American Funds Mortgage 529-F-2 (FFMFX)
| Fund Assets | 11.92B |
| Expense Ratio | 0.42% |
| Min. Investment | $250 |
| Turnover | 824.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.49% |
| Dividend Growth | -0.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.98 |
| YTD Return | 4.97% |
| 1-Year Return | 1.09% |
| 5-Year Return | n/a |
| 52-Week Low | 8.48 |
| 52-Week High | 9.10 |
| Beta (5Y) | n/a |
| Holdings | 1072 |
| Inception Date | Oct 30, 2020 |
About FFMFX
American Funds Mortgage Fund 529-F-2 is a mutual fund specializing in fixed-income investments, with a primary objective to deliver current income and preserve capital. This fund invests predominantly in mortgage-related securities, including mortgage-backed obligations, which comprise over 80% of its portfolio. The remainder of assets is allocated to U.S. Treasury bonds, asset-backed obligations, and cash equivalents, providing additional liquidity and diversification. With an effective duration of approximately 6 years and an average yield to worst around 4.6%, the fund is structured to appeal to investors seeking stable income with moderate interest rate sensitivity. It operates within the U.S. bond market and is benchmarked against indices focused on mortgage securities, aligning its strategy with the broader landscape of U.S. government and mortgage-backed fixed income assets. Regular monthly dividends and a history of capital preservation reinforce its role as a fixed-income choice for conservative or income-focused investors, including those saving for education through 529 plans. Launched in 2010, American Funds Mortgage Fund 529-F-2 is managed by Capital Group, a long-standing firm in the asset management industry.
Performance
FFMFX had a total return of 1.09% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.51%.
Top 10 Holdings
28.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 8.98% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 7.11 | 3.46% |
| Federal National Mortgage Association 6% | FNCL.6 7.11 | 2.98% |
| Federal Home Loan Banks 0% | FHLBDN.0 07.02.13 | 2.45% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 8.11 | 2.08% |
| Federal Home Loan Mortgage Corp. 5% | FR.SD4977 | 1.85% |
| Federal National Mortgage Association 3.5% | FNCL.3.5 8.11 | 1.80% |
| Federal National Mortgage Association 5% | FN.MA5009 | 1.69% |
| Federal Home Loan Banks 0% | FHLBDN.0 08.27.13 | 1.61% |
| Federal Home Loan Mortgage Corp. 6.5% | FR.SD8508 | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03369 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03444 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03329 | Jul 1, 2025 |
| May 30, 2025 | $0.03348 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03275 | May 1, 2025 |
| Mar 31, 2025 | $0.0329 | Apr 1, 2025 |