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American Funds Washington Mutual 529A

CWMAX · NASDAQ

Market closed$67.01$-0.460000 (-0.68%)

Key statistics

Previous close$67.47
Open$67.01
Day high$67.01
Day low$67.01
52-week high$68.99
52-week low$61.34
Market cap150.50B
Volume—
Average volume—
P/E ratio26.05
Forward P/E—
EPS2.57
Dividend yield0.00%

Market context

Why it moved

CWMAX edged lower amid a lack of meaningful trading volume or relevant catalysts, suggesting mild selling pressure driven by broader market sentiment rather than any specific company news.

Unh

What is happening

Recent company-specific developments and publisher coverage.

July 15, 2026American Funds Washington Mutual 529A closed essentially flat as the broader financial services sector benefited from a blowout Q2 earnings season on Wall Street. BlackRock beat Q2 estimates with iShares surpassing $6 trillion in AUM, while Goldman Sachs, Morgan Stanley, JPMorgan, and BofA all reported surging profits driven by record trading revenue and a dealmaking boom. The XLF sector ETF closed near its 52-week high, reflecting strong investor sentiment toward financials, though Morningstar notes AI disruption concerns and private credit cracks remain watchpoints for asset managers heading into H2 2026.

-0.0447

July 14, 2026American Funds Washington Mutual 529A (CWMAX) edged lower alongside the broader financial services sector, with XLF slipping modestly in after-hours trade. The fund, which holds large-cap U.S. blue-chip equities, faced headwinds from mixed macro signals: while a cooler June CPI print (3.5%) initially lifted equities, renewed U.S.-Iran tensions and hawkish Fed uncertainty tempered gains. Morningstar flagged financial stocks as the second-worst-performing sector over the past year, citing AI disruption fears and private credit cracks, even as major bank Q2 earnings from JPMorgan and Goldman Sachs beat expectations on surging dealmaking and trading revenue.

-0.6405

July 9, 2026American Funds Washington Mutual 529A closed essentially unchanged as the broader financial sector navigated a volatile macro backdrop. With Q2 bank earnings season kicking off July 14 — JPMorgan, Bank of America, Citi, and Wells Fargo all reporting — investor focus has shifted to whether strong capital markets activity can sustain the sector's recent outperformance. Compounding the uncertain outlook, renewed U.S.-Iran hostilities have pushed oil prices sharply higher, reigniting inflation fears and lifting Treasury yields, conditions that could pressure fund valuations tied to rate-sensitive financial holdings.

-0.164

July 8, 2026American Funds Washington Mutual 529A (CWMAX) edged lower, slipping modestly as broad financial sector sentiment was weighed down by a global risk-off move triggered by renewed U.S.-Iran military exchanges and Trump declaring the interim peace deal 'over,' sending oil prices surging over 5% and pressuring equities. The Financial Select Sector ETF (XLF) also retreated on the day, reflecting sector-wide caution ahead of Q2 bank earnings season, while rising Treasury yields and inflation concerns stemming from Middle East tensions added headwinds to asset management and value-oriented equity funds like CWMAX.

-0.6404

July 2, 2026American Funds Washington Mutual 529A (CWMAX) edged higher, outperforming the flat XLF financial sector ETF, as the broader asset management industry navigated a mixed macro backdrop. Finance sector stocks concluded a strong Q2 — up 10.9% — buoyed by rising equity markets, robust capital market volumes, and easing geopolitical tensions following a U.S.-Iran truce, though investor caution resurfaced ahead of the June nonfarm payrolls report and amid renewed chip-sector weakness. Fed Chair Warsh's softened inflation rhetoric helped temper rate-hike fears, providing a supportive backdrop for diversified equity funds like Washington Mutual.

0.5851

June 29, 2026American Funds Washington Mutual 529A (CWMAX) closed modestly higher, outpacing the broader Financial Services sector as risk appetite returned to markets following reports that the U.S. and Iran agreed to halt tit-for-tat strikes in the Strait of Hormuz, easing geopolitical tensions that had rattled equities last week. The fund, which holds large-cap U.S. value stocks, benefited from a rotation away from tech and into more diversified equity exposure, with analysts at Vital Knowledge noting that diminishing AI-sector dominance is "liberating money to shift into more neglected areas" — a dynamic that favors the fund's quality-oriented, dividend-focused holdings.

1.0199

Peers

S&P 500SPX · $7,457.69-1.01%American Funds Fundamental InvestorsANCFX · $100.94-0.92%American Funds Washington Mutual AAWSHX · $67.28-0.68%American Funds Fundamental Investors Class 529-ACFNAX · $100.66-0.93%American Funds Washington Mutual F3FWMIX · $67.22-0.68%American Funds Fundamental Invs R3RFNCX · $100.53-0.93%American Funds Washington Mutual R2RWMBX · $65.54-0.67%American Funds Washington Mutual R5RWMFX · $67.23-0.66%American Funds Capital World Gr&Inc F2WGIFX · $79.39-1.13%American Funds Washington Mutual CWSHCX · $65.77-0.68%American Funds Washington Mutual F1WSHFX · $66.84-0.68%