About RMDOX
American Funds Multi-Sector Income Fund is an actively managed mutual fund designed to deliver a high level of current income with a secondary goal of capital appreciation. It invests broadly across the fixed income landscape, allocating to high-yield and investment‑grade corporate bonds, securitized credit such as mortgage‑ and asset‑backed securities, and debt from emerging market issuers, with opportunistic exposure to U.S. government, municipal, and other non‑corporate credit when conditions warrant. The fund employs a multi-sector, research‑driven approach overseen by Capital Research and Management Company, aiming to balance yield, credit risk, and interest‑rate sensitivity across market cycles. Its portfolio is predominantly in U.S. and non‑U.S. bonds with modest cash and minimal equity exposure, reflecting its income orientation. Regular monthly distributions underscore its cash‑flow focus, while effective duration management and diversified issuer exposure seek to temper volatility relative to single‑sector bond strategies. The fund holds a large, diversified lineup of issuers and maintains an intermediate interest‑rate profile, positioning it as a core-plus income option within the multisector bond category.
Fund Family Capital Group
Category Multisector Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RMDOX
Share Class Class R-2
Index Bloomberg U.S. Aggregate Bond TR
RMDOX had a total return of 5.58% in the past year, including dividends.
Since the fund's inception, the average annual return has been 3.59%.
