0000051931-18-001195.txt : 20181121 0000051931-18-001195.hdr.sgml : 20181121 20181121123552 ACCESSION NUMBER: 0000051931-18-001195 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20181121 DATE AS OF CHANGE: 20181121 EFFECTIVENESS DATE: 20181121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN FUNDS MORTGAGE FUND CENTRAL INDEX KEY: 0001496998 IRS NUMBER: 273101898 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 333-168595 FILM NUMBER: 181197702 BUSINESS ADDRESS: STREET 1: 6455 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 213-486-9501 MAIL ADDRESS: STREET 1: 333 S HOPE ST - 55TH FLOOR (GYR) CITY: LOS ANGELES STATE: CA ZIP: 90071 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN FUNDS MORTGAGE FUND CENTRAL INDEX KEY: 0001496998 IRS NUMBER: 273101898 FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-22449 FILM NUMBER: 181197701 BUSINESS ADDRESS: STREET 1: 6455 IRVINE CENTER DRIVE CITY: IRVINE STATE: CA ZIP: 92618 BUSINESS PHONE: 213-486-9501 MAIL ADDRESS: STREET 1: 333 S HOPE ST - 55TH FLOOR (GYR) CITY: LOS ANGELES STATE: CA ZIP: 90071 0001496998 S000030190 AMERICAN FUNDS MORTGAGE FUND C000092896 Class A MFAAX C000092897 Class 529-F-1 CMFFX C000092898 Class R-1 RMAAX C000092899 Class R-2 RMABX C000092900 Class R-3 RMACX C000092901 Class R-4 RMAEX C000092902 Class R-5 RMAFX C000092903 Class R-6 RMAGX C000092905 Class C MFACX C000092906 Class F-1 MFAEX C000092907 Class F-2 MFAFX C000092908 Class 529-A CMFAX C000092910 Class 529-C CMFCX C000092911 Class 529-E CMFEX C000148445 Class R-2E RMBEX C000164806 Class R-5E RMAHX C000180009 Class F-3 AFFMX C000189492 Class 529-T TMFMX C000189493 Class T TFMFX 485BPOS 1 afmf485bxbrl.htm

SEC. File Nos. 333-168595

811-22449

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM N-1A

 

Registration Statement

Under

the Securities Act of 1933

Post-Effective Amendment No. 22

 

and

Registration Statement

Under

the Investment Company Act of 1940

Amendment No. 24

 

AMERICAN FUNDS MORTGAGE FUND

(Exact Name of Registrant as specified in charter)

 

6455 Irvine Center Drive
Irvine, California 92618-4518

(Address of Principal Executive Offices)

 

Registrant's telephone number, including area code:

(213) 486-9200

 

Steven I. Koszalka, Secretary

American Funds Mortgage Fund

333 South Hope Street

Los Angeles, California 90071-1406

(Name and Address of Agent for Service)

 

Copies to:

Michael Glazer

Morgan, Lewis & Bockius LLP

300 South Grand Avenue, 22nd Floor

Los Angeles, California 90071-3132

(Counsel for the Registrant)

 

Approximate date of proposed public offering:

It is proposed that this filing become effective immediately pursuant to paragraph (b) of Rule 485.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Los Angeles, and State of California, on the 21st day of November, 2018.

 

AMERICAN FUNDS MORTGAGE FUND

 

By: /s/ Kristine M. Nishiyama

(Kristine M. Nishiyama, Executive Vice President)

 

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed below on November 21, 2018, by the following persons in the capacities indicated.

 

  Signature Title
(1) Principal Executive Officer:
  /s/ Kristine M. Nishiyama Executive Vice President
  (Kristine M. Nishiyama)
 
(2) Principal Financial Officer and Principal Accounting Officer:
  /s/ Brian C. Janssen Treasurer
  (Brian C. Janssen)
 
(3) Trustees:
  William H. Baribault* Trustee
  James G. Ellis* Trustee
  Nariman Farvardin* Trustee
  Leonard R. Fuller* Trustee
  Michael C. Gitlin* Trustee
  Mary Davis Holt* Trustee
  R. Clark Hooper* Chairman of the Board (Independent and Non-Executive)
  Merit E. Janow* Trustee
  Laurel B. Mitchell* Trustee
  Frank M. Sanchez* Trustee
  John H. Smet* Trustee
  Margaret Spellings* Trustee
  Alexandra Trower* Trustee
  *By: /s/ Steven I. Koszalka  
  (Steven I. Koszalka, pursuant to a power of attorney filed herewith)

 

Counsel represents that this amendment does not contain disclosures that would make the amendment ineligible for effectiveness under the provisions of Rule 485(b).

 

/s/ Jae Won Chung

(Jae Won Chung, Counsel)

 

 
 

POWER OF ATTORNEY

 

I, William H. Baribault, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Balanced Fund (File No. 002-10758, File No. 811-00066)
-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Developing World Growth and Income Fund (File No. 333-190913, File No. 811-22881)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-The Income Fund of America (File No. 002-33371, File No. 811-01880)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-International Growth and Income Fund (File No. 333-152323, File No. 811-22215)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ William H. Baribault

William H. Baribault, Board member

 
 

POWER OF ATTORNEY

 

I, James G. Ellis, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-AMCAP Fund (File No. 002-26516, File No. 811-01435)
-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-American Mutual Fund (File No. 002-10607, File No. 811-00572)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-The Investment Company of America (File No. 002-10811, File No. 811-00116)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ James G. Ellis

James G. Ellis, Board member

 
 

POWER OF ATTORNEY

 

I, Nariman Farvardin, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)
-Washington Mutual Investors Fund (File No. 002-11051, File No. 811-00604)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Nariman Farvardin

Nariman Farvardin, Board member

 
 

POWER OF ATTORNEY

 

I, Leonard R. Fuller, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-AMCAP Fund (File No. 002-26516, File No. 811-01435)
-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-American Funds Global Balanced Fund (File No. 333-170605, File No. 811-22496)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-American Mutual Fund (File No. 002-10607, File No. 811-00572)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-The Investment Company of America (File No. 002-10811, File No. 811-00116)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Leonard R. Fuller

Leonard R. Fuller, Board member

 
 

POWER OF ATTORNEY

 

I, Michael C. Gitlin, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Michael C. Gitlin

Michael C. Gitlin, Board member

 
 

POWER OF ATTORNEY

 

I, Mary Davis Holt, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)
-Washington Mutual Investors Fund (File No. 002-11051, File No. 811-00604)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Mary Davis Holt

Mary Davis Holt, Board member

 
 

POWER OF ATTORNEY

 

I, R. Clark Hooper, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital Income Builder (File No. 033-12967, File No. 811-05085)
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Capital World Growth and Income Fund (File No. 033-54444, File No. 811-07338)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-The New Economy Fund (File No. 002-83848, File No. 811-03735)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)
-Washington Mutual Investors Fund (File No. 002-11051, File No. 811-00604)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ R. Clark Hooper

R. Clark Hooper, Board member

 
 

POWER OF ATTORNEY

 

I, Merit E. Janow, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital Income Builder (File No. 033-12967, File No. 811-05085)
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Capital World Growth and Income Fund (File No. 033-54444, File No. 811-07338)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-The New Economy Fund (File No. 002-83848, File No. 811-03735)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Merit E. Janow

Merit E. Janow, Board member

 
 

POWER OF ATTORNEY

 

I, Laurel B. Mitchell, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Laurel B. Mitchell

Laurel B. Mitchell, Board member

 
 

POWER OF ATTORNEY

 

I, Frank M. Sanchez, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Frank M. Sanchez

Frank M. Sanchez, Board member

 
 

POWER OF ATTORNEY

 

I, John H. Smet, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 10th day of September, 2018.

