Overview
Description
The American Funds Washington Mutual Investors Fund Class R-6 is a mutual fund designed to produce income and offer potential growth of principal through a disciplined approach to common stock investing. Focused primarily on large-cap equities, the fund targets established companies with a history of strong earnings and consistent dividend payments. Its portfolio is broadly diversified across sectors such as information technology, financials, health care, and consumer staples, reflecting a core blend style within the large-cap category. With over 180 holdings, the fund maintains significant exposure to industry leaders like Broadcom, Microsoft, and Apple, while keeping concentration in its top ten positions relatively low compared to category peers. The fund’s investment strategy closely tracks the S&P 500, resulting in a high correlation to the index and providing investors with a benchmark-aware, actively managed equity solution. It employs a cost-efficient structure, featuring a low expense ratio and no sales charge for Class R-6 shares, making it a popular option for retirement plans and institutional investors. This fund plays a significant role in diversified portfolios seeking balanced growth and income through established U.S. equities.
About
Instrument type
Mutual fund
Country
United States
MIC code
XNAS