American Funds Mortgage Fund® Class R-2 (RMABX)
| Fund Assets | 13.01B |
| Expense Ratio | 1.36% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.55% |
| Dividend Growth | -4.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 8.61 |
| YTD Return | -1.64% |
| 1-Year Return | 3.54% |
| 5-Year Return | -3.72% |
| 52-Week Low | 8.52 |
| 52-Week High | 8.93 |
| Beta (5Y) | n/a |
| Holdings | 1282 |
| 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 3.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.06%.
Top 10 Holdings
21.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal Home Loan Banks 0% | FHLBDN.0 04.29.14 | 3.57% |
| Federal Home Loan Banks 0% | FHLBDN.0 05.04.18 | 2.77% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 5.11 | 2.02% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 4.11 | 2.01% |
| Federal Home Loan Banks 0% | FHLBDN.0 04.23.18 | 1.98% |
| Federal Home Loan Banks 0% | FHLBDN.0 04.27.18 | 1.98% |
| Federal Home Loan Banks 0% | FHLBDN.0 05.22.18 | 1.98% |
| Federal Home Loan Mortgage Corp. 6% | FR.SD8534 | 1.83% |
| Federal National Mortgage Association 4.5% | FNCL.4.5 4.11 | 1.51% |
| Federal National Mortgage Association 5.5% | FNCL.5.5 5.11 | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.02403 | May 1, 2026 |
| Mar 31, 2026 | $0.02469 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02391 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02442 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02583 | Jan 2, 2026 |
| Nov 28, 2025 | $0.0247 | Dec 1, 2025 |