American Funds Mortgage F-2 (MFAFX)

Fund Assets	12.95B
Expense Ratio	0.37%
Min. Investment	$250
Turnover	58.00%
Dividend (ttm)	0.38
Dividend Yield	4.41%
Dividend Growth	-6.36%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	8.62
YTD Return	-0.95%
1-Year Return	1.32%
5-Year Return	0.09%
52-Week Low	8.61
52-Week High	9.04
Beta (5Y)	-0.04
Holdings	1188
Inception Date	Nov 1, 2010

About MFAFX

American Funds Mortgage Fund Class F-2 is a fixed-income mutual fund dedicated to generating current income and preserving capital, primarily through investment in mortgage-related securities. At least 80% of its portfolio is allocated to securities such as mortgage-backed obligations—many of which are sponsored or guaranteed by U.S. government agencies—as well as other securities collateralized by mortgage loans. The fund also invests a smaller proportion in U.S. Treasury bonds and asset-backed obligations, with virtually no exposure to equities or non-U.S. debt. With a large and diversified portfolio exceeding $11 billion in assets under management and more than 900 holdings, the fund employs an actively managed strategy, overseen by an experienced team, to navigate changing interest rate and credit conditions. Distributions are made monthly, providing a consistent income stream, and the fund is benchmarked against both the Bloomberg U.S. Mortgage Backed Securities Index and other sector standards, reflecting its primary focus on the mortgage sector. By primarily targeting mortgage-backed securities, American Funds Mortgage Fund Class F-2 plays a significant role in the intermediate government bond segment, offering investors exposure to the dynamics of the U.S. housing and credit markets.

• Fund Family: Capital Group
• Category: Intmdt US Govt
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: MFAFX
• Share Class: Class F-2
• Index: Bloomberg US MBS TR

Performance

MFAFX had a total return of 1.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.85%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RMAGX	Class R-6	0.26%
AFFMX	Class F-3	0.26%
FMMFX	Class 529-f-3	0.31%
RMAFX	Class R-5	0.32%

Top 10 Holdings

34.63% of assets

Name	Symbol	Weight
Capital Group Central Cash Fund	n/a	9.63%
Federal National Mortgage Association 6%	FNCL.6 8.11	5.98%
Federal Home Loan Banks 0%	FHLBDN.0 09.09.14	3.25%
Federal National Mortgage Association 6.5%	FNCL.6.5 7.11	2.92%
Federal National Mortgage Association 2.5%	FNCL.2.5 8.11	2.79%
Federal Home Loan Banks 0%	FHLBDN.0 09.16.14	2.66%
Federal Home Loan Banks 0%	FHLBDN.0 08.06.18	1.91%
Federal Home Loan Banks 0%	FHLBDN.0 09.25.18	1.90%
Federal Home Loan Banks 0%	FHLBDN.0 12.31.18	1.88%
Federal Home Loan Banks 0%	FHLBDN.0 07.29.14	1.72%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.02929	Sep 1, 2026
Jul 31, 2026	$0.02952	Aug 3, 2026
Jun 30, 2026	$0.02981	Jul 1, 2026
May 29, 2026	$0.03132	Jun 1, 2026
Apr 30, 2026	$0.03174	May 1, 2026
Mar 31, 2026	$0.03239	Apr 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 4, 2026

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