(City, State)

 

 

/s/ John H. Smet

John H. Smet, Board member

 

 
 

POWER OF ATTORNEY

 

I, Margaret Spellings, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Balanced Fund (File No. 002-10758, File No. 811-00066)
-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Developing World Growth and Income Fund (File No. 333-190913, File No. 811-22881)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Short-Term Tax-Exempt Bond Fund (File No. 033-26431, File No. 811-05750)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-The American Funds Tax-Exempt Series II – The Tax-Exempt Fund of California (File No. 033-06180, File No. 811-04694)
-American Funds U.S. Government Money Market Fund (File No. 333-157162, File No. 811-22277)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-American High-Income Trust (File No. 033-17917, File No. 811-05364)
-The Bond Fund of America (File No. 002-50700, File No. 811-02444)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Capital World Bond Fund (File No. 033-12447, File No. 811-05104)
-The Income Fund of America (File No. 002-33371, File No. 811-01880)
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)
-International Growth and Income Fund (File No. 333-152323, File No. 811-22215)
-Limited Term Tax-Exempt Bond Fund of America (File No. 033-66214, File No. 811-07888)
-Short-Term Bond Fund of America (File No. 333-135770, File No. 811-21928)
-The Tax-Exempt Bond Fund of America (File No. 002-49291, File No. 811-02421)
-Washington Mutual Investors Fund (File No. 002-11051, File No. 811-00604)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

/s/ Margaret Spellings

Margaret Spellings, Board member

 
 

POWER OF ATTORNEY

 

I, Alexandra Trower, the undersigned Board member of the following registered investment companies (collectively, the “Funds”):

 

-American Funds College Target Date Series (File No. 333-180729, File No. 811-22692)
-American Funds Corporate Bond Fund (File No. 333-183929, File No. 811-22744)
-American Funds Emerging Markets Bond Fund (File No. 333-208636; File No. 811-23122)
-The American Funds Income Series – U.S. Government Securities Fund (File No. 002-98199, File No. 811-04318)
-American Funds Inflation Linked Bond Fund (File No. 333-183931, File No. 811-22746)
-American Funds Insurance Series (File No. 002-86838, File No. 811-03857)
-American Funds Insurance Series
-American Funds Mortgage Fund (File No. 333-168595, File No. 811-22449)
-American Funds Portfolio Series (File No. 333-178936, File No. 811-22656)
-American Funds Retirement Income Portfolio Series (File No. 333-203797, File No. 811-23053)
-American Funds Strategic Bond Fund (File No. 333-207474, File No. 811-23101)
-American Funds Target Date Retirement Series (File No. 333-138648, File No. 811-21981)
-American Funds Tax-Exempt Fund of New York (File No. 333-168594, File No. 811-22448)
-American High-Income Municipal Bond Fund (File No. 033-80630, File No. 811-08576)
-Capital Group Central Fund Series – Capital Group Central Cash Fund
-Intermediate Bond Fund of America (File No. 033-19514, File No. 811-05446)

 

hereby revoke all previous powers of attorney I have signed and otherwise act in my name and behalf in matters involving the Funds and do hereby constitute and appoint

 

Jennifer L. Butler

Steven I. Koszalka

Michael W. Stockton

Courtney R. Taylor

Timothy W. McHale

Jane Y. Chung

Susan K. Countess

Julie E. Lawton

Laurie D. Neat

Brian D. Bullard

Brian C. Janssen

Dori Laskin

Hong Le

Gregory F. Niland

 

each of them singularly, my true and lawful attorneys-in-fact, with full power of substitution, and with full power to each of them, to sign for me and in my name in the appropriate capacities, all Registration Statements of the Funds on Form N-1A, any and all subsequent Amendments, or Post-Effective Amendments to said Registration Statement on Form N-1A or any successor thereto, and any supplements or other instruments in connection therewith, and generally to do all such things in my name and behalf in connection therewith as said attorneys-in-fact deem necessary or appropriate, to comply with the provisions of the Securities Act of 1933 and the Investment Company Act of 1940 as amended, and all related requirements of the U. S. Securities and Exchange Commission. I hereby ratify and confirm all that said attorneys-in-fact or their substitutes may do or cause to be done by virtue hereof.

 

EXECUTED at Los Angeles, CA, this 5th day of March, 2018.

(City, State)

 

 

/s/ Alexandra Trower

Alexandra Trower, Board member

 

 

Exhibit Index

 

Exhibit No. Description
   
EX-101.INS XBRL Instance Document
EX-101.SCH XBRL Taxonomy Extension Schema Document
EX-101.CAL XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE XBRL Taxonomy Extension Presentation Linkbase

 

