American Funds Mortgage Fund® Class R-2 (RMABX)
| Fund Assets | 12.95B |
| Expense Ratio | 1.36% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.48% |
| Dividend Growth | -4.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.88 |
| YTD Return | 0.96% |
| 1-Year Return | 8.87% |
| 5-Year Return | -1.21% |
| 52-Week Low | 8.22 |
| 52-Week High | 8.90 |
| Beta (5Y) | n/a |
| Holdings | 1310 |
| Inception Date | Nov 1, 2010 |
About RMABX
American Funds Mortgage Fund® Class R-2 is a fixed-income mutual fund designed to provide current income and preservation of capital. The fund primarily invests in mortgage-backed securities, with the majority of holdings sponsored or guaranteed by the U.S. government, such as those issued by government agencies or government-sponsored entities. As of mid-2025, approximately 88.5% of the portfolio is allocated to mortgage-backed obligations, with smaller exposures to U.S. Treasury bonds, notes, and various asset-backed securities. The fund maintains an intermediate duration—around 6.2 years—and typically distributes income monthly. Notably, it serves as an option for investors seeking exposure to the U.S. mortgage market, emphasizing a conservative approach toward credit and interest rate risk. With over $11 billion in assets, the fund is actively managed by an experienced team and occupies a significant position within the intermediate government bond category, as recognized by Morningstar. American Funds Mortgage Fund® Class R-2 plays a key role in providing stability and income generation within diversified portfolios, while aiming to minimize risk through exposure to high-quality, government-linked mortgage assets.
Performance
RMABX had a total return of 8.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.27%.
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 | $0.02442 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02583 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0247 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02571 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02596 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02628 | Sep 2, 2025 |