American Funds Mortgage Fund® Class R-1 (RMAAX)
| Fund Assets | 12.95B |
| Expense Ratio | 1.39% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.46% |
| Dividend Growth | -4.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.88 |
| YTD Return | 1.07% |
| 1-Year Return | 8.97% |
| 5-Year Return | -1.39% |
| 52-Week Low | 8.23 |
| 52-Week High | 8.91 |
| Beta (5Y) | n/a |
| Holdings | 1310 |
| Inception Date | Nov 1, 2010 |
About RMAAX
American Funds Mortgage Fund Class R-1 is a diversified mutual fund focused on generating current income while prioritizing the preservation of capital. The fund invests primarily in a portfolio of mortgage-backed securities, which typically make up more than three-quarters of its assets, providing exposure to both government and agency-backed mortgage markets. In addition to mortgage-backed holdings, the fund allocates a significant portion of its portfolio to U.S. Treasury bonds and notes, as well as a small allocation to asset-backed securities. This structure positions the fund within the intermediate U.S. government bond sector, making it relevant for investors and institutions seeking stable income streams and lower risk relative to more volatile asset classes. The fund’s risk profile is characterized by a moderate standard deviation and a beta lower than the overall bond market, reflecting its defensive investment approach. American Funds Mortgage Fund Class R-1 plays a notable role in the fixed-income market, supporting demand for mortgage and government securities, and is commonly utilized in retirement and conservative income-oriented investment strategies.
Performance
RMAAX had a total return of 8.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.50%.
Top 10 Holdings
21.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 0% | FHLBDN.0 03.04.14 | 3.61% |
| Federal Home Loan Banks 0% | FHLBDN.0 01.06.14 | 3.23% |
| Federal Home Loan Mortgage Corp. 6% | FR.RQ0028 | 3.23% |
| Capital Group Central Cash Fund | n/a | 3.01% |
| Federal Home Loan Banks 0% | FHLBDN.0 04.27.18 | 2.00% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 1.12 | 1.41% |
| Federal National Mortgage Association 3.5% | FNCL.3.5 2.12 | 1.40% |
| Federal National Mortgage Association 6% | FN.MA5701 | 1.26% |
| Federal Home Loan Mortgage Corp. 6% | FR.SD8290 | 1.21% |
| Federal Home Loan Banks 0% | FHLBDN.0 01.28.14 | 1.21% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0244 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02573 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02462 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02556 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02591 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02616 | Sep 2, 2025 |