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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

American Funds Mortgage Fund®

MFAAX | Fund

$10.07

$9.28 B

0.48%

$0.05

0.63%

Vitals

YTD Return

-1.1%

1 yr return

-0.6%

3 Yr Avg Return

3.6%

5 Yr Avg Return

2.5%

Net Assets

$9.28 B

Holdings in Top 10

36.1%

52 WEEK LOW AND HIGH

$10.1
$10.07
$10.27

Expenses

OPERATING FEES

Expense Ratio 0.63%

SALES FEES

Front Load 3.75%

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

$250

IRA

$25

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Intermediate Government

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

American Funds Mortgage Fund®

MFAAX | Fund

$10.07

$9.28 B

0.48%

$0.05

0.63%

MFAAX - Profile

Distributions

  • YTD Total Return -1.1%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.12%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds Mortgage Fund®
  • Fund Family Name
    American Funds
  • Inception Date
    Nov 01, 2010
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Fergus MacDonald

Fund Description

Normally at least 80% of the fund's assets will be invested in mortgage-related securities, including securities collateralized by mortgage loans and contracts for future delivery of such securities (such as to be announced contracts and mortgage dollar rolls). The fund will invest primarily in mortgage-related securities that are sponsored or guaranteed by the U.S. government, such as securities issued by government-sponsored entities that are not backed by the full faith and credit of the U.S. government, and non-government mortgage-related securities.

MFAAX - Performance

Return Ranking - Trailing

Period MFAAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -24.0% -0.4% 16.43%
1 Yr -0.6% -4.6% 3.0% 19.50%
3 Yr 3.6%* 1.4% 6.7% 36.07%
5 Yr 2.5%* 0.8% 4.9% 37.05%
10 Yr 2.2%* 0.1% 3.8% 24.53%

* Annualized

Return Ranking - Calendar

Period MFAAX Return Category Return Low Category Return High Rank in Category (%)
2021 -1.0% -28.0% 16.6% 3.61%
2020 2.1% -19.3% 8.8% 57.04%
2019 1.7% -48.1% 7.1% 80.15%
2018 -1.3% -20.9% 0.2% 20.62%
2017 -0.3% -21.9% 0.7% 38.14%

Total Return Ranking - Trailing

Period MFAAX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -24.0% 0.0% 21.07%
1 Yr -4.4% -8.2% 1.7% 84.40%
3 Yr 2.2%* 0.4% 6.7% 73.93%
5 Yr 1.7%* 0.4% 4.9% 68.35%
10 Yr 1.8%* 0.1% 3.7% 53.38%

* Annualized

Total Return Ranking - Calendar

Period MFAAX Return Category Return Low Category Return High Rank in Category (%)
2021 -1.0% -28.0% 16.6% 3.61%
2020 2.1% -19.3% 8.8% 57.04%
2019 1.7% -22.8% 7.1% 80.90%
2018 -1.3% -20.9% 2.0% 35.41%
2017 0.0% -21.9% 4.6% 43.64%

NAV & Total Return History

MFAAX - Holdings

Concentration Analysis

MFAAX Category Low Category High MFAAX % Rank
Net Assets 9.28 B 7.32 M 25.6 B 16.19%
Number of Holdings 532 2 14757 41.27%
Net Assets in Top 10 3.23 B -25.8 M 10.5 B 13.10%
Weighting of Top 10 36.12% 8.8% 100.0% 62.71%

Top 10 Holdings

  1. Federal National Mortgage Association 3% 12.70%
  2. Federal National Mortgage Association 1.5% 10.15%
  3. Federal National Mortgage Association 2% 9.77%
  4. Federal National Mortgage Association 1.5% 9.30%
  5. Federal National Mortgage Association 1.5% 7.47%
  6. Federal National Mortgage Association 2% 7.12%
  7. Federal National Mortgage Association 2% 6.28%
  8. Federal National Mortgage Association 2% 6.24%
  9. Federal National Mortgage Association 2% 5.96%
  10. Federal National Mortgage Association 1.5% 5.91%

Asset Allocation

Weighting Return Low Return High MFAAX % Rank
Bonds 		99.18% 0.00% 166.27% 33.73%
Cash 		0.47% -66.27% 30.39% 65.87%
Stocks 		0.35% 0.00% 100.00% 4.37%
Preferred Stocks 		0.00% 0.00% 0.33% 77.78%
Other 		0.00% -2.77% 33.80% 76.98%
Convertible Bonds 		0.00% 0.00% 0.48% 77.78%

