American Funds American Mutual F1 Fund (AMFFX - Free Report) a Zacks Rank #2 (Buy) was established in February 1950 and is managed by Capital Research and Management Company. The objective of AMFFX is to provide for the balanced accomplishment of three objectives current income, capital growth and conservation of principal. AMFFX invests primarily in common stocks, securities convertible into common stocks, non-convertible preferred stocks, U.S. government securities, bonds rated A or better and cash.

This Large Value product, as of the last filing, allocates their fund in five major groups; Large Value, Intermediate Bond, Large Growth, Foreign Stock and Precious Metal. Further, as of the last filing, Verizon Communications Inc. (VZ), Amgen Inc. (AMGN) and Texas Instruments Inc. (TXN) were the top holdings for AMFFX.

The American Funds American Mutual F1 fund, managed byAmerican Funds, carries an expense ratio of 0.66%. Moreover, AMFFX requires a minimal initial investment of $250.

AMFFX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10.51% and 5 year 12.85%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

AMFFX’s performance, as of the last filing, when compared to funds in its category was in the top 8% over the past 1 year, in the top 28% over the past 3 years, and in the 42% over the past 5 years.