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 Capital Group
Category Multisector Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MIAZX
Share Class Class F-3
Index Bloomberg U.S. Aggregate Bond TR
MIAZX had a total return of 2.20% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.29%.
