American Funds Mortgage’s stable and experienced team has consistently executed its conservative approach to the mortgage market. It earns a Morningstar Analyst Rating of Silver for its cheapest share classes, while its pricier shares are rated Bronze or Neutral.
American Funds Mortgage R1 RMAAX
- NAV / 1-Day Return 8.41 / +0.14 %
- Total Assets 10.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.390%
- Distribution Fee Level High
- Share Class Type Retirement, Small
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 3.50%
- Effective Duration 5.72 years
USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:18 PM GMT+0
Morningstar’s Analysis RMAAX
Will RMAAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |