CMFEX

About CMFEX

American Funds Mortgage Fund 529-E is a mutual fund specializing in fixed-income investments, with a primary focus on providing current income and preservation of capital. This fund predominantly allocates assets to mortgage-related securities, investing at least 80% of its portfolio in instruments such as mortgage-backed securities and similar collateralized holdings. The majority of its investments are in U.S. bonds, with a typical allocation near 88.5%, complemented by cash and equivalents, while it avoids exposure to equities and non-U.S. bonds. Structured to suit investors interested in stable monthly income, the fund pays regular dividends each month. It is managed with a moderate effective duration, providing a balance between sensitivity to interest rates and income generation. The American Funds Mortgage Fund 529-E is part of the American Funds family, known for its disciplined management and consistent approach to capital preservation. Given its focus on mortgage-backed securities, the fund plays a critical role within the broader bond market, offering diversification and a steady income stream for portfolios seeking lower risk relative to equities or more volatile fixed-income segments.