MFACX : American Funds Mortgage Fund® Class C

MFACX is a Bond Market Government Bond with HIGH fees.

MFACX

American Funds Mortgage Fund® Class C

FI Score

46 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

46% FI Score
  • mfacx
  • Mutual Fund
  • Bond
  • Government Bond

American Funds Mortgage Fund® Class C

Expenses: 1.46% (Better than 0% of similar funds)

This is a bad choice for a Government Bond Bond fund. See why »

Fund Summary

The investment seeks to provide current income and preservation of capital. 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.

Largest Holdings

Amount Holding
11.42% Federal National Mortgage Association 3%
10.00% Federal National Mortgage Association 2%
6.46% Federal National Mortgage Association 3.5%
4.98% Federal National Mortgage Association 2%
2.59% Federal National Mortgage Association 4.5%
1.85% Federal National Mortgage Association 3%
1.84% Federal Home Loan Mortgage Corporation 3%
1.70% Federal Home Loan Mortgage Corporation 3.5%
1.61% Government National Mortgage Association 4%
1.47% Government National Mortgage Association 3.5%
1.43% Freddie Mac Seasoned Credit Risk Transfer Trust 3.25%
1.35% Fnma Pass-Thru I 3%
1.31% Federal National Mortgage Association 2.5%
1.30% Government National Mortgage Association 4%
1.26% Government National Mortgage Association 4%
1.24% Federal Home Loan Mortgage Corporation 3%
1.20% Federal National Mortgage Association 4%
1.18% Federal Home Loan Mortgage Corporation 3.5%
0.90% Federal Home Loan Mortgage Corporation 2.75%
0.90% Freddie Mac Seasoned Credit Risk Transfer Trust 3.5%
0.82% Government National Mortgage Association 4.5%
0.79% Government National Mortgage Association 4.5%
0.79% Federal National Mortgage Association 2.5%
0.76% Federal National Mortgage Association 4.08%
0.68% United States Treasury Notes 2.12%

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