American Funds Mortgage Fund® Class R-6 (RMAGX)
| Fund Assets | 11.62B |
| Expense Ratio | 0.26% |
| Min. Investment | $250 |
| Turnover | 824.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 4.31% |
| Dividend Growth | 0.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.75 |
| YTD Return | 3.59% |
| 1-Year Return | 1.22% |
| 5-Year Return | -2.81% |
| 52-Week Low | 8.48 |
| 52-Week High | 9.10 |
| Beta (5Y) | n/a |
| Holdings | 1072 |
| Inception Date | Nov 1, 2010 |
About RMAGX
American Funds Mortgage Fund Class R-6 is a mutual fund dedicated to providing current income and capital preservation through investments primarily in mortgage-related securities. Its portfolio focuses on high-quality, intermediate-term securities such as mortgage-backed obligations, U.S. Treasury bonds and notes, and asset-backed instruments. At least 80% of the fund’s assets are typically allocated to mortgage-backed securities issued or guaranteed by U.S. government agencies, as well as similar securities rated AAA/Aaa, maintaining a strong credit quality profile while aiming to minimize credit risk. Managed by Capital Research and Management Company, the fund employs a multi-manager approach and benefits from in-depth credit analysis and risk controls. Held mostly in securities backed by the U.S. government or its agencies, the fund plays a significant role in the intermediate government bond market, particularly among investors seeking predictable income distributions and a relatively conservative risk profile. Its diversified holdings—spanning hundreds of securities—make it attractive for retirement plans and institutional investors with objectives tied to income and principal preservation. The fund’s expense ratio is notably low for its class, further enhancing its appeal among cost-conscious long-term investors.
Performance
RMAGX had a total return of 1.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.97%.
Top 10 Holdings
28.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 8.98% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 7.11 | 3.46% |
| Federal National Mortgage Association 6% | FNCL.6 7.11 | 2.98% |
| Federal Home Loan Banks 0% | FHLBDN.0 07.02.13 | 2.45% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 8.11 | 2.08% |
| Federal Home Loan Mortgage Corp. 5% | FR.SD4977 | 1.85% |
| Federal National Mortgage Association 3.5% | FNCL.3.5 8.11 | 1.80% |
| Federal National Mortgage Association 5% | FN.MA5009 | 1.69% |
| Federal Home Loan Banks 0% | FHLBDN.0 08.27.13 | 1.61% |
| Federal Home Loan Mortgage Corp. 6.5% | FR.SD8508 | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03546 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0344 | Jul 1, 2025 |
| May 30, 2025 | $0.03467 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0337 | May 1, 2025 |
| Mar 31, 2025 | $0.03407 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03358 | Mar 3, 2025 |