American Funds American Mutual 529E (CMLEX)
| Fund Assets | 111.77B |
| Expense Ratio | 0.86% |
| Min. Investment | $250 |
| Turnover | 31.00% |
| Dividend (ttm) | 3.31 |
| Dividend Yield | 5.32% |
| Dividend Growth | 85.28% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 17, 2025 |
| Previous Close | 61.98 |
| YTD Return | 14.49% |
| 1-Year Return | 11.83% |
| 5-Year Return | 81.65% |
| 52-Week Low | 50.33 |
| 52-Week High | 62.32 |
| Beta (5Y) | n/a |
| Holdings | 181 |
| Inception Date | Mar 7, 2002 |
About CMLEX
American Mutual Fund 529-E is a mutual fund designed to provide a balanced approach to investing, with a primary focus on current income, growth of capital, and conservation of principal. Managed by Capital Group under the American Funds banner, this fund predominantly invests in common stocks from companies that are likely to benefit from the ongoing growth of the American economy, selecting businesses with sustainable dividends in the United States and Canada. Classified within the Large Value category, the fund maintains a portfolio heavily concentrated in U.S. equities—nearly 87% as of the most recent filings—with the remainder in select non-U.S. equities. It features broad sector diversification, with significant allocations to information technology, industrials, financials, and health care. The 529-E share class is specifically tailored for use within 529 college savings plans, offering features such as quarterly dividend distributions and a relatively low minimum investment requirement, making it accessible to a wide range of savers. With a long-standing track record since its inception and substantial assets under management, American Mutual Fund 529-E serves as a core investment option for individuals seeking disciplined equity exposure in the context of education savings or broader portfolio strategies.
Performance
CMLEX had a total return of 11.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.90%.
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 | $0.1774 | Sep 18, 2025 |
| Jun 11, 2025 | $0.1827 | Jun 12, 2025 |
| Mar 12, 2025 | $0.1838 | Mar 13, 2025 |
| Dec 17, 2024 | $2.7647 | Dec 18, 2024 |
| Sep 18, 2024 | $0.183 | Sep 19, 2024 |
| Jun 12, 2024 | $0.1841 | Jun 13, 2024 |