American Funds Mortgage Fund benefits from a solid team which has prudently 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 earn a Bronze or Neutral.
Will MFAFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MFAFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MFAFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MFAFX’s parent organization’s priorities and whether they’re in line with investors’ interests.