American Funds Mortgage Fund Class F-1 (MFAEX)
| Fund Assets | 12.95B |
| Expense Ratio | 0.63% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 4.18% |
| Dividend Growth | -3.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.99 |
| YTD Return | 1.01% |
| 1-Year Return | 9.71% |
| 5-Year Return | 2.42% |
| 52-Week Low | 8.26 |
| 52-Week High | 9.01 |
| Beta (5Y) | n/a |
| Holdings | 1310 |
| Inception Date | Nov 1, 2010 |
About MFAEX
American Funds Mortgage Fund Class F-1 is a fixed-income mutual fund focused primarily on providing current income and preservation of capital. The fund invests mainly in mortgage-related securities, with a significant allocation to instruments sponsored or guaranteed by the U.S. government, such as securities issued by government-sponsored entities and, to a lesser extent, non-government mortgage-related securities. Mortgage-backed obligations make up the vast majority of the fund's portfolio, typically exceeding 75% of assets, while a smaller portion is held in U.S. Treasury bonds and asset-backed obligations. This fund is actively managed by a team of experienced portfolio managers, employing a valuation-sensitive and conservative approach to mitigate interest rate and credit risk. Its strategy is oriented toward investors seeking regular monthly income distributions from a portfolio of high-quality, predominantly agency-backed mortgage securities. The fund's intermediate government classification reflects its focus on the intermediate part of the maturity spectrum, balancing yield with a moderate level of interest rate risk. With a substantial asset base and longstanding track record since its 2010 inception, the fund plays a notable role in the fixed-income mutual fund market, helping to diversify portfolios with exposure to the U.S. mortgage sector.
Performance
MFAEX had a total return of 9.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.68%.
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 | $0.02988 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03167 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03012 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03178 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03161 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0321 | Sep 2, 2025 |