About RMDUX
American Funds Multi-Sector Income Fund Class R-6 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 allocates across a broad spectrum of fixed income markets, including investment-grade and high-yield corporates, emerging market debt, and securitized sectors such as mortgage- and asset-backed securities, with opportunistic exposure to U.S. government and municipal bonds. The portfolio emphasizes diversified credit sources and intermediate-rate sensitivity, reflecting an effective duration around the mid‑4‑year range and a multi-curve approach to income generation. Managed by Capital Research and Management Company, the strategy draws on a large analyst platform and seeks through-cycle income with lower equity correlation than standalone high-yield or emerging markets offerings. Regular monthly distributions, wide issuer diversification, and dynamic sector rotation position the fund as a core-plus income solution for retirement plans and institutional platforms, aiming to balance yield, credit selection, and risk management across varying market conditions.
Fund Family Capital Group
Category Multisector Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol RMDUX
Share Class Class R-6
Index Bloomberg U.S. Aggregate Bond TR
RMDUX had a total return of 0.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.99%.
