American Funds Mortgage Fund Class A (MFAAX)
| Fund Assets | 12.95B |
| Expense Ratio | 0.70% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.98% |
| Dividend Growth | -3.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.34 |
| YTD Return | 0.97% |
| 1-Year Return | 9.52% |
| 5-Year Return | 1.56% |
| 52-Week Low | 8.60 |
| 52-Week High | 9.36 |
| Beta (5Y) | n/a |
| Holdings | 1310 |
| Inception Date | Nov 1, 2010 |
About MFAAX
American Funds Mortgage Fund® Class A is a fixed-income mutual fund dedicated to providing current income and preservation of capital. Its portfolio is primarily composed of high-quality, mortgage-related securities, with at least 80% of assets invested in mortgage-backed securities guaranteed or sponsored by the U.S. government and government-sponsored enterprises, as well as highly rated non-government mortgage bonds. The fund maintains a diversified allocation that also includes a modest exposure to U.S. Treasury bonds and asset-backed securities, usually amounting to less than 10% of its holdings. Managed by Capital Research and Management Company, the fund employs a disciplined, research-driven process with a focus on credit quality and interest rate sensitivity. The investment approach seeks to balance yield with risk, targeting securities predominantly rated AAA/Aaa or of equivalent quality. The fund pays monthly dividends and is classified under the intermediate government bond category, which is characterized by moderate interest rate risk and high credit quality. In the broader market, American Funds Mortgage Fund® Class A serves investors seeking a reliable source of income and capital stability, playing a significant role in the fixed-income segment by offering exposure to the U.S. mortgage market.
Performance
MFAAX had a total return of 9.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.47%.
Top 10 Holdings
21.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 0% | FHLBDN.0 03.04.14 | 3.61% |
| Federal Home Loan Banks 0% | FHLBDN.0 01.06.14 | 3.23% |
| Federal Home Loan Mortgage Corp. 6% | FR.RQ0028 | 3.23% |
| Capital Group Central Cash Fund | n/a | 3.01% |
| Federal Home Loan Banks 0% | FHLBDN.0 04.27.18 | 2.00% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 1.12 | 1.41% |
| Federal National Mortgage Association 3.5% | FNCL.3.5 2.12 | 1.40% |
| Federal National Mortgage Association 6% | FN.MA5701 | 1.26% |
| Federal Home Loan Mortgage Corp. 6% | FR.SD8290 | 1.21% |
| Federal Home Loan Banks 0% | FHLBDN.0 01.28.14 | 1.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02967 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03135 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03001 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03127 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03126 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03167 | Sep 2, 2025 |