RMABX

About RMABX

American Funds Mortgage Fund® Class R-2 is a fixed-income mutual fund designed to provide current income and preservation of capital. The fund primarily invests in mortgage-backed securities, with the majority of holdings sponsored or guaranteed by the U.S. government, such as those issued by government agencies or government-sponsored entities. As of mid-2025, approximately 88.5% of the portfolio is allocated to mortgage-backed obligations, with smaller exposures to U.S. Treasury bonds, notes, and various asset-backed securities. The fund maintains an intermediate duration—around 6.2 years—and typically distributes income monthly. Notably, it serves as an option for investors seeking exposure to the U.S. mortgage market, emphasizing a conservative approach toward credit and interest rate risk. With over $11 billion in assets, the fund is actively managed by an experienced team and occupies a significant position within the intermediate government bond category, as recognized by Morningstar. American Funds Mortgage Fund® Class R-2 plays a key role in providing stability and income generation within diversified portfolios, while aiming to minimize risk through exposure to high-quality, government-linked mortgage assets.