American Funds Washington Mutual 529-F-2 (FWMMX)
| Fund Assets | 201.05B |
| Expense Ratio | 0.36% |
| Min. Investment | $250 |
| Turnover | 29.00% |
| Dividend (ttm) | 6.27 |
| Dividend Yield | 9.55% |
| Dividend Growth | 23.81% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 11, 2025 |
| Previous Close | 65.58 |
| YTD Return | 11.72% |
| 1-Year Return | 17.46% |
| 5-Year Return | n/a |
| 52-Week Low | 55.48 |
| 52-Week High | 66.31 |
| Beta (5Y) | n/a |
| Holdings | 181 |
| Inception Date | Oct 30, 2020 |
About FWMMX
American Funds Washington Mutual 529-F-2 is a U.S.-based mutual fund primarily designed to generate income and provide long-term capital growth through investments in common stocks. The fund's strategy centers on established companies that are listed on the New York Stock Exchange and exhibit strong records of earnings and consistent dividends. It adheres to rigorous investment criteria emphasizing quality and financial strength, making it a notable choice in the large blend category, which typically mirrors the broad characteristics of the U.S. equity market. The fund features a diversified portfolio, with significant allocations to sectors such as information technology, financials, industrials, and health care. It is structured as a 529-F-2 share class, targeting investors managing education savings within 529 college plans. With over 180 holdings and assets surpassing $160 billion, the fund is distinguished by its size and breadth, regularly distributing dividends on a quarterly basis and capital gains semiannually. Its disciplined approach and focus on income-producing equities position it as a core holding for education-focused investors seeking exposure to high-quality U.S. corporations.
Performance
FWMMX had a total return of 17.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.95%.
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 | $2.9498 | Jun 12, 2025 |
| Mar 12, 2025 | $0.2384 | Mar 13, 2025 |
| Dec 19, 2024 | $2.840 | Dec 20, 2024 |
| Sep 18, 2024 | $0.2371 | Sep 19, 2024 |
| Jun 12, 2024 | $3.0105 | Jun 13, 2024 |
| Mar 13, 2024 | $0.2358 | Mar 14, 2024 |