Mid-Year Update: A Fund Manager's Top Dividend Stocks That Beat the Market
Published Jul 25, 2011 on Seeking Alpha

In an article earlier this year I highlighted the American Funds top dividend stock holdings across six of its largest funds. At the time the 10 stocks provided an average yield of 4.8%. Since the portfolio was created (1/31/2011) the picks have handily beaten the market. I will review the performance and note changes to the top 10 as of June 30, 2011. Also, while it doesn't meet the 3% minimum yield threshold, there is a significant increase in Microsoft (MSFT) holdings across the funds. Why American Funds ? The American Funds mutual fund family continues to be one of the dominant fund managers despite some recent performance issues. It claims seven of the world's largest 15 mutual funds with those funds holding over $600 billion in assets. Because American Funds now updates holdings every month, it is now possible for investors to follow and consider the funds' top investments for... Read more