American Funds Washington Mutual 529C (CWMCX)
| Fund Assets | 207.65B |
| Expense Ratio | 1.39% |
| Min. Investment | $250 |
| Turnover | 29.00% |
| Dividend (ttm) | 5.61 |
| Dividend Yield | 8.41% |
| Dividend Growth | 25.79% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 17, 2025 |
| Previous Close | 66.56 |
| YTD Return | 14.60% |
| 1-Year Return | 14.76% |
| 5-Year Return | 102.61% |
| 52-Week Low | 54.93 |
| 52-Week High | 66.72 |
| Beta (5Y) | n/a |
| Holdings | 190 |
| Inception Date | Feb 15, 2002 |
About CWMCX
The American Funds Washington Mutual Investors Fund 529C is an actively managed mutual fund designed for long-term growth and income through investment in high-quality U.S. and selected foreign equities. Its primary objective is to provide investors—particularly those saving for education through 529 plans—with a disciplined approach to equity investing that balances income generation and capital appreciation. The fund typically maintains a large blend portfolio, investing across a broad spectrum of sectors, with significant allocations to information technology, financials, health care, and consumer staples, among others. Originating from a legacy of quality-focused criteria established post-Great Depression, the fund invests predominantly in large-cap companies that meet strict standards for trustworthiness and financial strength. Managed by a team of experienced professionals, it holds positions in industry-leading firms such as Broadcom, Microsoft, and Apple. With a long-standing track record, the fund is recognized for its resilience across market cycles, often outperforming the S&P 500 during downturns. The Washington Mutual Investors Fund 529C serves as a core equity holding for education-focused investors seeking diversified exposure to established U.S. corporations while pursuing capital growth and regular income.
Performance
CWMCX had a total return of 14.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.12%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| FMGKX | Fidelity | Fidelity Magellan K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan | 0.47% |
| FEQDX | Fidelity | Fidelity Advisor Hedged Equity C | 1.55% |
Top 10 Holdings
31.49% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 7.71% |
| Microsoft Corporation | MSFT | 6.72% |
| Philip Morris International Inc. | PM | 3.38% |
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 3.01% |
| NVIDIA Corporation | NVDA | 2.08% |
| Marsh & McLennan Companies, Inc. | MMC | 1.94% |
| Eli Lilly and Company | LLY | 1.75% |
| JPMorgan Chase & Co. | JPM | 1.66% |
| RTX Corporation | RTX | 1.64% |
| Meta Platforms, Inc. | META | 1.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 17, 2025 | $0.0687 | Sep 18, 2025 |
| Jun 11, 2025 | $2.7957 | Jun 12, 2025 |
| Mar 12, 2025 | $0.0817 | Mar 13, 2025 |
| Dec 19, 2024 | $2.6665 | Dec 20, 2024 |
| Sep 18, 2024 | $0.0821 | Sep 19, 2024 |
| Jun 12, 2024 | $2.8538 | Jun 13, 2024 |