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WARAX

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1d
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Analysis and statistics

  • Open
    10.6217$
  • Previous Close
    10.6217$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
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About

WARAX.US represents the American Funds Washington Mutual Investors Fund Class A. This fund is a large-cap value mutual fund that aims for long-term growth of capital and income. It primarily invests in common stocks of established companies, seeking those with prospects for long-term earnings growth and a history of paying dividends. The fund's investment decisions are guided by a team of portfolio managers employing a disciplined, research-driven approach.
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Factors

WARAX.US price is primarily influenced by factors affecting its underlying assets, which are primarily bonds. Interest Rates: Rising interest rates generally decrease bond values and thus WARAX.US's price. Falling rates increase bond values.

Credit Quality: Downgrades in the credit ratings of bonds held by WARAX.US can decrease its price. Upgrades can increase it.

Economic Growth: Stronger economic growth can lead to higher interest rates, negatively affecting bond values. Weaker growth may lead to lower rates and higher bond values.

Inflation: Higher inflation erodes the real value of bonds, causing their prices and WARAX.US's price to fall. Lower inflation can increase values.

Supply and Demand: Increased demand for WARAX.US shares can push the price up, while increased selling pressure can lower it. General bond market conditions affect demand.

Fund Expenses: WARAX.US's expense ratio reduces overall returns, impacting price appreciation over time compared to similar funds with lower fees.

Maturity: Longer-maturity bonds are more sensitive to interest rate changes than shorter-maturity bonds, affecting WARAX.US's price volatility if it holds a significant portion of long-term bonds.

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