EX-99.77C VOTES 2 amf_77c.htm 77C Unassociated Document
American Mutual Fund, Inc.
333 South Hope Street
Los Angeles, California 90071

Telephone (213) 486-9200
Fax (213) 486-9455


For period ending 04/30/10
File number 811-00572

77C.           The Board of Directors of American Mutual Fund, Inc. presented several proposals to its shareholders.  These measures were designed to increase investment flexibility, streamline fund administration and reduce expenses.  The fund’s shareholder meeting was held November 24, 2009.

The results of the proposals submitted to vote for the American Mutual Fund, Inc. are as follows:

Election of Directors:

 
Director
Votes
For
Votes
Withheld
Louise H. Bryson
457,463,504
13,607,750
Mary Anne Dolan
457,536,535
13,534,719
James K. Dunton
457,487,512
13,583,742
James G. Ellis
457,372,546
13,698,708
Leonard R. Fuller
457,322,370
13,748,884
Joyce E. Gordon
457,577,709
13,493,545
William D. Jones
457,438,014
13,633,240
L. Daniel Jorndt
457,424,972
13,646,282
William H. Kling
457,281,273
13,789,981
John G. McDonald
457,286,123
13,785,131
Bailey Morris-Eck
457,448,833
13,622,421
Olin C. Robison
457,284,215
13,787,039
Steven B. Sample
457,366,668
13,704,586


Approval of an agreement to reorganize the fund from a Maryland Corporation into a Delaware Statutory Trust:

Votes
For
Votes
Against
Votes
Abstaining*
383,349,633
10,200,933
77,520,688


Approval to update the fund’s fundamental investment policies:
a.  
Policy regarding borrowing
b.  
Policy regarding issuance of senior securities
c.  
Policy regarding underwriting
d.  
Policy regarding investments in real estate or commodities
e.  
Policy regarding lending
f.  
Policy regarding industry concentration
g.  
The elimination of certain policies

 
Votes
For
Votes
Against
Votes
Abstaining*
3a.
381,847,919
11,581,550
77,641,785
3b.
381,711,789
11,591,359
77,768,106
3c.
382,204,542
10,711,876
78,154,836
3d.
380,636,272
12,545,672
77,889,310
3e.
380,507,637
12,513,532
78,050,085
3f.
382,342,333
10,655,112
78,073,809
3g.
380,192,445
11,973,253
78,905,556


Approval of a policy allowing Capital Research and Management Company to appoint subsidiary advisers to manage the day-to-day investment activities of the fund without additional shareholder approval:

Votes
For
Votes
Against
Votes
Abstaining*
378,655,040
14,228,173
78,188,041


Approval of amendments to the fund’s Investment Advisory and Service Agreement with Capital Research and Management Company:

Votes
For
Votes
Against
Votes
Abstaining*
379,978,815
12,050,075
79,042,364


Approval of a form of Subsidiary Agreement and appointment of subsidiary advisor(s) for the fund:

Votes
For
Votes
Against
Votes
Abstaining*
378,937,317
13,519,012
78,614,925


Approval to consider a proposal submitted by shareholders of the fund that requests the Board of the Fund to “institute procedures to prevent holding investments in companies that, in the judgment of the Board, substantially contribute to genocide or crimes against humanity, the most egregious violation of human rights:”

Votes
For
Votes
Against
Votes
Abstaining
43,764,571
341,346,405
19,819,784

 
*Includes broker non-votes.