RMDNX

About RMDNX

American Funds Multi-Sector Income Fund is an open-end mutual fund focused on generating a high level of current income with a secondary goal of capital appreciation. Managed by Capital Research and Management Company, the fund invests across the fixed income spectrum, including investment-grade and high-yield corporates, emerging markets debt, and securitized assets such as mortgage- and asset-backed securities. It may also allocate to U.S. government and municipal bonds to diversify interest rate and credit exposure. The portfolio emphasizes broad sector exposure and active security selection to balance yield opportunities with risk management across market cycles. As of mid-2025, the fund’s portfolio is predominantly in U.S. bonds with meaningful allocations to non-U.S. bonds, maintains an intermediate effective duration, and distributes income on a monthly basis. The strategy’s multi-sector approach positions it as a core-plus income solution that can complement traditional aggregate bond allocations by reducing reliance on a single segment of the fixed income market and providing diversified sources of income across corporate credit, securitized products, and global bond markets.