American Funds Mortgage Fund - Class T (TFMFX)

The American Funds Mortgage Fund - Class T (TFMFX) 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 may also invest in other fixed-income securities, such as corporate bonds, to diversify its portfolio. Class T shares typically have lower expenses and are available to individual investors through financial advisors.