American Funds Multi-Sector Income 529F3 (CMBQX)
| Fund Assets | 18.48B |
| Expense Ratio | 0.43% |
| Min. Investment | $250 |
| Turnover | 78.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 6.40% |
| Dividend Growth | 1.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.47 |
| YTD Return | 2.20% |
| 1-Year Return | 3.83% |
| 5-Year Return | n/a |
| 52-Week Low | 9.06 |
| 52-Week High | 9.61 |
| Beta (5Y) | n/a |
| Holdings | 2113 |
| Inception Date | Oct 30, 2020 |
About CMBQX
American Funds Multi-Sector Income Fund 529-F-3 is a multi-sector bond mutual fund designed to deliver a high level of current income with a secondary objective of capital appreciation. It allocates across diverse fixed income segments—including corporate credit, mortgage-backed securities, asset-backed obligations, and both U.S. and non-U.S. government issues—to balance income generation with risk management. The portfolio emphasizes corporate bonds and maintains a moderate interest-rate profile, reflected in an effective duration of roughly the mid‑4‑year range, while distributing income on a monthly basis. Managed by Capital Group, the strategy employs extensive security selection across hundreds of issuers and actively adjusts sector and quality exposures to navigate changing credit and rate environments. Within education savings plans, this 529 share class provides access to the same underlying strategy while aligning fees and features to the plan structure. The fund’s role in the market is to serve as a core-plus income solution, aiming to diversify equity-heavy allocations and complement core bond holdings by tapping multiple fixed income sectors for consistent cash flow and credit-driven total return potential.
Performance
CMBQX had a total return of 3.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.25%.
Top 10 Holdings
13.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 6.05% |
| Federal National Mortgage Association 6% | FNCL.6 7.11 | 3.25% |
| United States Treasury Notes 3.875% | T.3.875 06.30.30 | 0.89% |
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 0.72% |
| NFE Financing LLC 12% | NFE.12 11.15.29 144A | 0.43% |
| AbbVie Inc. 5.05% | ABBV.5.05 03.15.34 | 0.42% |
| Citigroup Inc. 5.333% | C.V5.333 03.27.36 . | 0.39% |
| MPT Operating Partnership LP / MPT Finance Corporation 8.5% | MPW.8.5 02.15.32 144a | 0.37% |
| Takeda US Financing Inc. 5.2% | TACHEM.5.2 07.07.35 | 0.33% |
| Federal National Mortgage Association 6% | FN.FS8005 | 0.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.05029 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04905 | Jul 1, 2025 |
| May 30, 2025 | $0.05117 | Jun 2, 2025 |
| Apr 30, 2025 | $0.04997 | May 1, 2025 |
| Mar 31, 2025 | $0.05123 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0455 | Mar 3, 2025 |