About RMDTX
American Funds Multi-Sector Income Fund Class R-5 is an open-end bond fund designed to deliver a high level of current income with a secondary goal of capital appreciation. It employs a flexible, multi-sector approach that allocates across the credit spectrum, including investment-grade and high-yield corporate bonds, emerging market debt, and securitized sectors such as mortgage- and asset-backed securities, with opportunistic use of U.S. government, municipal, and non-corporate credit. Managed by Capital Research and Management Company, the strategy blends diversified income sources to moderate volatility relative to single-sector high-yield or emerging market debt funds while targeting consistent distributions. As of mid-2025, the portfolio skews toward corporate credit alongside meaningful allocations to mortgage-backed and asset-backed obligations, complemented by selective sovereign exposure, and it pays dividends on a monthly schedule. The fund’s risk and return profile is contextualized against broad bond market benchmarks, with intermediate effective duration and yield metrics reflecting its multi-sector positioning and active management focus on income generation and credit selection.
Fund Family Capital Group
Category Multisector Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RMDTX
Share Class Class R-5
Index Bloomberg U.S. Aggregate Bond TR
RMDTX had a total return of 7.05% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.56%.
