American Funds Mortgage Fund benefits from a solid team that 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 are rated Bronze or Neutral.
- NAV / 1-Day Return 9.12 / 0.01 %
- Total Assets 9.1 Bil
-
Adj. Expense Ratio
0.290%
- Expense Ratio 0.300%
- Distribution Fee Level Low
- Share Class Type Retirement, Large
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity High / Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 2.67%
- Effective Duration 5.84 years
Morningstar’s Analysis RMAFX
Will RMAFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
A conservative mortgage-focused offering.
Summary
|- Current Portfolio Date Dec 31, 2022
- Equity Holdings 0
- Bond Holdings 584
- Other Holdings 15
- % Assets in Top 10 Holdings 31.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Government National Mortgage Association 5%
5.47
456,381,094
Securitized
Federal National Mortgage Association 5.5%
5.23
436,327,936
Securitized
Capital Group Central Cash Fund
4.78
398,783,135
Cash and Equivalents
United States Treasury Notes 0.798%
3.83
319,410,870
Government
Federal Home Loan Banks 0%
3.57
297,646,410
Cash and Equivalents
Federal Home Loan Banks 0%
3.45
288,146,842
Cash and Equivalents
Federal National Mortgage Association 6%
2.98
248,951,309
Securitized
Federal Home Loan Banks 0%
2.98
248,282,725
Cash and Equivalents
Government National Mortgage Association 5%
2.97
247,721,250
Securitized
Federal Home Loan Banks 0%
2.97
247,602,475
Cash and Equivalents