American Funds Multi-Sector Income R-4 (RMDRX)
| Fund Assets | 22.23B |
| Expense Ratio | 0.67% |
| Min. Investment | $250 |
| Turnover | 102.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 6.10% |
| Dividend Growth | -2.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.35 |
| YTD Return | 1.18% |
| 1-Year Return | 4.97% |
| 5-Year Return | 10.91% |
| 52-Week Low | 9.23 |
| 52-Week High | 9.59 |
| Beta (5Y) | n/a |
| Holdings | 2338 |
| Inception Date | May 1, 2020 |
About RMDRX
American Funds Multi-Sector Income Fund Class R-4 is an open‑end bond fund designed to deliver a high level of current income with a secondary goal of capital appreciation. It invests broadly across the fixed‑income universe, including investment‑grade and high‑yield corporate credit, securitized assets such as mortgage‑ and asset‑backed securities, and select non‑U.S. and emerging‑markets debt, with flexibility to allocate to U.S. government and municipal bonds as conditions warrant. The portfolio is diversified across hundreds of issuers and spans the credit spectrum, seeking multiple income sources while managing interest‑rate and credit risk. The fund is managed by Capital Research and Management Company, applying research‑driven security selection and sector rotation within a multi‑sector framework. It pays regular monthly dividends and has a moderate effective duration profile, reflecting its emphasis on income generation balanced with sensitivity to rate moves. Since its 2019 launch, the strategy has grown substantially, underscoring its role as a core-plus income option for retirement plans and investors seeking broad fixed‑income exposure with lower equity correlation than single‑sector high‑yield or emerging‑markets offerings.
Performance
RMDRX had a total return of 4.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.27%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.04654 | Jul 1, 2026 |
| May 29, 2026 | $0.04642 | Jun 1, 2026 |
| Apr 30, 2026 | $0.04759 | May 1, 2026 |
| Mar 31, 2026 | $0.04943 | Apr 1, 2026 |
| Feb 27, 2026 | $0.0437 | Mar 2, 2026 |
| Jan 30, 2026 | $0.0478 | Feb 2, 2026 |