American Funds Mortgage R3
AMERICAN FUNDS MORTGAGE FUNDONE MARKET - STEUART TOWER SUITE 1800SAN FRANCISCO CA 94105
Map
Phone: 800-421-4225
| Category: | Intermediate-Term Bond | | Fund Family: | American Funds | | Net Assets: | 763.10M | | Year-to-Date Return: | -0.21% | | Yield: | 0.73% | | Morningstar Rating: | N/A | | Fund Inception Date: | Oct 31, 2010 |
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Wesley K.-S. Phoa
Lead Manager since Oct 31, 2010 | | | Wesley K.-S. Phoa a vice president of Capital Research and Management Company and a senior vice president of Capital International Research, Inc. and manages U.S. Fixed Income portfolios. He is also an investment analyst covering U.S. Government bonds, as well as having responsibilities for Fixed-Income quantitative research. Prior to joining Capital in 1999, he was with Capital Management Sciences in Los Angeles for three years, where he served as vice president and later as director of research. Before that he spent three years with Deutsche Bank in Australia as a quantitative analyst and three years as a mathematics lecturer and research fellow. Dr. Phoa received a PhD in pure mathematics from Trinity College at the University of Cambridge. He also holds a BSc (Honors) from the Australian National University and is based in Los Angeles. |
| Min Initial Investment: | 0 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| 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. It may also invest a portion of its assets in debt issued by federal agencies. |
| Last Dividend
(Apr 25, 2013)
:
| 0.00 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 19, 2013)
:
| 442.00% | | Average for Category: | 167.72% |
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| Expense | RMACX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 0.89% | 0.89% | | Prospectus Net Expense Ratio: | 0.89% | N/A | | Prospectus Gross Expense Ratio: | 0.89% | N/A | | Max 12b1 Fee: | 0.43% | N/A | | Max Front End Sales Load: | N/A | 4.08% | | Max Deferred Sales Load:
| N/A | 2.32% | | 3 Yr Expense Projection*: | 284 | 430 | | 5 Yr Expense Projection*: | 493 | 664 | | 10 Yr Expense Projection*: | 1,096 | 1,321 |
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0.06%