American Mutual Fund Quote

RMDUX Fund  USD 9.02  0.02  0.22%   

Market Performance

6 of 100

Odds Of Distress

Less than 1

American Funds is trading at 9.02 as of the 24th of March 2023; that is -0.22 percent decrease since the beginning of the trading day. The fund's open price was 9.04. American Funds has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for American Funds Multi-Sector are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of January 2023 and ending today, the 24th of March 2023. Click here to learn more.
The investment seeks to provide a high level of current income and the secondary investment objective is capital appreciation. American Funds is traded on NASDAQ Exchange in the United States. More on American Funds Multi-Sector

Moving together with American Funds

+0.96PIMIXPIMCO INCOME FUNDPairCorr
+0.97PONRXPIMCO INCOME FUNDPairCorr
+0.92PONPXPimco Incme FundPairCorr
+0.96PIINXPIMCO INCOME FUNDPairCorr
+0.93PONCXPIMCO INCOME FUNDPairCorr
+0.96PIPNXPIMCO INCOME FUNDPairCorr
+0.97PONAXPIMCO INCOME FUNDPairCorr

American Funds Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. American Funds' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American Funds or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fama & French Classification
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of American Funds' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Startdate22nd of March 2019
American Funds Multi-Sector [RMDUX] is traded in USA and was established 24th of March 2023. The fund is listed under Multisector Bond category and is part of American Funds family. American Funds Multi at this time has accumulated 2.85 B in assets with no minimum investment requirements, while the total return for the last year was 6.65%.
Check American Funds Probability Of Bankruptcy

Instrument Allocation

American Funds Target Price Odds Analysis

Based on a normal probability distribution, the odds of American Funds jumping above the current price in 90 days from now is about 46.38%. The American Funds Multi-Sector probability density function shows the probability of American Funds mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon American Funds has a beta of 0.077 indicating as returns on the market go up, American Funds average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding American Funds Multi-Sector will be expected to be much smaller as well. Additionally, the company has an alpha of 0.0055, implying that it can generate a 0.005493 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 9.02HorizonTargetOdds Above 9.02
52.78%90 days
 9.02 
46.38%
Based on a normal probability distribution, the odds of American Funds to move above the current price in 90 days from now is about 46.38 (This American Funds Multi-Sector probability density function shows the probability of American Mutual Fund to fall within a particular range of prices over 90 days) .

American Funds Top Holders

American Funds Multi Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. American Funds market risk premium is the additional return an investor will receive from holding American Funds long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Funds. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although American Funds' alpha and beta are two of the key measurements used to evaluate American Funds' performance over the market, the standard measures of volatility play an important role as well.

American Funds Against Markets

Picking the right benchmark for American Funds mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American Funds mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American Funds is critical whether you are bullish or bearish towards American Funds Multi-Sector at a given time.