Stock Sector Breakdown

Weighting Return Low Return High MFAAX % Rank
Utilities 		0.00% 5.80% 11.25% N/A
Technology 		0.00% 2.74% 10.68% N/A
Real Estate 		0.00% 0.00% 0.01% N/A
Industrials 		0.00% 8.45% 12.57% N/A
Healthcare 		0.00% 16.73% 22.58% N/A
Financial Services 		0.00% 0.15% 6.11% N/A
Energy 		0.00% 9.77% 11.65% N/A
Communication Services 		0.00% 10.41% 12.48% N/A
Consumer Defense 		0.00% 14.41% 15.65% N/A
Consumer Cyclical 		0.00% 12.68% 13.74% N/A
Basic Materials 		0.00% 0.05% 2.10% N/A

Stock Geographic Breakdown

Weighting Return Low Return High MFAAX % Rank
US 		0.35% 0.00% 83.27% 4.37%
Non US 		0.00% 0.00% 16.73% 77.78%

Bond Sector Breakdown

Weighting Return Low Return High MFAAX % Rank
Securitized 		46.20% 0.00% 100.00% 60.56%
Government 		28.33% 0.00% 100.00% 54.58%
Cash & Equivalents 		24.32% 0.00% 52.67% 9.16%
Corporate 		1.14% 0.00% 57.23% 9.56%
Derivative 		0.00% 0.00% 20.78% 77.69%
Municipal 		0.00% 0.00% 12.02% 81.67%

Bond Geographic Breakdown

Weighting Return Low Return High MFAAX % Rank
US 		98.42% 0.00% 161.91% 36.90%
Non US 		0.76% -0.03% 100.00% 19.05%

MFAAX - Expenses

Operational Fees

MFAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.63% 0.03% 2.02% 45.38%
Management Fee 0.19% 0.00% 1.00% 25.10%
12b-1 Fee 0.25% 0.00% 1.00% 47.54%
Administrative Fee 0.05% 0.01% 0.45% 26.17%

Sales Fees

MFAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 1.00% 4.50% 42.42%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MFAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MFAAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 3.00% 498.00% 63.10%

MFAAX - Distributions

Dividend Yield Analysis

MFAAX Category Low Category High MFAAX % Rank
Dividend Yield 0.48% 0.00% 12.72% 80.28%

Dividend Distribution Analysis

MFAAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

MFAAX Category Low Category High MFAAX % Rank
Net Income Ratio 0.12% -1.28% 2.96% 85.37%

Capital Gain Distribution Analysis

MFAAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly Monthly

Dividend Payout History

View More +

MFAAX - Fund Manager Analysis

Managers

Fergus MacDonald

Start Date

Tenure

Tenure Rank

Nov 01, 2010

11.17

11.2%

Fergus N. MacDonald is a fixed income portfolio manager at Capital Group. Earlier in his career at Capital, he was a fixed income investment analyst covering mortgage-backed securities. Prior to joining Capital, he was a vice president at Goldman Sachs & Co. and an associate in the derivative products group at Morgan Stanley. Before that, Fergus was a consultant and actuary at Hewitt Bacon & Woodrow in London. He holds a graduate degree in applied mathematics and theoretical physics from Cambridge University and a bachelor’s degree with first-class honors in mathematics from the Imperial Colle

David Betanzos

Start Date

Tenure

Tenure Rank

Nov 01, 2013

8.17

8.2%

David J. Betanzos is a fixed income portfolio manager at Capital Group. Earlier in his career at Capital he was a fixed income investment analyst and covered mortgage-backed securities. He joined the investment industry in 2000 and has been with Capital Group since 2002. Prior to joining Capital, he was a portfolio strategist with Payden & Rygel Investment Management. He holds an MBA from the University of Chicago Booth School of Business and a bachelor’s degree in business administration from the University of Washington. He also holds the Chartered Financial Analyst® designation. David is based in Los Angeles.

Oliver Edmonds

Start Date

Tenure

Tenure Rank

Oct 30, 2019

2.17

2.2%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 31.22 8.42 6.93

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