base, and disciplined management have established it as a significant option for investors seeking a blend of income and growth within a 529 plan structure.
Performance
CMLCX had a total return of 11.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.63%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
33.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.41% |
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 4.45% |
| Broadcom Inc. | AVGO | 4.26% |
| RTX Corporation | RTX | 4.08% |
| General Electric Company | GE | 3.26% |
| JPMorgan Chase & Co. | JPM | 2.21% |
| Meta Platforms, Inc. | META | 1.98% |
| Apple Inc. | AAPL | 1.96% |
| International Paper Company | IP | 1.80% |
| Eli Lilly and Company | LLY | 1.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 17, 2025 | $0.0954 | Sep 18, 2025 |
| Jun 11, 2025 | $0.1103 | Jun 12, 2025 |
| Mar 12, 2025 | $0.1058 | Mar 13, 2025 |
| Dec 17, 2024 | $2.6835 | Dec 18, 2024 |
| Sep 18, 2024 | $0.1095 | Sep 19, 2024 |
| Jun 12, 2024 | $0.1131 | Jun 13, 2024 |