American Funds Washington Mutual A Fund (AWSHX) seeks to provide current income and opportunity for growth of principal consistent with sound common-stock investing. AWSHX invests at least 95% of assets in equity securities. AWSHX invests in stocks that meet strict standards that evolved from requirements originally established by the U.S. district court for the District of Columbia for the investment of trust funds. AWSHX does not invest in companies that derive their primary revenues from alcohol or tobacco.
This Large Value product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 7.3% and 5 year 12.3%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
AWSHX’s performance, as of the last filing, when compared to funds in its category was in the top 25% over the past 1 year, in the top 25% over the past 3 years, and in the 32% over the past 5 years.
The American Funds Washington Mutual A fund, as of the last filing, allocates their fund in four major groups; Large Value, Large Growth, Intermediate Bond and Precious Metal. Further, as of the last filing, Microsoft Corp (NASDAQ:MSFT), Home Depot Inc (NYSE:HD) and Verizon Communications Inc (NYSE:VZ) were the top holdings for AWSHX.
This Zacks Rank #1 (Strong Buy) was incepted in July 1952 and is managed by American Funds. AWSHX carries an expense ratio of 0.58% and requires a minimal initial investment of $250.
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Zacks Investment Research