American Funds Mortgage Fund Class R-2 (RMABX)

The American Funds Mortgage Fund Class R-2 (RMABX) is a mutual fund that primarily invests in mortgage-backed securities issued or guaranteed by government agencies such as Fannie Mae and Freddie Mac. This fund aims to provide investors with a steady stream of income through the interest payments on these securities. It also seeks to maintain a stable net asset value (NAV) by investing in high-quality, low-risk securities. The R-2 class of this fund is designed for investors who are looking for a moderate level of risk and potential for long-term growth.