RMACX

About RMACX

American Funds Mortgage Fund Class R-3 is an open-ended mutual fund specializing in fixed-income investments, with a primary objective of delivering current income alongside preservation of capital. The fund predominantly invests at least 80% of its assets in mortgage-related securities. These include assets either guaranteed by the U.S. government, those issued by government-sponsored enterprises such as Fannie Mae and Freddie Mac, and high-quality non-government mortgage securities—generally rated AAA or equivalent. Managed by Capital Research and Management Company, the fund targets investors seeking a stable income stream through exposure to the U.S. mortgage market, while maintaining a strong credit profile and moderate interest rate sensitivity. Its portfolio is highly concentrated in U.S. mortgage-backed obligations, which as of the latest data compose more than 88% of invested assets, supplemented by small allocations to U.S. Treasury and asset-backed securities. The fund distributes dividends monthly and features an expense ratio that is competitive within its peer group. Operating since November 2010, American Funds Mortgage Fund Class R-3 plays a significant role for investors seeking steady income and risk-controlled exposure to the intermediate government bond sector, especially within retirement and long-term income strategies.