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Morningstar

American Funds Mortgage 529E CMFEX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 8.50  /  −0.22 %
  • Total Assets 10.1 Bil
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 0.930%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield —
  • Effective Duration 5.72 years

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 10:18 PM GMT+0

Morningstar’s Analysis CMFEX

Will CMFEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CMFEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CMFEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CMFEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A compelling option at the right price.

Director Alec Lucas

Alec Lucas

Director

Summary

American Funds Mortgage’s proven team merits an upgrade in its People rating to High from Above Average; the rating for its distinctive, valuation-sensitive Process remains Above Average.

by Alec Lucas
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CMFEX

More CMFEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

23.53 2.5 Bil
Cash and Equivalents

Federal National Mortgage Association 4.5%

6.08 640.3 Mil
Securitized

Federal National Mortgage Association 4%

3.25 342.0 Mil
Securitized

Federal National Mortgage Association 5%

2.66 280.0 Mil
Securitized

Federal Home Loan Banks 0%

2.36 248.0 Mil
Cash and Equivalents

Federal National Mortgage Association 6%

2.30 242.0 Mil
Securitized

Federal Home Loan Banks 0%

2.29 241.1 Mil
Cash and Equivalents

Federal Home Loan Mortgage Corp. 6%

2.17 228.9 Mil
Securitized

Federal National Mortgage Association 5%

2.13 224.4 Mil
Securitized

Federal National Mortgage Association 5%

1.89 199.3 Mil
Securitized