American Funds Multi-Sector Income Fund (MIAYX)
| Fund Assets | 18.48B |
| Expense Ratio | 0.48% |
| Min. Investment | $250 |
| Turnover | 78.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 6.35% |
| Dividend Growth | 1.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.46 |
| YTD Return | 2.30% |
| 1-Year Return | 3.83% |
| 5-Year Return | 10.93% |
| 52-Week Low | 9.06 |
| 52-Week High | 9.61 |
| Beta (5Y) | n/a |
| Holdings | 2113 |
| Inception Date | Mar 22, 2019 |
About MIAYX
American Funds Multi-Sector Income Fund Class F-2 is an open‑end mutual fund focused on generating a high level of current income, with a secondary objective of capital appreciation. The strategy allocates across multiple fixed‑income sectors—including high‑yield and investment‑grade corporate bonds, securitized credit such as mortgage‑ and asset‑backed securities, and debt from non‑U.S. and emerging‑market issuers—to diversify sources of income and manage risk across credit and interest‑rate cycles. The portfolio emphasizes corporate credit and securitized instruments, complemented by selective exposure to U.S. Treasuries and non‑U.S. government debt, resulting in an intermediate effective duration profile and a competitive yield to worst. Managed by Capital Group’s multi‑manager team, the fund distributes income monthly and maintains an expense ratio designed to be competitive within the multisector bond category. Since its 2019 inception, it has grown to a large, broadly diversified lineup of issuers, reflecting its role as a core plus income solution for investors seeking diversified bond market exposure and regular cash flow within a single vehicle.
Performance
MIAYX had a total return of 3.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.83%.
Top 10 Holdings
13.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 6.05% |
| Federal National Mortgage Association 6% | FNCL.6 7.11 | 3.25% |
| United States Treasury Notes 3.875% | T.3.875 06.30.30 | 0.89% |
| United States Treasury Notes 4.25% | T.4.25 05.15.35 | 0.72% |
| NFE Financing LLC 12% | NFE.12 11.15.29 144A | 0.43% |
| AbbVie Inc. 5.05% | ABBV.5.05 03.15.34 | 0.42% |
| Citigroup Inc. 5.333% | C.V5.333 03.27.36 . | 0.39% |
| MPT Operating Partnership LP / MPT Finance Corporation 8.5% | MPW.8.5 02.15.32 144a | 0.37% |
| Takeda US Financing Inc. 5.2% | TACHEM.5.2 07.07.35 | 0.33% |
| Federal National Mortgage Association 6% | FN.FS8005 | 0.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.0497 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04859 | Jul 1, 2025 |
| May 30, 2025 | $0.05078 | Jun 2, 2025 |
| Apr 30, 2025 | $0.04972 | May 1, 2025 |
| Mar 31, 2025 | $0.05101 | Apr 1, 2025 |
| Feb 28, 2025 | $0.04522 | Mar 3, 2025 |