A conservative approach to U.S. growth-and-income investing

American Mutual Fund®

INCEPTION DATE
February 21, 1950

IMPLEMENTATION
Consider for a U.S. large cap value allocation

OBJECTIVE
The fund strives for the balanced accomplishment of three objectives: current income, growth of capital and conservation of principal.

VEHICLE

American Mutual Fund

The focus of American Mutual Fund is on companies, not sectors or styles. In-depth, bottom-up research is used to identify companies with attractive growth-and-income opportunities. The fund's holdings include 175 companies across multiple sectors as of December 31, 2022.

DEEP, COMPREHENSIVE RESEARCH

Conservative, high-quality investment approach

For over 70 years, American Mutual Fund has had a focus on high-quality companies supported by a disciplined eligibility process. The fund's portfolio managers and analysts use a rigorous, research-driven approach to identify companies that can help meet the income and income-growth needs of investors.

Identifying potential opportunities in a broad range of sectors

Examples of top holdings in the portfolio (as of December 31, 2022)*

Table shows examples of top holdings in the portfolios. Companies shown are among the top holdings by weight in American Mutual Fund. Example 1: UnitedHealth Group -- Market cap ($US millions): 498,889 -- Sector: Health care; Example 2: Raytheon -- Market cap ($US millions): 147,973 -- Sector: Industrials; Example 3: Microsoft -- Market cap ($US millions): 1,785,940 -- Sector: Information technology.

Sources: Capital Group, FactSet, Morningstar.

American Mutual Fund

American Mutual Fund is offered in various share classes designed for retirement plans, nonprofits, and other institutional and individual investors.

*Companies shown are among the top 10 holdings by weight in American Mutual Fund as of 12/31/22 (AbbVie, Microsoft, Raytheon Technologies, UnitedHealth Group, Linde, Gilead Sciences, Abbott Laboratories, Comcast, Home Depot, General Mills).

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
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Portfolios are managed, so holdings will change. Certain fixed income and/or cash and equivalents holdings may be held through mutual funds managed by the investment adviser or its affiliates that are not offered to the public.

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