EX-101.INS 3 ck0001496998-20181031.xml XBRL INSTANCE FILE 0001496998 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092896Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092897Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092898Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092899Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092900Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092901Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092902Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092903Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092905Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092906Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092907Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092908Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092910Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000092911Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000148445Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000164806Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000180009Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000189492Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:C000189493Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member rr:AfterTaxesOnDistributionsMember ck0001496998:C000092896Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member rr:AfterTaxesOnDistributionsAndSalesMember ck0001496998:C000092896Member 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:index_Bloomberg_Barclays_US_Mortgage_Backed_Securities_Index_reflects_no_deductions_for_sales_charges_account_fees_expenses_or_US_federal_income_taxesMember 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:index_Lipper_Intermediate_US_Government_Funds_Average_reflects_no_deductions_for_sales_charges_account_fees_or_US_federal_income_taxesMember 2018-08-31 2018-08-31 0001496998 ck0001496998:S000030190Member ck0001496998:index_Lipper_GNMA_Funds_Average_reflects_no_deductions_for_sales_charges_account_fees_or_US_federal_income_taxesMember 2018-08-31 2018-08-31 xbrli:pure iso4217:USD A contingent deferred sales charge of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold. The investment adviser is currently reimbursing a portion of the other expenses. This reimbursement will be in effect through at least November 1, 2019. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. AMERICAN FUNDS MORTGAGE FUND 485BPOS false 0001496998 2018-08-31 2018-10-31 2018-11-01 2018-11-01 AMERICAN FUNDS MORTGAGE FUND&#174; MFAAX CMFFX RMAAX RMABX RMACX RMAEX RMAFX RMAGX MFACX MFAEX MFAFX CMFAX CMFCX CMFEX RMBEX RMAHX AFFMX TMFMX TFMFX Fees and expenses of the fund <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. In addition to the fees and expenses described below, you may also be required to pay brokerage commissions on purchases and sales of Class F-2 or F-3 shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in American Funds. More information about these and other discounts is available from your financial professional, in the &#8220;Sales charge reductions and waivers&#8221; sections on page 35 of the prospectus and on page&#160;73 of the fund&#8217;s statement of additional information, and in the sales charge waiver appendix to this prospectus.</font> </p> 0.0375 0.0375 0.0000 0.0000 0.0000 0.0250 0.0250 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0100 0.0100 0.0100 0.0100 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0023 0.0025 0.0100 0.0025 0.0025 0.0000 0.0000 0.0023 0.0100 0.0049 0.0025 0.0000 0.0100 0.0075 0.0059 0.0050 0.0025 0.0000 0.0000 0.0000 0.0019 0.0024 0.0022 0.0021 0.0017 0.0007 0.0028 0.0029 0.0024 0.0028 0.0028 0.0024 0.0043 0.0039 0.0029 0.0017 0.0024 0.0013 0.0006 0.0067 0.0147 0.0070 0.0069 0.0040 0.0030 0.0074 0.0152 0.0096 0.0076 0.0051 0.0147 0.0141 0.0121 0.0102 0.0065 0.0047 0.0036 0.0029 -0.0009 -0.0003 0.0152 0.0096 0.0076 0.0051 0.0147 0.0141 0.0112 0.0102 0.0065 0.0044 0.0036 0.0029 ~ http://americanfunds.com/20181031/role/ScheduleShareholderFees20001 column dei_LegalEntityAxis compact ck0001496998_S000030190Member row primary compact * ~ ~ http://americanfunds.com/20181031/role/ScheduleAnnualFundOperatingExpenses20002 column dei_LegalEntityAxis compact ck0001496998_S000030190Member row primary compact * ~ Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 100000 You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in American Funds. 2019-11-01 Shareholder Fees (fees paid directly from your investment) A contingent deferred sales charge of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold. A contingent deferred sales charge of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold. Portfolio turnover <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund&#8217;s investment results. During the most recent fiscal year, the fund&#8217;s portfolio turnover rate was 1009% of the average value of its portfolio.</font> </p> 10.09 Example <p style="font-size: 10pt; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds.</font></p> <br/><p style="font-size: 10pt; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the fund&#8217;s operating expenses remain the same. The example reflects the expense reimbursement described above through the expiration date of such reimbursement and total annual fund operating expenses thereafter. You may be required to pay brokerage commissions on your purchases and sales of Class F-2 or F-3 shares of the fund, which are not reflected in the example.</font></p> 441 250 320 70 41 31 448 255 98 326 52 150 144 114 104 66 45 37 30 150 155 581 465 468 221 128 97 603 480 306 487 164 465 446 375 325 208 148 116 93 465 480 734 803 630 384 224 169 771 829 531 662 285 803 771 656 563 362 261 202 163 803 829 1178 1757 1099 859 505 381 1259 1813 1178 1169 640 1757 1691 1458 1248 810 589 456 368 1757 1813 ~ http://americanfunds.com/20181031/role/ScheduleExpenseExample20003 column dei_LegalEntityAxis compact ck0001496998_S000030190Member row primary compact * ~ ~ http://americanfunds.com/20181031/role/ScheduleExpenseExampleNoRedemption20004 column dei_LegalEntityAxis compact ck0001496998_S000030190Member row primary compact * ~ Although your actual costs may be higher or lower, based on these assumptions your costs would be: For the share classes listed to the right, you would pay the following if you did not redeem your shares: Investment results <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">The following bar chart shows how the fund&#8217;s investment results have varied from year to year, and the following table shows how the fund&#8217;s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results. This information provides some indication of the risks of investing in the fund. The Lipper Intermediate U.S. Government Funds Average includes mutual funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. The Lipper GNMA Funds Average includes funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund&#8217;s investment results can be obtained by visiting americanfunds.com.</font></p> Calendar year total returns for Class A shares (Results do not include a sales charge; if a sales charge were included, results would be lower.) 0.0669 0.0269 -0.0203 0.0514 0.0184 0.0194 0.0123 ~ http://americanfunds.com/20181031/role/ScheduleAnnualTotalReturnsBarChart20005 column dei_LegalEntityAxis compact ck0001496998_S000030190Member column rr_ProspectusShareClassAxis compact ck0001496998_C000092896Member row primary compact * ~ <p>The following bar chart shows how the fund&#x2019;s investment results have varied from year to year, and the following table shows how the fund&#x2019;s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results.</p> Highest 0.0323 2011-09-30 Lowest -0.0200 2013-06-30 The fund's total return for the nine months ended -0.0153 2018-09-30 <p>Highest/Lowest quarterly results during this period were:</p> <p>&#xa0;</p> <p><strong>Highest</strong> 3.23% (quarter ended September 30, 2011)</p> <p>&#xa0;</p> <p><br /><strong>Lowest</strong> -2.00% (quarter ended June 30, 2013)</p> <p>&#xa0;</p> <p>The fund's total return for the nine months ended September 30, 2018, was -1.53%.</p> -0.0255 0.0082 0.0161 A Before taxes -0.0316 0.0004 0.0079 A After taxes on distributions -0.0142 0.0028 0.0091 A After taxes on distributions and sale of fund shares -0.0056 0.0076 0.0133 C Before taxes 0.0121 0.0158 0.0213 F-1 Before taxes 0.0149 0.0185 0.0239 F-2 Before taxes -0.0261 0.0071 0.0151 529-A Before taxes -0.0061 0.0069 0.0127 529-C Before taxes 0.0104 0.0126 0.0180 529-E Before taxes 0.0139 0.0173 0.0227 529-F-1 Before taxes 0.0043 0.0124 0.0170 R-1 Before taxes 0.0050 0.0080 0.0142 R-2 Before taxes 0.0081 0.0165 R-2E Before taxes 0.0090 0.0131 0.0187 R-3 Before taxes 0.0123 0.0164 0.0218 R-4 Before taxes 0.0172 0.0175 R-5E Before taxes 0.0154 0.0190 0.0243 R-5 Before taxes 0.0162 0.0196 0.0249 R-6 Before taxes 0.0247 0.0204 0.0253 Bloomberg Barclays U.S. Mortgage Backed Securities Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) 0.0139 0.0093 0.0161 Lipper Intermediate U.S. Government Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes) 0.0105 0.0103 0.0188 Lipper GNMA Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes) 2015-11-20 2010-11-01 2010-11-01 2014-08-29 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 2010-11-01 ~ http://americanfunds.com/20181031/role/ScheduleAverageAnnualReturnsTransposed20006 column dei_LegalEntityAxis compact ck0001496998_S000030190Member column rr_PerformanceMeasureAxis compact * row primary compact * ~ <p style="font-size: 10pt; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary. After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-favored arrangement, such as a 401(k) plan, individual retirement account (IRA) or 529 college savings plan.</font></p> After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Average Annual Total Returns for the periods ended December 31, 2017 (800) 325-3590 The following bar chart shows how the fund&#8217;s investment results have varied from year to year, and the following table shows how the fund&#8217;s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results. Class A annualized 30-day yield at August 31, 2018: After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary. Past investment results (before and after taxes) are not predictive of future investment results. The Lipper Intermediate U.S. Government Funds Average includes mutual funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. The Lipper GNMA Funds Average includes funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. 0.0190 Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-favored arrangement, such as a 401(k) plan, individual retirement account (IRA) or 529 college savings plan. americanfunds.com (Results do not include a sales charge; if a sales charge were included, results would be lower.) Principal investment strategies <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">Normally at least 80% of the fund&#8217;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 nongovernment mortgage-related securities that are rated in the Aaa or AAA rating category (by Nationally Recognized Statistical Rating Organizations designated by the fund&#8217;s investment adviser) or unrated but determined to be of equivalent quality by the fund&#8217;s investment adviser. The fund may also invest in debt issued by federal agencies. In the case of to be announced contracts, each contract for future delivery is normally of short duration.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">The fund may also invest in certain derivative instruments, such as futures contracts and swaps. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index. The fund may invest in a derivative only if, in the opinion of the investment adviser, the expected risks and rewards of the proposed investment are consistent with the investment objective and strategies of the fund as disclosed in this prospectus and in the fund&#8217;s statement of additional information.</font></p> <br/><p style="font-size: 10pt; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">The investment adviser uses a system of multiple portfolio managers in managing the fund&#8217;s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers who decide how their respective segments will be invested.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">The fund relies on the professional judgment of its investment adviser to make decisions about the fund&#8217;s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. The investment adviser believes that an important way to accomplish this is by analyzing various factors, which may include the credit strength of the issuer, prices of similar securities issued by comparable issuers, anticipated changes in interest rates, general market conditions and other factors pertinent to the particular security being evaluated. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.