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Quick Guide to American Funds Washington Mutual A Fund (AWSHX)

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American Funds Washington Mutual A ( AWSHX ) a Zacks Ranked #1 (Strong Buy) was incepted in July 1952 and is managed by Capital Research and Management Company. The objective of AWSHX is 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 fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Intermediate Bond. Further, as of the last filing, Microsoft Corporation, The Home Depot, Inc and Wells Fargo & Company were the top holdings for AWSHX.

American Funds Washington Mutual A, managed by American Funds , carries an expense ratio of 0.58%. Moreover, AWSHX requires a minimal initial investment of $250.

AWSHX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 13.40% and 5 year 11.92%. To see how this fund performed compared in its category, please click here .

AWSHX's performance, as of the last filing, when compared to funds in its category was in the top 26% in 1 year, top 30% over the past 3 years, and in the 15% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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