American Funds Mortgage 529-F-3 (FMMFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
8.85
+0.09 (1.03%)
Aug 1, 2025, 4:00 PM EDT
1.03%
Fund Assets11.68B
Expense Ratio0.32%
Min. Investment$250
Turnover824.00%
Dividend (ttm)0.42
Dividend Yield4.69%
Dividend Growth0.44%
Payout FrequencyMonthly
Ex-Dividend Daten/a
Previous Close8.76
YTD Return3.47%
1-Year Return1.89%
5-Year Returnn/a
52-Week Low8.48
52-Week High9.11
Beta (5Y)n/a
Holdings1072
Inception DateOct 30, 2020

About FMMFX

American Funds Mortgage Fund 529-F-3 is an open-end mutual fund specializing in fixed-income securities, with a primary focus on providing current income and preservation of capital. Its portfolio is predominantly composed of U.S. mortgage-backed obligations, which constitute approximately 88% of net assets, alongside smaller allocations to U.S. Treasury bonds and asset-backed obligations. The fund maintains a highly conservative profile with zero exposure to equities and non-U.S. securities, targeting investors seeking stability and reliable income streams within the mortgage sector. Notably, it carries an average duration of about 6.2 years, reflecting its sensitivity to interest rate changes, and offers regular monthly dividend distributions. The fund is managed by an experienced team and benchmarks its performance against indices such as the Bloomberg U.S. Mortgage Backed Securities Index. With assets exceeding $11 billion as of mid-2025, American Funds Mortgage Fund 529-F-3 holds significant presence in the intermediate government bond category, catering to investors who prioritize capital preservation and income over capital appreciation.

Fund Family American Funds
Category Intermediate Government
Stock Exchange NASDAQ
Ticker Symbol FMMFX
Share Class Class 529-f-3
Index Bloomberg US MBS TR

Performance

FMMFX had a total return of 1.89% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.71%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
RMAGXClass R-60.26%
AFFMXClass F-30.26%
RMAFXClass R-50.33%
MFAFXClass F-20.38%

Top 10 Holdings

28.36% of assets
NameSymbolWeight
Capital Group Central Cash Fundn/a8.98%
Federal National Mortgage Association 2.5%FNCL.2.5 7.113.46%
Federal National Mortgage Association 6%FNCL.6 7.112.98%
Federal Home Loan Banks 0%FHLBDN.0 07.02.132.45%
Federal National Mortgage Association 6.5%FNCL.6.5 8.112.08%
Federal Home Loan Mortgage Corp. 5%FR.SD49771.85%
Federal National Mortgage Association 3.5%FNCL.3.5 8.111.80%
Federal National Mortgage Association 5%FN.MA50091.69%
Federal Home Loan Banks 0%FHLBDN.0 08.27.131.61%
Federal Home Loan Mortgage Corp. 6.5%FR.SD85081.46%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.03525Aug 1, 2025
Jun 30, 2025$0.03438Jul 1, 2025
May 30, 2025$0.03459Jun 2, 2025
Apr 30, 2025$0.0336May 1, 2025
Mar 31, 2025$0.03398Apr 1, 2025
Feb 28, 2025$0.03351Mar 3, 2025
Full Dividend History