</font></p> Principal risks <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif"><b>This section describes the principal risks associated with the fund&#8217;s principal investment strategies. You may lose money by investing in the fund. The likelihood of loss may be greater if you invest for a shorter period of time. </b></font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-weight: normal"><i>Investing in mortgage-related and other asset-backed securities</i></font> <font style="font-family: Arial, Helvetica, Sans-Serif">&#8212; Mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, include debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from or more acute than the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund&#8217;s income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund&#8217;s cash available for reinvestment in higher yielding securities.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-weight: normal"><i>Market conditions</i></font> <font style="font-family: Arial, Helvetica, Sans-Serif">&#8212; The prices of, and the income generated by, the securities held by the fund may decline &#8211; sometimes rapidly or unpredictably &#8211; due to various factors, including events or conditions affecting the general economy or particular industries; overall market changes; local, regional or global political, social or economic instability; governmental or governmental agency responses to economic conditions; and currency exchange rate, interest rate and commodity price fluctuations.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-weight: normal"><i>Issuer risks</i></font> <font style="font-family: Arial, Helvetica, Sans-Serif">&#8212; The prices of, and the income generated by, securities held by the fund may decline in response to various factors directly related to the issuers of such securities, including reduced demand for an issuer&#8217;s goods or services, poor management performance and strategic initiatives such as mergers, acquisitions or dispositions and the market response to any such initiatives.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-weight: normal"><i>Investing in debt instruments</i></font> <font style="font-family: Arial, Helvetica, Sans-Serif">&#8212; The prices of, and the income generated by, bonds and other debt securities held by the fund may be affected by changing interest rates and by changes in the effective maturities and credit ratings of these securities.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in the fund having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greater sensitivity to changes in interest rates and may be subject to greater price fluctuations than shorter maturity debt securities.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">Bonds and other debt securities are also subject to credit risk, which is the possibility that the credit strength of an issuer will weaken and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Lower quality debt securities generally have higher rates of interest and may be subject to greater price fluctuations than higher quality debt securities. Credit risk is gauged, in part, by the credit ratings of the debt securities in which the fund invests. However, ratings are only the opinions of the rating agencies issuing them and are not guarantees as to credit quality or an evaluation of market risk. The fund&#8217;s investment adviser relies on its own credit analysts to research issuers and issues in seeking to mitigate various credit and default risks.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"> <font style="font-family: Arial, Helvetica, Sans-Serif"><font style="font-weight: normal"><i>Liquidity risk</i></font> &#8212; Certain fund holdings may be deemed to be less liquid or illiquid because they cannot be readily sold or converted to cash without significantly impacting the value of the holdings. Liquidity risk may result from the lack of an active market for a holding, legal or contractual restrictions on resale, or the reduced number and capacity of market participants to make a market in such holding. Market prices for less liquid or illiquid holdings may be volatile, and reduced liquidity may have an adverse impact on the market price of such holdings. Additionally, the sale of less liquid or illiquid holdings may involve substantial delays (including delays in settlement) and additional costs and the fund may be unable to sell such holdings when necessary to meet its liquidity needs.</font> </p> <br/><p style="font-size: 10pt; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-weight: normal"><i>Investing in securities backed by the U.S. government</i></font> <font style="font-family: Arial, Helvetica, Sans-Serif">&#8212; Securities backed by the U.S. Treasury or the full faith and credit of the U.S. government are guaranteed only as to the timely payment of interest and principal when held to maturity. Accordingly, the current market values for these securities will fluctuate with changes in interest rates. Securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government are neither issued nor guaranteed by the U.S. government.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-weight: normal"><i>Investing in future delivery contracts</i></font> <font style="font-family: Arial, Helvetica, Sans-Serif">&#8212; The fund may enter into contracts, such as to-be-announced contracts and mortgage dollar rolls, that involve the fund selling mortgage-related securities and simultaneously contracting to repurchase similar securities for delivery at a future date at a predetermined price. This can increase the fund&#8217;s market exposure, and the market price of the securities that the fund contracts to repurchase could drop below their purchase price. While the fund can preserve and generate capital through the use of such contracts by, for example, realizing the difference between the sale price and the future purchase price, the income generated by the fund may be reduced by engaging in such transactions. In addition, these transactions may increase the turnover rate of the fund.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"> <font style="font-family: Arial, Helvetica, Sans-Serif"><font style="font-weight: normal"><i>Investing in inflation-linked bonds</i></font> &#8212; The values of inflation-linked bonds generally fluctuate in response to changes in real interest rates &#8212; i.e., rates of interest after factoring in inflation. A rise in real interest rates may cause the prices of inflation-linked securities to fall, while a decline in real interest rates may cause the prices to increase. Inflation-linked bonds may experience greater losses than other debt securities with similar durations when real interest rates rise faster than nominal interest rates. There can be no assurance that the value of an inflation-linked security will be directly correlated to changes in interest rates; for example, if interest rates rise for reasons other than inflation, the increase may not be reflected in the security&#8217;s inflation measure.</font> </p> <br/><p style="font-size: 10pt; text-align: left"> <font style="font-family: Arial, Helvetica, Sans-Serif">Investing in inflation-linked bonds may also reduce the fund&#8217;s distributable income during periods of deflation. If prices for goods and services decline throughout the economy, the principal and income on inflation-linked securities may decline and result in losses to the fund. </font> </p> <br/><p style="font-size: 10pt; text-align: left"> <font style="font-family: Arial, Helvetica, Sans-Serif"><font style="font-weight: normal"><i>Investing in derivatives</i></font> &#8212; The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional cash securities, such as stocks and bonds. Changes in the value of a derivative may not correlate perfectly with, and may be more sensitive to market events than, the underlying asset, rate or index, and a derivative instrument may expose the fund to losses in excess of its initial investment. Derivatives may be difficult for the fund to buy or sell at an opportune time or price and may be difficult to terminate or otherwise offset. The fund&#8217;s </font> <font style="font-family: Arial, Helvetica, Sans-Serif">use of derivatives may result in losses to the fund, and investing in derivatives may reduce the fund&#8217;s returns and increase the fund&#8217;s price volatility. The fund&#8217;s counterparty to a derivative transaction (including, if applicable, the fund&#8217;s clearing broker, the derivatives exchange or the clearinghouse) may be unable or unwilling to honor its financial obligations in respect of the transaction.</font> </p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif; font-weight: normal"><i>Management </i></font><font style="font-family: Arial, Helvetica, Sans-Serif">&#8212; The investment adviser to the fund actively manages the fund&#8217;s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the investment adviser in this process may not produce the desired results. This could cause the fund to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives.</font></p> <br/><p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">It is important to note that neither your investment in the fund nor the fund&#8217;s yield is guaranteed by the U.S. government. Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. You should consider how this fund fits into your overall investment program.</font></p> Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. You may lose money by investing in the fund. Investment objective <p style="font: 10pt Arial, Helvetica, Sans-Serif; text-align: left"><font style="font-family: Arial, Helvetica, Sans-Serif">The fund&#8217;s investment objective is to provide current income and preservation of capital.</font></p> EX-101.SCH 4 ck0001496998-20181031.xsd XBRL SCHEMA FILE 000001 - Document - Document and Entity Information link:presentationLink link:definitionLink link:calculationLink 020000 - Document - Risk/Return Summary {Unlabeled} - AMERICAN FUNDS MORTGAGE FUND® link:presentationLink link:definitionLink link:calculationLink 020001 - Schedule - Shareholder Fees link:presentationLink link:definitionLink link:calculationLink 020002 - Schedule - Annual Fund Operating Expenses link:presentationLink link:definitionLink link:calculationLink 020003 - Schedule - Expense Example link:presentationLink link:definitionLink link:calculationLink 020004 - Schedule - Expense Example No Redemption link:presentationLink link:definitionLink link:calculationLink 020005 - Schedule - Annual Total Returns [Bar Chart] link:presentationLink link:definitionLink link:calculationLink 020006 - Schedule - Average Annual Returns {Transposed} link:presentationLink link:definitionLink link:calculationLink 020007 - Disclosure - Risk/Return Detail Data {Elements} - AMERICAN FUNDS MORTGAGE FUND® link:presentationLink link:definitionLink link:calculationLink EX-101.CAL 5 ck0001496998-20181031_cal.xml XBRL CALCULATION FILE EX-101.DEF 6 ck0001496998-20181031_def.xml XBRL DEFINITION FILE EX-101.LAB 7 ck0001496998-20181031_lab.xml XBRL LABEL FILE EX-101.PRE 8 ck0001496998-20181031_pre.xml XBRL PRESENTATION FILE XML 9 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
Document and Entity Information
Total
Prospectus:  
Document Type 485BPOS
Document Period End Date Aug. 31, 2018
Registrant Name AMERICAN FUNDS MORTGAGE FUND
Central Index Key 0001496998
Amendment Flag false
Document Creation Date Oct. 31, 2018
Document Effective Date Nov. 01, 2018
Prospectus Date Nov. 01, 2018
AMERICAN FUNDS MORTGAGE FUND® | Class A  
Prospectus:  
Trading Symbol MFAAX
AMERICAN FUNDS MORTGAGE FUND® | Class 529-F-1  
Prospectus:  
Trading Symbol CMFFX
AMERICAN FUNDS MORTGAGE FUND® | Class R-1  
Prospectus:  
Trading Symbol RMAAX
AMERICAN FUNDS MORTGAGE FUND® | Class R-2  
Prospectus:  
Trading Symbol RMABX
AMERICAN FUNDS MORTGAGE FUND® | Class R-3  
Prospectus:  
Trading Symbol RMACX
AMERICAN FUNDS MORTGAGE FUND® | Class R-4  
Prospectus:  
Trading Symbol RMAEX
AMERICAN FUNDS MORTGAGE FUND® | Class R-5  
Prospectus:  
Trading Symbol RMAFX
AMERICAN FUNDS MORTGAGE FUND® | Class R-6  
Prospectus:  
Trading Symbol RMAGX
AMERICAN FUNDS MORTGAGE FUND® | Class C  
Prospectus:  
Trading Symbol MFACX
AMERICAN FUNDS MORTGAGE FUND® | Class F-1  
Prospectus:  
Trading Symbol MFAEX
AMERICAN FUNDS MORTGAGE FUND® | Class F-2  
Prospectus:  
Trading Symbol MFAFX
AMERICAN FUNDS MORTGAGE FUND® | Class 529-A  
Prospectus:  
Trading Symbol CMFAX
AMERICAN FUNDS MORTGAGE FUND® | Class 529-C  
Prospectus:  
Trading Symbol CMFCX
AMERICAN FUNDS MORTGAGE FUND® | Class 529-E  
Prospectus:  
Trading Symbol CMFEX
AMERICAN FUNDS MORTGAGE FUND® | Class R-2E  
Prospectus:  
Trading Symbol RMBEX
AMERICAN FUNDS MORTGAGE FUND® | Class R-5E  
Prospectus:  
Trading Symbol RMAHX
AMERICAN FUNDS MORTGAGE FUND® | Class F-3  
Prospectus:  
Trading Symbol AFFMX
AMERICAN FUNDS MORTGAGE FUND® | Class 529-T  
Prospectus:  
Trading Symbol TMFMX
AMERICAN FUNDS MORTGAGE FUND® | Class T  
Prospectus:  
Trading Symbol TFMFX
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AMERICAN FUNDS MORTGAGE FUND®
AMERICAN FUNDS MORTGAGE FUND®
Investment objective

