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American Funds Mortgage Fund® Class R-6 (RMAGX)

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8.58 -0.04    -0.46%
00:00:00 - Delayed Data. Currency in USD
Type:  Fund
Market:  United States
Issuer:  American Funds
Asset Class:  Bond
  • Morningstar Rating:
  • Total Assets: 10.32B
American Funds Mortgage R6 8.58 -0.04 -0.46%

American Funds Mortgage Fund® Class R-6 Overview

 
On this page you'll find an in-depth profile of American Funds Mortgage Fund® Class R-6. Learn about the key management, total assets, investment strategy and contact information of RMAGX among other information.
Category

Intermediate Government

Total Assets

10.32B

Expenses

0.26%

Inception Date

40483

Investment Strategy

The investment seeks to provide current income and preservation of capital. Normally at least 80% of the fund's assets are 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 invests 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.

Contact Information

Address 333 South Hope Street
Los Angeles,CA 90071-1406
United States
Phone (800) 421-4225

Top Executives

Name Title Since Until
Oliver V. Edmonds Vice President 2019 Now
David J. Betanzos - 2013 Now
Biography 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.
Fergus N. MacDonald - 2010 Now
Biography Fergus N. MacDonald is a fixed income portfolio manager at Capital Group. He has 31 years of investment industry experience and has been with Capital Group for 20 years. 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.
Kevin Adams Director 2011 2013
Biography Kevin Adams is Director of Fixed Income and a member of the Fixed Income Investment Strategy Group (ISG) at Henderson. Kevin’s career in asset management began in 1983 when he was a trainee fund manager at Crown Life Assurance. In 1987, he joined NM Funds Management as Director of Fixed Interest and Foreign Exchange. In 1996, Kevin joined AMP Asset Management where he spent five years managing sovereign bond portfolios. He moved to Credit Suisse Asset Management as Director of Fixed Income in 2001 and then joined Henderson in 2003 to take on his current role. Kevin has a BSc (Hons) in Economics with Accountancy from Loughborough University and is an Associate Member of the Society of Investment Professional (ASIP).
Wesley K. Phoa Vice President 2010 2013
Biography Wesley K. Phoa is a solutions portfolio manager at Capital Group. His focus is on fund-of-funds and multi-asset solutions. Wesley serves on the Target Date Solutions Committee, the Portfolio Solutions Committee and the Custom Solutions Committee. He has 29 years of investment experience and has been with Capital Group for 24 years. Earlier in his career at Capital, Wesley served as a fixed income portfolio manager with a focus on rates-driven and long duration strategies. His areas of research responsibility included interest rates, monetary policy and financial economics.
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