American Funds Multi-Sector Income Fund (MIAZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.56
+0.04 (0.42%)
Sep 5, 2025, 4:00 PM EDT
0.42%
Fund Assets18.48B
Expense Ratio0.37%
Min. Investment$250
Turnover78.00%
Dividend (ttm)0.61
Dividend Yield6.43%
Dividend Growth1.58%
Payout FrequencyMonthly
Ex-Dividend DateAug 29, 2025
Previous Close9.52
YTD Return2.86%
1-Year Return2.66%
5-Year Return11.55%
52-Week Low9.06
52-Week High9.61
Beta (5Y)n/a
Holdings2123
Inception DateMar 22, 2019

About MIAZX

American Funds Multi-Sector Income Fund Class F-3 is an open‑end mutual fund designed to deliver a high level of current income with a secondary objective of capital appreciation. It allocates across multiple fixed‑income sectors, notably high‑yield and investment‑grade corporate credit, emerging‑markets debt, and securitized instruments such as mortgage‑ and asset‑backed securities, with opportunistic exposure to U.S. government, municipal, and other non‑corporate credit. The portfolio emphasizes diversified credit selection and flexible sector rotation, aiming to balance income generation with risk management through a moderate interest‑rate profile. As of mid‑2025, the fund’s assets are broadly spread across U.S. and non‑U.S. bonds, reflecting a global opportunity set and granular issuer diversification. It distributes income monthly and maintains a low expense profile for its category, supported by an experienced, multi‑manager team and a research‑driven process. Within the multisector bond landscape, the fund serves as a core income holding that integrates credit, securitized, and sovereign exposures to provide diversified cash flow and potential resilience across market cycles.

Fund Family American Funds
Category Multisector Bond
Stock Exchange NASDAQ
Ticker Symbol MIAZX
Share Class Class F-3
Index Bloomberg U.S. Aggregate Bond TR

Performance

MIAZX had a total return of 2.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.88%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
RMDUXClass R-60.37%
RMDTXClass R-50.43%
CMBQXClass 529-f-30.43%
MIAYXClass F-20.48%

Top 10 Holdings

13.47% of assets
NameSymbolWeight
CAPITAL GROUP CENTRAL CASH FUNDCMQXX6.04%
UNIFORM MBS - FNCL 6.0 UMBS TBA 07-01-55FNCL.6 7.113.41%
UNITED STATES TREASURY NOTE 4.0% 05-31-30T.4 05.31.301.01%
UNITED STATES TREASURY NOTE 4.25% 05-15-35T.4.25 05.15.350.77%
NFE FINANCING LLC 144A LIFE SR SEC 1ST LIEN 12.0% 11-15-29NFE.12 11.15.29 144A0.43%
ABBVIE INC SR UNSEC 5.05% 03-15-34ABBV.5.05 03.15.340.42%
CITIGROUP INC SR UNSEC 5.333% 03-27-36/35C.V5.333 03.27.36 .0.39%
MPT OPERATING PARTNERSHIP LP 144A LIFE SR SEC 1ST LIEN 8.5% 02-15-32MPW.8.5 02.15.32 144a0.37%
TAKEDA US FINANCING INC SR UNSEC 5.2% 07-07-35TACHEM.5.2 07.07.350.33%
FEDERAL NATIONAL MORTGAGE ASSOCIATION - FNCL UMBS 6.0 FS8005 05-01-54FN.FS80050.32%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 29, 2025$0.05053Sep 2, 2025
Jul 31, 2025$0.05074Aug 1, 2025
Jun 30, 2025$0.04944Jul 1, 2025
May 30, 2025$0.05167Jun 2, 2025
Apr 30, 2025$0.0505May 1, 2025
Mar 31, 2025$0.0519Apr 1, 2025
Full Dividend History