The fund’s investment objective is to provide current income and preservation of capital.

Fees and expenses of the fund

This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. In addition to the fees and expenses described below, you may also be required to pay brokerage commissions on purchases and sales of Class F-2 or F-3 shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in American Funds. More information about these and other discounts is available from your financial professional, in the “Sales charge reductions and waivers” sections on page 35 of the prospectus and on page 73 of the fund’s statement of additional information, and in the sales charge waiver appendix to this prospectus.

Shareholder Fees (fees paid directly from your investment)
Shareholder Fees - AMERICAN FUNDS MORTGAGE FUND®
Class A
Class 529-A
Class C
Class 529-C
Class 529-E
Class 529-T
Class T
Class 529-F-1
Class F-1
Class F-2
Class F-3
Class R-1
Class R-2
Class R-3
Class R-4
Class R-5
Class R-6
Class R-2E
Class R-5E
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 3.75% 3.75% none none none 2.50% 2.50% none none none none none none none none none none none none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) 1.00% [1] 1.00% [1] 1.00% 1.00% none none none none none none none none none none none none none none none
Maximum sales charge (load) imposed on reinvested dividends none none none none none none none none none none none none none none none none none none none
Redemption or exchange fees none none none none none none none none none none none none none none none none none none none
[1] A contingent deferred sales charge of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses - AMERICAN FUNDS MORTGAGE FUND®
Class A
Class C
Class T
Class F-1
Class F-2
Class F-3
Class 529-A
Class 529-C
Class 529-E
Class 529-T
Class 529-F-1
Class R-1
Class R-2
Class R-2E
Class R-3
Class R-4
Class R-5E
Class R-5
Class R-6
Management fees 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23%
Distribution and/or service (12b-1) fees 0.25% 1.00% 0.25% 0.25% none none 0.23% 1.00% 0.49% 0.25% none 1.00% 0.75% 0.59% 0.50% 0.25% none none none
Other expenses 0.19% 0.24% 0.22% 0.21% 0.17% 0.07% 0.28% 0.29% 0.24% 0.28% 0.28% 0.24% 0.43% 0.39% 0.29% 0.17% 0.24% 0.13% 0.06%
Total annual fund operating expenses 0.67% 1.47% 0.70% 0.69% 0.40% 0.30% 0.74% 1.52% 0.96% 0.76% 0.51% 1.47% 1.41% 1.21% 1.02% 0.65% 0.47% 0.36% 0.29%
Expense reimbursement [1]                           0.09%     0.03%    
Total annual fund operating expenses after expense reimbursement               1.52% 0.96% 0.76% 0.51% 1.47% 1.41% 1.12% 1.02% 0.65% 0.44% 0.36% 0.29%
[1] The investment adviser is currently reimbursing a portion of the other expenses. This reimbursement will be in effect through at least November 1, 2019. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time.
Example

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds.


The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. The example reflects the expense reimbursement described above through the expiration date of such reimbursement and total annual fund operating expenses thereafter. You may be required to pay brokerage commissions on your purchases and sales of Class F-2 or F-3 shares of the fund, which are not reflected in the example.

Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example - AMERICAN FUNDS MORTGAGE FUND® - USD ($)
Class A
Class C
Class T
Class F-1
Class F-2
Class F-3
Class 529-A
Class 529-C
Class 529-E
Class 529-T
Class 529-F-1
Class R-1
Class R-2
Class R-2E
Class R-3
Class R-4
Class R-5E
Class R-5
Class R-6
1 year $ 441 $ 250 $ 320 $ 70 $ 41 $ 31 $ 448 $ 255 $ 98 $ 326 $ 52 $ 150 $ 144 $ 114 $ 104 $ 66 $ 45 $ 37 $ 30
3 years 581 465 468 221 128 97 603 480 306 487 164 465 446 375 325 208 148 116 93
5 years 734 803 630 384 224 169 771 829 531 662 285 803 771 656 563 362 261 202 163
10 years $ 1,178 $ 1,757 $ 1,099 $ 859 $ 505 $ 381 $ 1,259 $ 1,813 $ 1,178 $ 1,169 $ 640 $ 1,757 $ 1,691 $ 1,458 $ 1,248 $ 810 $ 589 $ 456 $ 368
For the share classes listed to the right, you would pay the following if you did not redeem your shares:
Expense Example No Redemption - AMERICAN FUNDS MORTGAGE FUND® - USD ($)
Class C
Class 529-C
1 year $ 150 $ 155
3 years 465 480
5 years 803 829
10 years $ 1,757 $ 1,813
Portfolio turnover

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s investment results. During the most recent fiscal year, the fund’s portfolio turnover rate was 1009% of the average value of its portfolio.

Principal investment strategies

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 nongovernment mortgage-related securities that are rated in the Aaa or AAA rating category (by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser) or unrated but determined to be of equivalent quality by the fund’s investment adviser. The fund may also invest in debt issued by federal agencies. In the case of to be announced contracts, each contract for future delivery is normally of short duration.


The fund may also invest in certain derivative instruments, such as futures contracts and swaps. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index. The fund may invest in a derivative only if, in the opinion of the investment adviser, the expected risks and rewards of the proposed investment are consistent with the investment objective and strategies of the fund as disclosed in this prospectus and in the fund’s statement of additional information.


The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers who decide how their respective segments will be invested.


The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. The investment adviser believes that an important way to accomplish this is by analyzing various factors, which may include the credit strength of the issuer, prices of similar securities issued by comparable issuers, anticipated changes in interest rates, general market conditions and other factors pertinent to the particular security being evaluated. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Principal risks

This section describes the principal risks associated with the fund’s principal investment strategies. You may lose money by investing in the fund. The likelihood of loss may be greater if you invest for a shorter period of time.


Investing in mortgage-related and other asset-backed securities — Mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, include debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from or more acute than the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund’s income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund’s cash available for reinvestment in higher yielding securities.


Market conditions — The prices of, and the income generated by, the securities held by the fund may decline – sometimes rapidly or unpredictably – due to various factors, including events or conditions affecting the general economy or particular industries; overall market changes; local, regional or global political, social or economic instability; governmental or governmental agency responses to economic conditions; and currency exchange rate, interest rate and commodity price fluctuations.


Issuer risks — The prices of, and the income generated by, securities held by the fund may decline in response to various factors directly related to the issuers of such securities, including reduced demand for an issuer’s goods or services, poor management performance and strategic initiatives such as mergers, acquisitions or dispositions and the market response to any such initiatives.


Investing in debt instruments — The prices of, and the income generated by, bonds and other debt securities held by the fund may be affected by changing interest rates and by changes in the effective maturities and credit ratings of these securities.


Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in the fund having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greater sensitivity to changes in interest rates and may be subject to greater price fluctuations than shorter maturity debt securities.


Bonds and other debt securities are also subject to credit risk, which is the possibility that the credit strength of an issuer will weaken and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Lower quality debt securities generally have higher rates of interest and may be subject to greater price fluctuations than higher quality debt securities. Credit risk is gauged, in part, by the credit ratings of the debt securities in which the fund invests. However, ratings are only the opinions of the rating agencies issuing them and are not guarantees as to credit quality or an evaluation of market risk. The fund’s investment adviser relies on its own credit analysts to research issuers and issues in seeking to mitigate various credit and default risks.


