American Funds Washington Mutual C Fund ( WSHCX ) a Zacks Rank #2 (Buy) was incepted in July 1952 and is managed by Capital Research and Management Company. The objective of WSHCX is to provide current income and opportunity for growth of principal consistent with sound common-stock investing. WSHCX invests at least 95% of assets in equity securities. WSHCX 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. WSHCX does not invest in companies that derive their primary revenues from alcohol or tobacco.
This Large Value product, 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, Home Depot Inc and Verizon Communications Inc were the top holdings for WSHCX.
The American Funds Washington Mutual C fund, managed by American Funds , carries an expense ratio of 1.38%. Moreover, WSHCX requires a minimal initial investment of $250.
WSHCX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 8.67% and 5 year 11.60%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
WSHCX's performance, as of the last filing, when compared to funds in its category was in the top 16% in 1 year, top 41% over the past 3 years, and in the 37% over the past 5 years.
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