Best US Mutual Funds:- You may not know, but America’s Capital Group has been offering mutual funds to its investors since the late 1930s.
It currently boasts of 54 fund offerings, spread across a wide range of categories.
Almost all the funds are closed only by the vices and high management officers. Some of these best funds are very important for you to know.
Note: All financial data is current as of May 2021.
1) American Funds Investment Company of America
Investment Company of America Fund (AIVSX) This is one of the highly rated and well-managed mutual funds. After its establishment in 1934, it entered the market with an annual return of 12.04%. Which has one of the best performances in March 2021 with an annual return of 10.64%.
The fund has a five-year annualized return of 12.73%, an expense ratio of 0.58%, and a dividend yield of 1.26%.
2) Best US Mutual Funds
American Mutual Fund (AMRMX) is a large-cap value fund. This large cap mutual fund is considered fairly safe to hold due to its strong statics and market stability. Since starting the business in 1950, this fund has given an average annual return of around 12%. The fund has a five-year annualized return of 10.9%, an expense ratio of 0.59%, with a 1.73% dividend yield.
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3) AMCAP Fund
Launched in 1967, AMCAP Fund (AMCPX) is a very protective fund if you want your money to stay for the long term. And if its annual return is above 12% and its 5-year return is above 15%, then amcap fund proves to be very beneficial for you. The fund has an average annual return of 12.43% over the past ten years, its five-year annualized return of 15.34%, and its expense ratio of 0.68%, well below the category average of 1.17%. The dividend yield is 0.17%.
4) New Perspective Fund
American Funds launched New Perspective Fund (ANWPX) in March 1973, those who want to invest money for the long term can go ahead with this fund. Because these fund managers mostly invest money of investors in blue chip international companies, like stocks, bonds, IPO etc. As of May 2021, the average annual return since inception is 12.61%. The fund has a five-year annualized return of 17.16%, and an expense ratio of 0.76%, with a 0.11% dividend yield.
5) Growth Fund of America
Started in December 1973, the Growth Fund of America (AGTHX) invests in cyclical businesses, undervalued companies and companies with potential turnaround and also buys part of them to make a decent profit. The fund has an average annual return of 13.44%, its five-year annualized return of 19.25%, and an expense ratio of 0.64%.
6) Income Fund of America
This Best US Mutual Funds Introduced in December 1973, the Income Fund of America (AMECX) seeks to achieve capital growth by investing in a mix of stocks, convertible securities and bonds. Its 10-year annualized return is 7.71%, its five-year annualized return is 7.96%, and the fund has an expense ratio of 0.57%. This fund has an attractive 2.95% dividend yield.
7) Bond Fund of America
Launched in 1973, Bond Fund of America (ABNDX) invests its money in a wide variety of portfolios present in the fund market. Simultaneously, the protection of capital is kept in the form of bonds. The fund has a 10-year annualized return of 3.08%, and a five-year annualized return of 3.00%. It has an expense ratio of 0.57% with a 1.5% yield.
8) American Balanced Fund
This Best US Mutual Funds Launched in July 1975, American Balanced Fund (ABALX) The company has invested at least 60% of its own in common stock and 40% in the bond market to avoid any difficulty in returning money to investors. Don’t be The fund has a five-year annualized return of 9.81%, an expense ratio of 0.58%, and a dividend yield of 1.6%.
9) Fundamental Investors Fund
Since its inception in August 1978, this Fundamental Investors Fund (ANCFX) has pleased all its investors to a great extent and provided them good returns with its high performance of agility and superior selling and earning potential. The fund’s 10-year annualized return of 12.30% is eclipsed by its five-year annualized return of 14.33%. The expense ratio is 0.61%, and the dividend yield is 1.33%.
10) Tax-Exempt Bond Fund of America
Launched in October 1979, the Tax-Exempt Bond Fund of America (AFTEX) is run primarily by municipal and public authorities, think of it as these funds put almost all of their money in most tax-exempt bonds. Due to this you get an annual return of 4.07% for 10 years and annual return of 2.62% for five years. The fund’s 12-month yield is 2.14%, and its expense ratio is 0.52%.
