American Funds Multi-Sector Income Fund (MIAWX)
| Fund Assets | 14.31B |
| Expense Ratio | 0.75% |
| Min. Investment | $250 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 6.04% |
| Dividend Growth | 21.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2024 |
| Previous Close | 9.31 |
| YTD Return | 1.81% |
| 1-Year Return | 9.28% |
| 5-Year Return | n/a |
| 52-Week Low | 8.58 |
| 52-Week High | 9.34 |
| Beta (5Y) | 0.94 |
| Holdings | 1908 |
| Inception Date | May 1, 2020 |
About MIAWX
The investment seeks to provide a high level of current income and the secondary investment objective is capital appreciation. The fund invests primarily in bonds and other debt instruments, which may be represented by other investment instruments, including derivatives. Normally, it will invest its assets across four primary sectors: high-yield corporate debt, investment grade corporate debt, debt instruments of emerging market issuers and securitized debt. The fund may opportunistically invest in other sectors, including U.S. government debt, municipal debt and non-corporate credit, in response to market conditions.
Performance
MIAWX had a total return of 9.28% in the past year. Since the fund's inception, the average annual return has been -0.96%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FITKX | Fidelity | Fidelity Freedom 2005 Fund - Class K6 | 0.24% |
| FYRSX | Fidelity | Fidelity Advisor Managed Retirement 2015 Fund - Class Z6 | 0.26% |
| FFTVX | Fidelity | Fidelity Advisor Freedom 2005 Fund - Class M | 0.97% |
| FIRVX | Fidelity | Fidelity Managed Retirement 2020 Fund | 0.47% |
| FKRSX | Fidelity | Fidelity Managed Retirement 2015 Fund - Class K | 0.36% |
Top 10 Holdings
9.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 3.99% |
| Cash And Other Assets Less Liablities | n/a | 2.03% |
| AbbVie Inc. 5.05% | ABBV 5.05 03.15.34 | 0.54% |
| Bristol-Myers Squibb Company 5.2% | BMY 5.2 02.22.34 | 0.51% |
| Capital One Financial Corp. 6.051% | COF V6.051 02.01.35 | 0.39% |
| PNC Financial Services Group Inc. 6.875% | PNC V6.875 10.20.34 | 0.38% |
| The Boeing Company 5.15% | BA 5.15 05.01.30 | 0.36% |
| United States Treasury Notes 4% | T 4 02.15.34 | 0.34% |
| B.A.T. Capital Corporation 7.081% | BATSLN 7.081 08.02.53 | 0.34% |
| United States Treasury Bonds 4.75% | T 4.75 11.15.53 | 0.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2024 | $0.04696 | May 1, 2024 |
| Mar 28, 2024 | $0.0471 | Apr 1, 2024 |
| Feb 29, 2024 | $0.04416 | Mar 1, 2024 |
| Jan 31, 2024 | $0.04788 | Feb 1, 2024 |
| Dec 29, 2023 | $0.04797 | Jan 2, 2024 |
| Nov 30, 2023 | $0.04736 | Dec 1, 2023 |