American Funds Mortgage F3 (AFFMX)

American Funds Mortgage Fund F-3 is a mutual fund designed to provide investors with current income and preservation of capital through a portfolio primarily composed of mortgage-related securities. The fund invests at least 80% of its assets in a diverse mix of mortgage-backed securities, including those issued or guaranteed by U.S. government agencies such as the Federal Home Loan Mortgage Corporation, Federal National Mortgage Association, and Government National Mortgage Association. These investments help the fund maintain a high credit quality and a moderate sensitivity to interest rates. Managed by a seasoned team employing a valuation-sensitive, conservative approach, the fund’s strategy is supported by in-depth analyst research and emphasizes agency mortgage-backed debt. With regular monthly dividends and a competitively low expense ratio, the fund appeals to investors seeking stable income. Its holdings structure, focused primarily on U.S. bonds and agency MBS, positions it as a key player within the intermediate government bond category, supporting overall fixed-income market liquidity while offering diversification to traditional bond portfolios.