American Funds Mortgage 529-F-3 (FMMFX)
| Fund Assets | 11.68B |
| Expense Ratio | 0.32% |
| Min. Investment | $250 |
| Turnover | 824.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 4.69% |
| Dividend Growth | 0.44% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 8.83 |
| YTD Return | 3.24% |
| 1-Year Return | 1.32% |
| 5-Year Return | n/a |
| 52-Week Low | 8.48 |
| 52-Week High | 9.11 |
| Beta (5Y) | n/a |
| Holdings | 1072 |
| Inception Date | Oct 30, 2020 |
About FMMFX
American Funds Mortgage Fund 529-F-3 is an open-end mutual fund specializing in fixed-income securities, with a primary focus on providing current income and preservation of capital. Its portfolio is predominantly composed of U.S. mortgage-backed obligations, which constitute approximately 88% of net assets, alongside smaller allocations to U.S. Treasury bonds and asset-backed obligations. The fund maintains a highly conservative profile with zero exposure to equities and non-U.S. securities, targeting investors seeking stability and reliable income streams within the mortgage sector. Notably, it carries an average duration of about 6.2 years, reflecting its sensitivity to interest rate changes, and offers regular monthly dividend distributions. The fund is managed by an experienced team and benchmarks its performance against indices such as the Bloomberg U.S. Mortgage Backed Securities Index. With assets exceeding $11 billion as of mid-2025, American Funds Mortgage Fund 529-F-3 holds significant presence in the intermediate government bond category, catering to investors who prioritize capital preservation and income over capital appreciation.
Performance
FMMFX had a total return of 1.32% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.76%.
Top 10 Holdings
28.36% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 8.98% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 7.11 | 3.46% |
| Federal National Mortgage Association 6% | FNCL.6 7.11 | 2.98% |
| Federal Home Loan Banks 0% | FHLBDN.0 07.02.13 | 2.45% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 8.11 | 2.08% |
| Federal Home Loan Mortgage Corp. 5% | FR.SD4977 | 1.85% |
| Federal National Mortgage Association 3.5% | FNCL.3.5 8.11 | 1.80% |
| Federal National Mortgage Association 5% | FN.MA5009 | 1.69% |
| Federal Home Loan Banks 0% | FHLBDN.0 08.27.13 | 1.61% |
| Federal Home Loan Mortgage Corp. 6.5% | FR.SD8508 | 1.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03525 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03438 | Jul 1, 2025 |
| May 30, 2025 | $0.03459 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0336 | May 1, 2025 |
| Mar 31, 2025 | $0.03398 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03351 | Mar 3, 2025 |