About RWEBX
The American Funds Washington Mutual Investors Fund Class R-2E is a mutual fund designed to deliver both income and the opportunity for capital growth through investments in high-quality, established U.S. companies. The fund predominantly invests in common stocks of companies listed on the New York Stock Exchange, focusing on those with a strong history of earnings and dividend payments. With a large blend investment style, it provides broad exposure to large-cap equities across key sectors, including technology, healthcare, financial services, and consumer staples.
The fund follows rigorous investment standards derived from historical legal criteria to build a diversified portfolio, ensuring that holdings meet strict quality and financial requirements. Managed by a team of portfolio managers at Capital Research and Management Company, the fund segments its assets among managers to leverage varied expertise and perspectives. The top holdings typically include blue-chip names such as Broadcom, Microsoft, Apple, and UnitedHealth Group, with the top ten holdings comprising about 30% of the portfolio. Suited for investors seeking a low-risk, income-oriented blue chip growth fund, the Washington Mutual Investors Fund plays a significant role in retirement and balanced investment programs, emphasizing prudent growth and reliable income generation.
Fund Family American Funds
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol RWEBX
Share Class Class R-2e
Index S&P 500 TR
RWEBX had a total return of 17.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.92%.