American Mutual is trading at 59.90 as of the 28th of November 2024; that is 0.35% down since the beginning of the trading day. The fund's open price was 60.11. American Mutual has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for American Mutual Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests primarily in common stocks of companies that are likely to participate in the growth of the American economy and whose dividends appear to be sustainable. It invests primarily in securities of issuers domiciled in the United States and Canada. More on American Mutual Fund
American Mutual Fund [AMFFX] is traded in USA and was established 28th of November 2024. American Mutual is listed under American Funds category by Fama And French industry classification. The fund is listed under Large Value category and is part of American Funds family. The entity is thematically classified as Large Value Funds. This fund presently has accumulated 89.87 B in assets under management (AUM) with no minimum investment requirementsAmerican Mutual is currently producing year-to-date (YTD) return of 19.49% with the current yeild of 0.02%, while the total return for the last 3 years was 8.64%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Mutual Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in American Mutual Fund
American Mutual financial ratios help investors to determine whether American Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American Mutual security.