AFMFX Fees and Costs — American Mutual Fund, Class F-3
Data updated: 2026-09-28
The net expense ratio is 0.27%: a 0.23% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $10.6M in broker commissions, 0.0100% of average net assets, and portfolio turnover was 30%.
AFMFX Fees and Expenses
Annual operating expenses and sales charges of AFMFX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 30-day yield | 1.75% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AFMFX Costs Over Time
On $10,000 invested in AFMFX, assuming 5% a year before costs, total costs come to $178 over 5 years, cutting the return by 0.29% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $5 | $16 |
| Total costs | $29 | $97 | $178 |
| Value after costs | $10,471 | $11,479 | $12,585 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
AFMFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0100%
- Total broker commissions: $10.6M
- Bought from dealers (principal trades, not a cost): $1.6B
- Portfolio turnover (prospectus): 30%
- Securities on loan, average value: $303.8M
- Net income from securities lending: $3.4M (0.003% of average net assets)
AFMFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1.6M | 21.07% |
| Goldman Sachs & Co. LLC | $1.4M | 18.26% |
| Bank of America, N.A. | $900K | 11.57% |
| Citigroup Global Markets Inc. | $728K | 9.36% |
| Jefferies & Company Inc. | $646K | 8.31% |
| J.P. Morgan Securities LLC | $602K | 7.74% |
| Barclays Bank PLC | $548K | 7.04% |
| TD Securities (USA) | $532K | 6.84% |
| RBC Capital Markets LLC | $470K | 6.04% |
| Sanford Bernstein & Co. LLC | $292K | 3.76% |
AFMFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $579.5M | 36.96% |
| J.P. Morgan Securities LLC | $340.5M | 21.72% |
| RBC Capital Markets LLC | $182.3M | 11.63% |
| Deutsche Bank A.G. | $133.4M | 8.51% |
| FTN Financial Securities Corp. | $124.0M | 7.91% |
| Wells Fargo Securities, LLC | $100.0M | 6.38% |
| Barclays Bank PLC | $55.1M | 3.52% |
| Bank of America, N.A. | $48.1M | 3.07% |
| Banco Santander S.A. | $5.0M | 0.32% |
American Mutual Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| AFMFX | Class F-3 | 0.27% | none |
| RMFGX | Class R-6 | 0.27% | none |
| FFFMX | Class 529-F-3 | 0.32% | none |
| RMFFX | Class R-5 | 0.32% | none |
| FFMMX | Class 529-F-2 | 0.36% | none |
| AMRFX | Class F-2 | 0.38% | none |
| RMFHX | Class R-5E | 0.42% | none |
| AMRMX | Class A | 0.57% | 5.75% |
| TAMFX | Class T | 0.57% | 2.50% |
| CMLAX | Class 529-A | 0.60% | 3.50% |
| RMFEX | Class R-4 | 0.62% | none |
| TAFMX | Class 529-T | 0.62% | 2.50% |
| AMFFX | Class F-1 | 0.64% | none |
| CMLFX | Class 529-F-1 | 0.69% | none |
| CMLEX | Class 529-E | 0.85% | none |
| RMFCX | Class R-3 | 0.91% | none |
| RMEBX | Class R-2E | 1.07% | none |
| AMFCX | Class C | 1.33% | none |
| RMFBX | Class R-2 | 1.35% | none |
| RMFAX | Class R-1 | 1.36% | none |
| CMLCX | Class 529-C | 1.37% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.