About RMDSX
American Funds Multi-Sector Income Fund is an actively managed 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 spectrum, emphasizing corporate credit while allocating to securitized assets and global debt to diversify income sources and manage risk. As of June 30, 2025, the portfolio was primarily composed of corporate bonds, notes, and loans, alongside meaningful exposures to mortgage‑ and asset‑backed securities, and select U.S. Treasury and non‑U.S. government issues. The strategy maintains an intermediate interest‑rate profile, with an effective duration near the middle of the curve and a yield to worst indicative of its income focus. Managed by Capital Research and Management Company, the fund pays regular monthly dividends and has built significant scale since its 2019 inception, reflecting broad adoption among income‑oriented investors. Its multi‑sector approach aims to balance credit income with diversification across regions, sectors, and structures, seeking steadier results than single‑sector high‑yield or emerging‑markets debt allocations.
Fund Family Capital Group
Category Multisector Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RMDSX
Share Class Class R-5e
Index Bloomberg U.S. Aggregate Bond TR
RMDSX had a total return of 6.77% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.32%.
