American Funds Mortgage Fund® Class R-3 (RMACX)
| Fund Assets | 13.12B |
| Expense Ratio | 0.92% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.97% |
| Dividend Growth | -4.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 8.82 |
| YTD Return | -0.51% |
| 1-Year Return | 4.73% |
| 5-Year Return | -0.52% |
| 52-Week Low | 8.59 |
| 52-Week High | 9.00 |
| Beta (5Y) | n/a |
| Holdings | 1310 |
| Inception Date | Nov 1, 2010 |
About RMACX
American Funds Mortgage Fund Class R-3 is an open-ended mutual fund specializing in fixed-income investments, with a primary objective of delivering current income alongside preservation of capital. The fund predominantly invests at least 80% of its assets in mortgage-related securities. These include assets either guaranteed by the U.S. government, those issued by government-sponsored enterprises such as Fannie Mae and Freddie Mac, and high-quality non-government mortgage securities—generally rated AAA or equivalent. Managed by Capital Research and Management Company, the fund targets investors seeking a stable income stream through exposure to the U.S. mortgage market, while maintaining a strong credit profile and moderate interest rate sensitivity. Its portfolio is highly concentrated in U.S. mortgage-backed obligations, which as of the latest data compose more than 88% of invested assets, supplemented by small allocations to U.S. Treasury and asset-backed securities. The fund distributes dividends monthly and features an expense ratio that is competitive within its peer group. Operating since November 2010, American Funds Mortgage Fund Class R-3 plays a significant role for investors seeking steady income and risk-controlled exposure to the intermediate government bond sector, especially within retirement and long-term income strategies.
Performance
RMACX had a total return of 4.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.56%.
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 |
|---|---|---|
| Feb 27, 2026 | $0.02758 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02796 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02938 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02815 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02921 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0294 | Oct 1, 2025 |