American Funds American Mutual Fund Class C (AMFCX)

American Mutual Fund Class C is a diversified, actively managed mutual fund designed to provide a balanced approach to investing through a combination of current income, growth of capital, and conservation of principal. Managed by Capital Group, one of the longest-standing investment management firms, the fund primarily invests in common stocks of large, established companies that are positioned to benefit from the growth of the American economy, with an emphasis on sustainability of dividends. While its primary exposure is to U.S. equities, the fund may also allocate up to 20% of its assets to non-U.S. securities and can invest in government and agency bonds when deemed appropriate. Categorized as a large value fund, its portfolio is tilted toward blue chip companies typically known for financial stability and regular dividend payments. The fund holds a broad array of over 170 securities, with sector concentrations in information technology, industrials, financials, and health care. It pays dividends quarterly and distributes capital gains annually. With a long history dating back to 1950, American Mutual Fund Class C is often considered as a core holding for income-focused and risk-conscious investors seeking consistent returns within a retirement or long-term portfolio.