American Funds Washington Mutual 529E (CWMEX)
| Fund Assets | 201.05B |
| Expense Ratio | 0.86% |
| Min. Investment | $250 |
| Turnover | 29.00% |
| Dividend (ttm) | 5.96 |
| Dividend Yield | 9.23% |
| Dividend Growth | 24.75% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 11, 2025 |
| Previous Close | 63.91 |
| YTD Return | 10.05% |
| 1-Year Return | 17.17% |
| 5-Year Return | 95.64% |
| 52-Week Low | 54.82 |
| 52-Week High | 65.49 |
| Beta (5Y) | n/a |
| Holdings | 181 |
| Inception Date | Mar 1, 2002 |
About CWMEX
American Funds Washington Mutual Investors Fund 529E is an actively managed mutual fund that focuses on large-cap, primarily U.S. equities. Its primary objective is to produce income while providing an opportunity for growth of principal, maintaining a disciplined approach consistent with sound common stock investing principles. The fund emphasizes investments in established companies with strong records of earnings and dividends, and its portfolio is diversified across key sectors such as information technology, financials, health care, and consumer staples. With more than 180 holdings and a relatively low turnover rate, the fund aims to balance stability and growth potential for long-term investors. As a 529E share class, it is tailored for use within education savings plans, allowing investors to benefit from potential tax advantages when saving for future educational expenses. The fund pays dividends quarterly and capital gains semi-annually. Recognized for its low risk profile and competitive expense ratio, the American Funds Washington Mutual Investors Fund 529E has a longstanding reputation for weathering market downturns while providing consistent performance within the large blend category.
Performance
CWMEX had a total return of 17.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.38%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
| FEQDX | Fidelity | Fidelity Advisor Hedged Equity Fund - Class C | 1.55% |
Top 10 Holdings
31.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Broadcom Inc. | AVGO | 7.52% |
| Microsoft Corporation | MSFT | 6.30% |
| Philip Morris International Inc. | PM | 3.79% |
| Capital Group Central Cash Fund | n/a | 3.11% |
| Marsh & McLennan Companies, Inc. | MMC | 2.14% |
| Eli Lilly and Company | LLY | 1.93% |
| NVIDIA Corporation | NVDA | 1.86% |
| Apple Inc. | AAPL | 1.69% |
| JPMorgan Chase & Co. | JPM | 1.66% |
| RTX Corporation | RTX | 1.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 11, 2025 | $2.8757 | Jun 12, 2025 |
| Mar 12, 2025 | $0.1659 | Mar 13, 2025 |
| Dec 19, 2024 | $2.7569 | Dec 20, 2024 |
| Sep 18, 2024 | $0.1628 | Sep 19, 2024 |
| Jun 12, 2024 | $2.9358 | Jun 13, 2024 |
| Mar 13, 2024 | $0.1642 | Mar 14, 2024 |