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MFAEX American Funds Mortgage F1

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Fund MFAEX American Funds Mortgage F1 GNMA iShares GNMA Bond  
100% 86%
Annual Fees
(0.71% Exp. Ratio)
(0.15% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.07% annual return
$14,926.42 $17,669.83
Est. savings over 30 yrs +$2,743.41
As of 9/30/16
1 YR RETURN 2.77%
3 YR 3.03%
5 YR 2.25%
10 YR --
1 YR RETURN 3.05%
3 YR 3.06%
5 YR --
10 YR --
The investment seeks to provide current income and preservation of capital. Normally at least 80% of the fund's assets will be 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 will invest 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.
The investment seeks to track the investment results of Barclays U.S. GNMA Bond Index. The fund generally will invest at least 90% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index includes fixed-rate mortgage pass-through securities issued by GNMA that have 30- or 15-year maturities. The index measures the performance of mortgage-backed pass-through securities issued by GNMA.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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