American Funds Mortgage Fund Class F-1 (MFAEX)
| Fund Assets | 13.01B |
| Expense Ratio | 0.63% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.28% |
| Dividend Growth | -3.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 8.72 |
| YTD Return | -1.37% |
| 1-Year Return | 4.40% |
| 5-Year Return | -0.47% |
| 52-Week Low | 8.62 |
| 52-Week High | 9.04 |
| Beta (5Y) | n/a |
| Holdings | 1282 |
| 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 4.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.61%.
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 |
|---|---|---|
| Apr 30, 2026 | $0.02977 | May 1, 2026 |
| Mar 31, 2026 | $0.03049 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02955 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02988 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03167 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03012 | Dec 1, 2025 |