Liquidity risk — Certain fund holdings may be deemed to be less liquid or illiquid because they cannot be readily sold or converted to cash without significantly impacting the value of the holdings. Liquidity risk may result from the lack of an active market for a holding, legal or contractual restrictions on resale, or the reduced number and capacity of market participants to make a market in such holding. Market prices for less liquid or illiquid holdings may be volatile, and reduced liquidity may have an adverse impact on the market price of such holdings. Additionally, the sale of less liquid or illiquid holdings may involve substantial delays (including delays in settlement) and additional costs and the fund may be unable to sell such holdings when necessary to meet its liquidity needs.


Investing in securities backed by the U.S. government — Securities backed by the U.S. Treasury or the full faith and credit of the U.S. government are guaranteed only as to the timely payment of interest and principal when held to maturity. Accordingly, the current market values for these securities will fluctuate with changes in interest rates. Securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government are neither issued nor guaranteed by the U.S. government.


Investing in future delivery contracts — The fund may enter into contracts, such as to-be-announced contracts and mortgage dollar rolls, that involve the fund selling mortgage-related securities and simultaneously contracting to repurchase similar securities for delivery at a future date at a predetermined price. This can increase the fund’s market exposure, and the market price of the securities that the fund contracts to repurchase could drop below their purchase price. While the fund can preserve and generate capital through the use of such contracts by, for example, realizing the difference between the sale price and the future purchase price, the income generated by the fund may be reduced by engaging in such transactions. In addition, these transactions may increase the turnover rate of the fund.


Investing in inflation-linked bonds — The values of inflation-linked bonds generally fluctuate in response to changes in real interest rates — i.e., rates of interest after factoring in inflation. A rise in real interest rates may cause the prices of inflation-linked securities to fall, while a decline in real interest rates may cause the prices to increase. Inflation-linked bonds may experience greater losses than other debt securities with similar durations when real interest rates rise faster than nominal interest rates. There can be no assurance that the value of an inflation-linked security will be directly correlated to changes in interest rates; for example, if interest rates rise for reasons other than inflation, the increase may not be reflected in the security’s inflation measure.


Investing in inflation-linked bonds may also reduce the fund’s distributable income during periods of deflation. If prices for goods and services decline throughout the economy, the principal and income on inflation-linked securities may decline and result in losses to the fund.


Investing in derivatives — The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional cash securities, such as stocks and bonds. Changes in the value of a derivative may not correlate perfectly with, and may be more sensitive to market events than, the underlying asset, rate or index, and a derivative instrument may expose the fund to losses in excess of its initial investment. Derivatives may be difficult for the fund to buy or sell at an opportune time or price and may be difficult to terminate or otherwise offset. The fund’s use of derivatives may result in losses to the fund, and investing in derivatives may reduce the fund’s returns and increase the fund’s price volatility. The fund’s counterparty to a derivative transaction (including, if applicable, the fund’s clearing broker, the derivatives exchange or the clearinghouse) may be unable or unwilling to honor its financial obligations in respect of the transaction.


Management — The investment adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the investment adviser in this process may not produce the desired results. This could cause the fund to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives.


It is important to note that neither your investment in the fund nor the fund’s yield is guaranteed by the U.S. government. Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. You should consider how this fund fits into your overall investment program.

Investment results

The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results. This information provides some indication of the risks of investing in the fund. The Lipper Intermediate U.S. Government Funds Average includes mutual funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. The Lipper GNMA Funds Average includes funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting americanfunds.com.

The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results.

Calendar year total returns for Class A shares (Results do not include a sales charge; if a sales charge were included, results would be lower.)
Bar Chart

Highest/Lowest quarterly results during this period were:

 

Highest 3.23% (quarter ended September 30, 2011)

 


Lowest -2.00% (quarter ended June 30, 2013)

 

The fund's total return for the nine months ended September 30, 2018, was -1.53%.

Average Annual Total Returns for the periods ended December 31, 2017
Average Annual Returns - AMERICAN FUNDS MORTGAGE FUND®
Label
Average Annual Returns, 1 Year
Average Annual Returns, 5 Years
Average Annual Returns, Since Inception
Average Annual Returns, Inception Date
Class A A Before taxes (2.55%) 0.82% 1.61% Nov. 01, 2010
Class C C Before taxes (0.56%) 0.76% 1.33% Nov. 01, 2010
Class F-1 F-1 Before taxes 1.21% 1.58% 2.13% Nov. 01, 2010
Class F-2 F-2 Before taxes 1.49% 1.85% 2.39% Nov. 01, 2010
Class 529-A 529-A Before taxes (2.61%) 0.71% 1.51% Nov. 01, 2010
Class 529-C 529-C Before taxes (0.61%) 0.69% 1.27% Nov. 01, 2010
Class 529-E 529-E Before taxes 1.04% 1.26% 1.80% Nov. 01, 2010
Class 529-F-1 529-F-1 Before taxes 1.39% 1.73% 2.27% Nov. 01, 2010
Class R-1 R-1 Before taxes 0.43% 1.24% 1.70% Nov. 01, 2010
Class R-2 R-2 Before taxes 0.50% 0.80% 1.42% Nov. 01, 2010
Class R-2E R-2E Before taxes 0.81%   1.65% Aug. 29, 2014
Class R-3 R-3 Before taxes 0.90% 1.31% 1.87% Nov. 01, 2010
Class R-4 R-4 Before taxes 1.23% 1.64% 2.18% Nov. 01, 2010
Class R-5E R-5E Before taxes 1.72%   1.75% Nov. 20, 2015
Class R-5 R-5 Before taxes 1.54% 1.90% 2.43% Nov. 01, 2010
Class R-6 R-6 Before taxes 1.62% 1.96% 2.49% Nov. 01, 2010
After Taxes on Distributions | Class A A After taxes on distributions (3.16%) 0.04% 0.79%  
After Taxes on Distributions and Sale of Fund Shares | Class A A After taxes on distributions and sale of fund shares (1.42%) 0.28% 0.91%  
Bloomberg Barclays U.S. Mortgage Backed Securities Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) Bloomberg Barclays U.S. Mortgage Backed Securities Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes) 2.47% 2.04% 2.53% Nov. 01, 2010
Lipper Intermediate U.S. Government Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes) Lipper Intermediate U.S. Government Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes) 1.39% 0.93% 1.61% Nov. 01, 2010
Lipper GNMA Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes) Lipper GNMA Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes) 1.05% 1.03% 1.88% Nov. 01, 2010

After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary. After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-favored arrangement, such as a 401(k) plan, individual retirement account (IRA) or 529 college savings plan.

XML 12 R9.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
AMERICAN FUNDS MORTGAGE FUND®  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading AMERICAN FUNDS MORTGAGE FUND®
Objective [Heading] rr_ObjectiveHeading Investment objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

The fund’s investment objective is to provide current income and preservation of capital.

Expense [Heading] rr_ExpenseHeading Fees and expenses of the fund
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. In addition to the fees and expenses described below, you may also be required to pay brokerage commissions on purchases and sales of Class F-2 or F-3 shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in American Funds. More information about these and other discounts is available from your financial professional, in the “Sales charge reductions and waivers” sections on page 35 of the prospectus and on page 73 of the fund’s statement of additional information, and in the sales charge waiver appendix to this prospectus.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder Fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Fee Waiver or Reimbursement over Assets, Date of Termination rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination Nov. 01, 2019
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s investment results. During the most recent fiscal year, the fund’s portfolio turnover rate was 1009% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 1009.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in American Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 100,000
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds.


The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the fund’s operating expenses remain the same. The example reflects the expense reimbursement described above through the expiration date of such reimbursement and total annual fund operating expenses thereafter. You may be required to pay brokerage commissions on your purchases and sales of Class F-2 or F-3 shares of the fund, which are not reflected in the example.

Expense Example by, Year, Caption [Text] rr_ExpenseExampleByYearCaption Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, No Redemption, By Year, Caption [Text] rr_ExpenseExampleNoRedemptionByYearCaption For the share classes listed to the right, you would pay the following if you did not redeem your shares:
Strategy [Heading] rr_StrategyHeading Principal investment strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

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 nongovernment mortgage-related securities that are rated in the Aaa or AAA rating category (by Nationally Recognized Statistical Rating Organizations designated by the fund’s investment adviser) or unrated but determined to be of equivalent quality by the fund’s investment adviser. The fund may also invest in debt issued by federal agencies. In the case of to be announced contracts, each contract for future delivery is normally of short duration.


