About CMLFX
American Mutual Fund, Class 529-F-1 Shares is an open-end mutual fund managed by Capital Group, designed to invest primarily in large-cap U.S. equities with a focus on value-oriented companies. Its primary objective is to provide both capital appreciation and income growth, making it particularly suitable for long-term investors seeking stability and dividend income through a tax-advantaged 529 education savings plan structure. The fund is highly diversified, holding over 160 companies as of May 2025, with significant allocations to sectors such as information technology, industrials, financials, and health care. Notably, the fund maintains a conservative approach, avoiding bonds, with over 86% dedicated to U.S. stocks and regular dividend distributions paid quarterly. With a history dating back to 1950, it has grown to manage over $100 billion in assets. The 529-F-1 share class is tailored to education savings accounts and features a competitive expense ratio, emphasizing cost efficiency for college savers. The fund’s low risk profile, large asset base, and consistent dividend history underscore its role as a cornerstone holding for investors looking to balance growth and income while saving for educational expenses.
Fund Family Capital Group
Category Large Value
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol CMLFX
Share Class Class 529-f-1
Index S&P 500 TR
CMLFX had a total return of 12.54% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.48%.
