American Funds American Mutual Fund® Class 529-C (CMLCX)
| Fund Assets | 109.30B |
| Expense Ratio | 1.37% |
| Min. Investment | $250 |
| Turnover | 31.00% |
| Dividend (ttm) | 4.01 |
| Dividend Yield | 6.55% |
| Dividend Growth | 33.02% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 18, 2026 |
| Previous Close | 61.25 |
| YTD Return | 3.90% |
| 1-Year Return | 19.72% |
| 5-Year Return | 56.79% |
| 52-Week Low | 54.78 |
| 52-Week High | 63.13 |
| Beta (5Y) | n/a |
| Holdings | 150 |
| 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 19.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.65%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLCSX | Fidelity | Fidelity Large Cap Stock Fund | 0.79% |
| FALAX | Fidelity | Fidelity Advisor Large Cap Fund - Class A | 1.08% |
| FLCCX | Fidelity | Fidelity Advisor Large Cap Fund - Class C | 1.84% |
| FDECX | Fidelity | Fidelity Advisor Capital Development Fund - Class C | 1.68% |
| FIDLX | Fidelity | Fidelity Advisor Large Cap Fund - Class Z | 0.70% |
Top 10 Holdings
29.41% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 4.84% |
| Capital Group Central Cash Fund | n/a | 4.70% |
| Broadcom Inc. | AVGO | 3.53% |
| Philip Morris International Inc. | PM | 3.04% |
| Eli Lilly and Company | LLY | 2.75% |
| Apple Inc. | AAPL | 2.30% |
| AbbVie Inc. | ABBV | 2.18% |
| Starbucks Corporation | SBUX | 2.16% |
| Meta Platforms, Inc. | META | 1.96% |
| JPMorgan Chase & Co. | JPM | 1.94% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2026 | $0.0984 | Mar 19, 2026 |
| Dec 16, 2025 | $3.7022 | Dec 17, 2025 |
| 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 |