The fund may also invest in certain derivative instruments, such as futures contracts and swaps. A derivative is a financial contract, the value of which is based on the value of an underlying financial asset (such as a stock, bond or currency), a reference rate or a market index. The fund may invest in a derivative only if, in the opinion of the investment adviser, the expected risks and rewards of the proposed investment are consistent with the investment objective and strategies of the fund as disclosed in this prospectus and in the fund’s statement of additional information.


The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers who decide how their respective segments will be invested.


The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. The investment adviser believes that an important way to accomplish this is by analyzing various factors, which may include the credit strength of the issuer, prices of similar securities issued by comparable issuers, anticipated changes in interest rates, general market conditions and other factors pertinent to the particular security being evaluated. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Risk [Heading] rr_RiskHeading Principal risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

This section describes the principal risks associated with the fund’s principal investment strategies. You may lose money by investing in the fund. The likelihood of loss may be greater if you invest for a shorter period of time.


Investing in mortgage-related and other asset-backed securities — Mortgage-related securities, such as mortgage-backed securities, and other asset-backed securities, include debt obligations that represent interests in pools of mortgages or other income-bearing assets, such as consumer loans or receivables. Such securities often involve risks that are different from or more acute than the risks associated with investing in other types of debt securities. Mortgage-backed and other asset-backed securities are subject to changes in the payment patterns of borrowers of the underlying debt. When interest rates fall, borrowers are more likely to refinance or prepay their debt before its stated maturity. This may result in the fund having to reinvest the proceeds in lower yielding securities, effectively reducing the fund’s income. Conversely, if interest rates rise and borrowers repay their debt more slowly than expected, the time in which the mortgage-backed and other asset-backed securities are paid off could be extended, reducing the fund’s cash available for reinvestment in higher yielding securities.


Market conditions — The prices of, and the income generated by, the securities held by the fund may decline – sometimes rapidly or unpredictably – due to various factors, including events or conditions affecting the general economy or particular industries; overall market changes; local, regional or global political, social or economic instability; governmental or governmental agency responses to economic conditions; and currency exchange rate, interest rate and commodity price fluctuations.


Issuer risks — The prices of, and the income generated by, securities held by the fund may decline in response to various factors directly related to the issuers of such securities, including reduced demand for an issuer’s goods or services, poor management performance and strategic initiatives such as mergers, acquisitions or dispositions and the market response to any such initiatives.


Investing in debt instruments — The prices of, and the income generated by, bonds and other debt securities held by the fund may be affected by changing interest rates and by changes in the effective maturities and credit ratings of these securities.


Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in the fund having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greater sensitivity to changes in interest rates and may be subject to greater price fluctuations than shorter maturity debt securities.


Bonds and other debt securities are also subject to credit risk, which is the possibility that the credit strength of an issuer will weaken and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Lower quality debt securities generally have higher rates of interest and may be subject to greater price fluctuations than higher quality debt securities. Credit risk is gauged, in part, by the credit ratings of the debt securities in which the fund invests. However, ratings are only the opinions of the rating agencies issuing them and are not guarantees as to credit quality or an evaluation of market risk. The fund’s investment adviser relies on its own credit analysts to research issuers and issues in seeking to mitigate various credit and default risks.


Liquidity risk — Certain fund holdings may be deemed to be less liquid or illiquid because they cannot be readily sold or converted to cash without significantly impacting the value of the holdings. Liquidity risk may result from the lack of an active market for a holding, legal or contractual restrictions on resale, or the reduced number and capacity of market participants to make a market in such holding. Market prices for less liquid or illiquid holdings may be volatile, and reduced liquidity may have an adverse impact on the market price of such holdings. Additionally, the sale of less liquid or illiquid holdings may involve substantial delays (including delays in settlement) and additional costs and the fund may be unable to sell such holdings when necessary to meet its liquidity needs.


Investing in securities backed by the U.S. government — Securities backed by the U.S. Treasury or the full faith and credit of the U.S. government are guaranteed only as to the timely payment of interest and principal when held to maturity. Accordingly, the current market values for these securities will fluctuate with changes in interest rates. Securities issued by government-sponsored entities and federal agencies and instrumentalities that are not backed by the full faith and credit of the U.S. government are neither issued nor guaranteed by the U.S. government.


Investing in future delivery contracts — The fund may enter into contracts, such as to-be-announced contracts and mortgage dollar rolls, that involve the fund selling mortgage-related securities and simultaneously contracting to repurchase similar securities for delivery at a future date at a predetermined price. This can increase the fund’s market exposure, and the market price of the securities that the fund contracts to repurchase could drop below their purchase price. While the fund can preserve and generate capital through the use of such contracts by, for example, realizing the difference between the sale price and the future purchase price, the income generated by the fund may be reduced by engaging in such transactions. In addition, these transactions may increase the turnover rate of the fund.


Investing in inflation-linked bonds — The values of inflation-linked bonds generally fluctuate in response to changes in real interest rates — i.e., rates of interest after factoring in inflation. A rise in real interest rates may cause the prices of inflation-linked securities to fall, while a decline in real interest rates may cause the prices to increase. Inflation-linked bonds may experience greater losses than other debt securities with similar durations when real interest rates rise faster than nominal interest rates. There can be no assurance that the value of an inflation-linked security will be directly correlated to changes in interest rates; for example, if interest rates rise for reasons other than inflation, the increase may not be reflected in the security’s inflation measure.


Investing in inflation-linked bonds may also reduce the fund’s distributable income during periods of deflation. If prices for goods and services decline throughout the economy, the principal and income on inflation-linked securities may decline and result in losses to the fund.


Investing in derivatives — The use of derivatives involves a variety of risks, which may be different from, or greater than, the risks associated with investing in traditional cash securities, such as stocks and bonds. Changes in the value of a derivative may not correlate perfectly with, and may be more sensitive to market events than, the underlying asset, rate or index, and a derivative instrument may expose the fund to losses in excess of its initial investment. Derivatives may be difficult for the fund to buy or sell at an opportune time or price and may be difficult to terminate or otherwise offset. The fund’s use of derivatives may result in losses to the fund, and investing in derivatives may reduce the fund’s returns and increase the fund’s price volatility. The fund’s counterparty to a derivative transaction (including, if applicable, the fund’s clearing broker, the derivatives exchange or the clearinghouse) may be unable or unwilling to honor its financial obligations in respect of the transaction.


Management — The investment adviser to the fund actively manages the fund’s investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the investment adviser in this process may not produce the desired results. This could cause the fund to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives.


It is important to note that neither your investment in the fund nor the fund’s yield is guaranteed by the U.S. government. Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. You should consider how this fund fits into your overall investment program.

Risk Lose Money [Text] rr_RiskLoseMoney You may lose money by investing in the fund.
Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Investment results
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results. This information provides some indication of the risks of investing in the fund. The Lipper Intermediate U.S. Government Funds Average includes mutual funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. The Lipper GNMA Funds Average includes funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund’s investment results can be obtained by visiting americanfunds.com.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results.
Performance Additional Market Index [Text] rr_PerformanceAdditionalMarketIndex The Lipper Intermediate U.S. Government Funds Average includes mutual funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund. The Lipper GNMA Funds Average includes funds that disclose investment objectives and/or strategies reasonably comparable to those of the fund.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress americanfunds.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Past investment results (before and after taxes) are not predictive of future investment results.
Bar Chart [Heading] rr_BarChartHeading Calendar year total returns for Class A shares (Results do not include a sales charge; if a sales charge were included, results would be lower.)
Bar Chart Narrative [Text Block] rr_BarChartNarrativeTextBlock

The following bar chart shows how the fund’s investment results have varied from year to year, and the following table shows how the fund’s average annual total returns for various periods compare with a broad measure of securities market results and other applicable measures of market results.

Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads (Results do not include a sales charge; if a sales charge were included, results would be lower.)
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

Highest/Lowest quarterly results during this period were:

 

Highest 3.23% (quarter ended September 30, 2011)

 


Lowest -2.00% (quarter ended June 30, 2013)

 

The fund's total return for the nine months ended September 30, 2018, was -1.53%.

Year to Date Return, Label rr_YearToDateReturnLabel The fund's total return for the nine months ended
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2018
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn (1.53%)
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Highest
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2011
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 3.23%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Lowest
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Jun. 30, 2013
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (2.00%)
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-favored arrangement, such as a 401(k) plan, individual retirement account (IRA) or 529 college savings plan.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary. After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. In addition, after-tax returns are not relevant if you hold your fund shares through a tax-favored arrangement, such as a 401(k) plan, individual retirement account (IRA) or 529 college savings plan.

