What is the portfolio overlap between AFMFX and CNWAX?
AFMFX (American Mutual Fund) and CNWAX (New World Fund Inc) share 9.9% portfolio overlap as of their April 30, 2026 filings, across 36 common stocks. Overlap is the sum of the smaller weight of each shared stock, so it reads as the share of a dollar that lands on the same companies in both funds.
Do AFMFX and CNWAX invest in the same stocks?
Mostly not. Only a small portion of their portfolios overlaps — these funds hold largely different stocks and genuinely diversify each other.
What are the top stocks held by both AFMFX and CNWAX?
The most prominent shared holdings (by combined weight) are: AVGO, MSFT, GOOGL. See the full common-holdings table on this page for weights in each fund.