Since the early 1930s, the American Funds family of mutual funds has been providing investors with the opportunity to purchase equity investments.1 At the moment, it represents 54 different fund offers that cover a wide variety of distinct areas.2.Professional analysts and managers are responsible for the active management of the majority of the funds. The funds listed below have the longest track records of any other funds.
Note: All of the data pertaining to finances is up to date as of August 2023.
First, the American Funds Investment Company of the United States
The Investment Company of America fund, also known as AIVSX, is an equity fund that is actively managed and focuses on both growth and income prospects. Since its creation in 1934, it has generated an average annual return of 11.39%, which is higher than the average annual return of the S&P 500, which was 11.11% for the same time period as of July 2023. A dividend yield of 1.25%, an expense ratio of 0.58%, and an annualized performance of 8.72% over the last five years are all characteristics of the fund.3)
The American Mutual Fund (AMF)
This large-cap value fund, known as the American Mutual Fund (AMRMX), has the objective of preserving capital by picking firms that have solid fundamentals and dividends that are able to be maintained over time. Since its inception in 1950, the fund has seen an average yearly return of 0.40%. Over a period of five years, the fund has had an annualized return of 7.49%, its expense ratio is 0.58%, and it has a dividend yield of 2.01%.4.
3. The AMCAP Fund
AMCAP Fund (AMCPX) is a mutual fund that was established in 1967 with the objective of achieving long-term capital growth by focusing on firms that regularly produce superior profitability. The fund has generated an average annual return of 10.13% over the previous ten years, an annualized return of 6.93% during the past five years, and an expense ratio of 0.67%, which is much lower than the average for the category, which is 1.10%. It is 0.27% that the dividend yield is.58
4) The Fund for New Perspectives
The New Perspective Fund (ANWPX) was established by American Funds in March 1973 with the intention of achieving long-term capital appreciation throughout the course of its investing strategy. Common stocks, preferred stocks, bonds, and convertible securities are the primary types of investments that the fund manager makes. The majority of the fund manager's investments are made in blue-chip international corporations. Since the beginning of the company, the average yearly return has been 11.92% as of May 2021. The annualized performance of the fund over a period of five years is 8.62%, and its expense ratio is 0.72%. Additionally, the fund has a dividend yield of 0.91%.7
5: The United States Growth Fund
The Growth Fund of America (AGTHX) was established in December 1973 with the objective of achieving long-term capital growth via investments in cyclical firms, undervalued companies, and possible turnaround stories. In terms of returns, the fund has an average annual return of 8.98%, an annualized return of 9.04% over the last five years, and an expense ratio of 0.60%.8.