Caption rr_AverageAnnualReturnCaption Average Annual Total Returns for the periods ended December 31, 2017
AMERICAN FUNDS MORTGAGE FUND® | Bloomberg Barclays U.S. Mortgage Backed Securities Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes)  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Bloomberg Barclays U.S. Mortgage Backed Securities Index (reflects no deductions for sales charges, account fees, expenses or U.S. federal income taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 2.47%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 2.04%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.53%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Lipper Intermediate U.S. Government Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes)  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Lipper Intermediate U.S. Government Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.39%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.93%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.61%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Lipper GNMA Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes)  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Lipper GNMA Funds Average (reflects no deductions for sales charges, account fees or U.S. federal income taxes)
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.05%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.03%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.88%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class A  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.75%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption 1.00% [1]
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.19%
Total annual fund operating expenses rr_ExpensesOverAssets 0.67%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 441
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 581
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 734
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,178
Annual Return 2011 rr_AnnualReturn2011 6.69%
Annual Return 2012 rr_AnnualReturn2012 2.69%
Annual Return 2013 rr_AnnualReturn2013 (2.03%)
Annual Return 2014 rr_AnnualReturn2014 5.14%
Annual Return 2015 rr_AnnualReturn2015 1.84%
Annual Return 2016 rr_AnnualReturn2016 1.94%
Annual Return 2017 rr_AnnualReturn2017 1.23%
Label rr_AverageAnnualReturnLabel A Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (2.55%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.82%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.61%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
Thirty Day Yield Caption rr_ThirtyDayYieldCaption Class A annualized 30-day yield at August 31, 2018:
Thirty Day Yield Phone rr_ThirtyDayYieldPhone (800) 325-3590
Thirty Day Yield rr_ThirtyDayYield 1.90%
AMERICAN FUNDS MORTGAGE FUND® | Class A | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel A After taxes on distributions
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (3.16%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.04%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 0.79%
AMERICAN FUNDS MORTGAGE FUND® | Class A | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel A After taxes on distributions and sale of fund shares
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (1.42%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.28%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 0.91%
AMERICAN FUNDS MORTGAGE FUND® | Class 529-A  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.75%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption 1.00% [1]
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.23%
Other expenses rr_OtherExpensesOverAssets 0.28%
Total annual fund operating expenses rr_ExpensesOverAssets 0.74%
Expenses Deferred Charges [Text Block] rr_ExpensesDeferredChargesTextBlock A contingent deferred sales charge of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 448
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 603
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 771
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,259
Label rr_AverageAnnualReturnLabel 529-A Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (2.61%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.71%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.51%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class C  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption 1.00%
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 1.47%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 250
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 465
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 803
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,757
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 150
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 465
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 803
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,757
Label rr_AverageAnnualReturnLabel C Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (0.56%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.76%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.33%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class 529-C  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption 1.00%
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.29%
Total annual fund operating expenses rr_ExpensesOverAssets 1.52%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 1.52%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 255
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 480
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 829
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,813
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 155
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 480
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 829
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,813
Label rr_AverageAnnualReturnLabel 529-C Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 (0.61%)
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.69%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.27%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class 529-E  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.49%
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 0.96%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 0.96%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 98
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 306
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 531
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,178
Label rr_AverageAnnualReturnLabel 529-E Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.04%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.26%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.80%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class 529-T  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.28%
Total annual fund operating expenses rr_ExpensesOverAssets 0.76%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 0.76%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 326
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 487
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 662
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,169
AMERICAN FUNDS MORTGAGE FUND® | Class T  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.22%
Total annual fund operating expenses rr_ExpensesOverAssets 0.70%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 320
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 468
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 630
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,099
AMERICAN FUNDS MORTGAGE FUND® | Class 529-F-1  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.28%
Total annual fund operating expenses rr_ExpensesOverAssets 0.51%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 0.51%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 52
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 164
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 285
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 640
Label rr_AverageAnnualReturnLabel 529-F-1 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.39%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.73%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.27%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class F-1  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.21%
Total annual fund operating expenses rr_ExpensesOverAssets 0.69%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 70
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 221
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 384
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 859
Label rr_AverageAnnualReturnLabel F-1 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.21%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.58%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.13%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class F-2  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.17%
Total annual fund operating expenses rr_ExpensesOverAssets 0.40%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 41
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 128
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 224
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 505
Label rr_AverageAnnualReturnLabel F-2 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.49%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.85%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.39%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class F-3  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.07%
Total annual fund operating expenses rr_ExpensesOverAssets 0.30%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 31
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 97
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 169
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 381
AMERICAN FUNDS MORTGAGE FUND® | Class R-1  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 1.47%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 1.47%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 150
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 465
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 803
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,757
Label rr_AverageAnnualReturnLabel R-1 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 0.43%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.24%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.70%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class R-2  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%
Other expenses rr_OtherExpensesOverAssets 0.43%
Total annual fund operating expenses rr_ExpensesOverAssets 1.41%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 1.41%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 144
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 446
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 771
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,691
Label rr_AverageAnnualReturnLabel R-2 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 0.50%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 0.80%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.42%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class R-3  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%
Other expenses rr_OtherExpensesOverAssets 0.29%
Total annual fund operating expenses rr_ExpensesOverAssets 1.02%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 1.02%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 104
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 325
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 563
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,248
Label rr_AverageAnnualReturnLabel R-3 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 0.90%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.31%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.87%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class R-4  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other expenses rr_OtherExpensesOverAssets 0.17%
Total annual fund operating expenses rr_ExpensesOverAssets 0.65%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 0.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 66
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 208
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 362
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 810
Label rr_AverageAnnualReturnLabel R-4 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.23%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.64%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.18%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class R-5  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.13%
Total annual fund operating expenses rr_ExpensesOverAssets 0.36%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 0.36%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 37
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 116
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 202
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 456
Label rr_AverageAnnualReturnLabel R-5 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.54%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.90%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.43%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class R-6  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.06%
Total annual fund operating expenses rr_ExpensesOverAssets 0.29%
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 0.29%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 30
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 93
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 163
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 368
Label rr_AverageAnnualReturnLabel R-6 Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.62%
Average Annual Returns, 5 Years rr_AverageAnnualReturnYear05 1.96%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 2.49%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 01, 2010
AMERICAN FUNDS MORTGAGE FUND® | Class R-2E  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.59%
Other expenses rr_OtherExpensesOverAssets 0.39%
Total annual fund operating expenses rr_ExpensesOverAssets 1.21%
Expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.09% [2]
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 1.12%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 114
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 375
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 656
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,458
Label rr_AverageAnnualReturnLabel R-2E Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 0.81%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.65%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Aug. 29, 2014
AMERICAN FUNDS MORTGAGE FUND® | Class R-5E  
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum sales charge (load) imposed on reinvested dividends rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther none
Redemption or exchange fees rr_RedemptionFeeOverRedemption none
Maximum deferred sales charge (load) (as a percentage of the amount redeemed) rr_ExchangeFeeOverRedemption none
Management fees rr_ManagementFeesOverAssets 0.23%
Distribution and/or service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.24%
Total annual fund operating expenses rr_ExpensesOverAssets 0.47%
Expense reimbursement rr_FeeWaiverOrReimbursementOverAssets 0.03% [2]
Total annual fund operating expenses after expense reimbursement rr_NetExpensesOverAssets 0.44%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 45
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 148
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 261
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 589
Label rr_AverageAnnualReturnLabel R-5E Before taxes
Average Annual Returns, 1 Year rr_AverageAnnualReturnYear01 1.72%
Average Annual Returns, Since Inception rr_AverageAnnualReturnSinceInception 1.75%
Average Annual Returns, Inception Date rr_AverageAnnualReturnInceptionDate Nov. 20, 2015
[1] A contingent deferred sales charge of 1.00% applies on certain redemptions made within 18 months following purchases of $1 million or more made without an initial sales charge. Contingent deferred sales charge is calculated based on the lesser of the offering price and market value of shares being sold.
[2] The investment adviser is currently reimbursing a portion of the other expenses. This reimbursement will be in effect through at least November 1, 2019. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time.
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Prospectus Date rr_ProspectusDate Nov. 01, 2018
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