American Funds Mortgage Fund Class C (MFACX)
| Fund Assets | 12.95B |
| Expense Ratio | 1.45% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.40% |
| Dividend Growth | -4.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.89 |
| YTD Return | 0.95% |
| 1-Year Return | 8.77% |
| 5-Year Return | -1.62% |
| 52-Week Low | 8.23 |
| 52-Week High | 8.91 |
| Beta (5Y) | n/a |
| Holdings | 1310 |
| Inception Date | Nov 1, 2010 |
About MFACX
American Funds Mortgage Fund® Class C is a fixed income mutual fund managed by Capital Research and Management Company. Its primary purpose is to deliver current income while preserving capital, targeting investors who seek stability and a steady income stream. The fund achieves its objectives by investing at least 80% of its assets in high-quality, mortgage-related securities. These typically include securities guaranteed by the U.S. government, those issued by government-sponsored entities, and highly rated non-government mortgage-backed securities. The fund maintains a focus on credit quality and interest rate sensitivity, with a portfolio that consists almost entirely of U.S. bonds in the intermediate government category. Notably, it holds no equity exposure, emphasizing fixed-income instruments, and typically pays dividends monthly. With substantial assets under management and a portfolio diversified across multiple issuers, American Funds Mortgage Fund® Class C plays a significant role in providing exposure to the U.S. mortgage and securitized bond market, contributing to the broader fixed-income landscape by offering a conservative option for income-oriented investors.
Performance
MFACX had a total return of 8.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.12%.
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 | $0.02362 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02537 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0242 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02525 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02547 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02575 | Sep 2, 2025 |