About FFMMX
American Mutual Fund 529-F-2 is a U.S. mutual fund designed primarily for investors seeking growth and sustainable income through equity investments. Managed by the American Funds family, this large value fund focuses predominantly on common stocks of companies with reliable dividend histories and robust participation in the American economy, with a meaningful allocation to U.S. and select Canadian equities. The portfolio is diversified across several key sectors, with notable exposure to information technology, industrials, financials, and consumer discretionary companies. The fund typically holds over 170 positions, providing broad diversification and aiming for long-term capital appreciation with a consistent income component.
Catering specifically to education savings, the 529-F-2 share class offers a cost-effective structure with competitive expense ratios and no 12b-1 distribution fees. Regular quarterly dividends are a hallmark, underlining the fund’s commitment to income generation. The minimum investment is set at a relatively accessible level, enhancing its suitability for a wide range of investors pursuing college savings goals. In the broader market context, American Mutual Fund 529-F-2 is recognized for its disciplined, value-oriented approach and for maintaining a relatively low risk profile compared to its large value peers, underscoring its role as a core holding for long-term, goal-oriented portfolios.
Fund Family American Funds
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol FFMMX
Share Class Class 529-f-2
Index S&P 500 TR
FFMMX had a total return of 13.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.00%.