Frequently Asked Questions About MIAWX

What does MIAWX invest in?

American Funds Multi-Sector Income Fund operates as a closed ended mutual fund investment trust. Its Investment objective is to provide a high level of current income and capital appreciation. The company was founded on December 21, 2018 and is headquartered in Irvine, CA.

What is the expense ratio of MIAWX?

American Funds Multi-Sector Income Fund (MIAWX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

What is MIAWX's dividend yield?

MIAWX's trailing-twelve-month yield is 6.26%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of MIAWX?

Effective duration measures MIAWX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MIAWX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of MIAWX?

MIAWX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of MIAWX?

Yield to maturity (YTM) is the total return you'd earn from MIAWX if every bond in the portfolio is held to maturity at the current price. MIAWX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

MIAWX

American Funds Multi-Sector Income Fund

NASDAQ·Asset Management · Financial Services

$8.95$0.02−0.22%

Market closed·Oct 23 4:00 PM EDT

Price Chart

$8.95−$0.02 (−0.22%)today

−16.43%CAGR −3.53%

Select date range

FromTo

May 1, 2020Oct 23, 2021 → Oct 23, 2026· 5.0 yrsOct 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)$0.54

Distribution Yield (FWD)6.08%

Annual Distribution (TTM)$0.56

Distribution Yield (TTM)6.26%

Distribution Growth (5Y)+10.1%

FrequencyMonthly

Most Recent$0.05

Ex-Dividend DateSep 30

Payment DateOct 1

DiversificationDiversification Tab

Holdings1,000

Top 10 Weight5.1%

Top 25 Weight9.3%

Effective Holdings579

Sectors—

Largest HoldingCMQXX · 1.2%

Largest Sector—

Asset ClassFixed Income

StrategyThematic

Cost & RiskExpenses Tab

Expense Ratio0.74%

Cost per 10k Invested$74.00

AUM$22.07B

Avg Daily Volume—

Price$8.95

NAV$8.97

Premium / Discount−0.22%

52-Week Range$8.92 – $9.57

Beta0.80

Fund Overview

Cost Verdict

Is MIAWX's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Capital Group
Asset Class: Fixed Income
Strategy: Thematic
Inception: March 22, 2019
Fund Type: Mutual Fund
Domicile: US
Currency: USD
ISIN: US02631W4096
CUSIP: 02631W409
Website: www.capitalgroup.com/individual/investments/mutual-funds/details/MIAWX

Peers

Peers Tab

SCMIX

Columbia Seligman Technology and Information Fund Institutional 2 Class

Cap

$29.3B

SNXFX

Schwab 1000 Index Fund Investor Shares

Cap

$22.4B

COSIX

Columbia Fds Srs Tr I, Strategic Income Fd Cl A

Cap

$15.8B

Latest News

News Tab

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Frequently Asked Questions About MIAWX

What does MIAWX invest in?: American Funds Multi-Sector Income Fund operates as a closed ended mutual fund investment trust. Its Investment objective is to provide a high level of current income and capital appreciation. The company was founded on December 21, 2018 and is headquartered in Irvine, CA.
What is the expense ratio of MIAWX?: American Funds Multi-Sector Income Fund (MIAWX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
What is MIAWX's dividend yield?: MIAWX's trailing-twelve-month yield is 6.26%, calculated from the sum of dividends over the past year divided by the current price.
What is the duration of MIAWX?: Effective duration measures MIAWX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. MIAWX's current duration is published on the fund's factsheet on the issuer's website.
What is the credit quality of MIAWX?: MIAWX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
What is the yield to maturity of MIAWX?: Yield to maturity (YTM) is the total return you'd earn from MIAWX if every bond in the portfolio is held to maturity at the current price. MIAWX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.