American Funds Mortgage Fund Class C (MFACX)
| Fund Assets | 13.12B |
| Expense Ratio | 1.43% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.39% |
| Dividend Growth | -5.75% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 8.67 |
| YTD Return | -0.79% |
| 1-Year Return | 2.92% |
| 5-Year Return | -3.58% |
| 52-Week Low | 8.58 |
| 52-Week High | 8.94 |
| Beta (5Y) | -0.05 |
| Holdings | 1282 |
| 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 2.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.90%.
Top 10 Holdings
21.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 0% | FHLBDN.0 04.29.14 | 3.57% |
| Federal Home Loan Banks 0% | FHLBDN.0 05.04.18 | 2.77% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 5.11 | 2.02% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 4.11 | 2.01% |
| Federal Home Loan Banks 0% | FHLBDN.0 04.23.18 | 1.98% |
| Federal Home Loan Banks 0% | FHLBDN.0 04.27.18 | 1.98% |
| Federal Home Loan Banks 0% | FHLBDN.0 05.22.18 | 1.98% |
| Federal Home Loan Mortgage Corp. 6% | FR.SD8534 | 1.83% |
| Federal National Mortgage Association 4.5% | FNCL.4.5 4.11 | 1.51% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 5.11 | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02246 | Jul 1, 2026 |
| May 29, 2026 | $0.02329 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02397 | May 1, 2026 |
| Mar 31, 2026 | $0.02426 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02392 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02362 | Feb 2, 2026 |