CIT: AB Multi-Mgr Retirement Alloc Trust Fd (W Series) Class T (WABMAX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 13.60 |
| YTD Return | 3.24% |
| 1-Year Return | 8.09% |
| 5-Year Return | n/a |
| 52-Week Low | 12.12 |
| 52-Week High | 13.65 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About WABMAX
Washington Mutual Investors Fund (WABMAX) is a mutual fund managed by Capital Group that seeks to produce income and provide an opportunity for growth of principal consistent with sound common stock investing. It employs a disciplined approach, using strict eligibility criteria to select companies across a broad array of industries that demonstrate strong balance sheets, consistent dividends, and the ability to sustain those payments. The fund primarily invests in common stocks and securities convertible into common stocks of established companies, with a focus on high-quality issuers listed on or meeting the financial standards of major exchanges. It maintains a fully invested, diversified portfolio, allocating the majority to U.S. equities while permitting up to 10% in non-U.S. companies, and targets sectors such as information technology, financials, industrials, health care, and consumer staples. Regular dividends are paid quarterly. Founded in 1952, Washington Mutual Investors Fund serves as a core holding for investors pursuing growth-and-income strategies within the large-value category.
Performance
WABMAX had a total return of 8.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.19%.