American Funds Mortgage Fund® Class R-3 (RMACX)
| Fund Assets | 13.01B |
| Expense Ratio | 0.92% |
| Min. Investment | $250 |
| Turnover | 58.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.99% |
| Dividend Growth | -3.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 8.69 |
| YTD Return | -1.46% |
| 1-Year Return | 4.11% |
| 5-Year Return | -1.79% |
| 52-Week Low | 8.59 |
| 52-Week High | 9.00 |
| Beta (5Y) | n/a |
| Holdings | 1282 |
| 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 4.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.48%.
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 | $0.02752 | May 1, 2026 |
| Mar 31, 2026 | $0.02821 | Apr 1, 2026 |
| 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 |