C000176242 Fees and Costs — Washington Mutual Investors Fund, Class 1A
Data updated: 2026-08-27
The net expense ratio is 0.50%: a 0.37% management fee plus 0.28% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.4M in broker commissions, 0.0121% of average net assets, and portfolio turnover was 37%.
C000176242 Fees and Expenses
Annual operating expenses and sales charges of C000176242. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | — |
| Other expenses | 0.28% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000176242 Costs Over Time
On $10,000 invested in C000176242, assuming 5% a year before costs, total costs come to $323 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $323 |
| Value after costs | $10,446 | $11,399 | $12,439 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
C000176242 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0121%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): $98.2M
- Portfolio turnover (prospectus): 37%
- Securities on loan, average value: $16.2M
- Net income from securities lending: $151K (0.001% of average net assets)
C000176242 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $162K | 16.43% |
| Goldman Sachs & Co. LLC | $155K | 15.70% |
| Bank of America, N.A. | $110K | 11.14% |
| Barclays Bank PLC | $105K | 10.65% |
| Citigroup Global Markets Inc. | $97K | 9.82% |
| J.P. Morgan Securities LLC | $89K | 9.06% |
| UBS AG | $76K | 7.75% |
| Jefferies & Company Inc. | $74K | 7.49% |
| RBC Capital Markets LLC | $66K | 6.71% |
| TD Securities (USA) | $52K | 5.26% |
C000176242 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $27.5M | 28.04% |
| FTN Financial Securities Corp. | $23.1M | 23.52% |
| Morgan Stanley & Co. LLC | $18.0M | 18.37% |
| J.P. Morgan Securities LLC | $13.8M | 14.00% |
| Barclays Bank PLC | $6.5M | 6.62% |
| Citigroup Global Markets Inc. | $6.2M | 6.29% |
| Nomura/Instinet Group | $3.1M | 3.16% |
Washington Mutual Investors Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000023924 | Class 1 | 0.25% | — |
| C000023925 | Class 2 | 0.50% | — |
| C000176242 | Class 1A | 0.50% | — |
| C000121510 | Class 4 | 0.75% | — |
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.