CMBPX Fees and Costs — American Funds Multi-Sector Income Fund, Class 529-F-2
Data updated: 2026-08-27
The net expense ratio is 0.45%: a 0.33% management fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $16K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 102%.
CMBPX Fees and Expenses
Annual operating expenses and sales charges of CMBPX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.33% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.12% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 30-day yield | 5.60% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CMBPX Costs Over Time
On $10,000 invested in CMBPX, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
CMBPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $38.8B
- Portfolio turnover (prospectus): 102%
- Securities lending: none during the year
CMBPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cantor Fitzgerald & Co | $15K | 93.41% |
| UBS AG | $561 | 3.55% |
| Canaccord Financial Inc. | $246 | 1.56% |
| Liquidnet Holdings, Inc. | $234 | 1.48% |
CMBPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America, N.A. | $6.2B | 18.31% |
| J.P. Morgan Securities LLC | $5.3B | 15.56% |
| Goldman Sachs & Co. LLC | $4.1B | 12.00% |
| Barclays Bank PLC | $3.7B | 10.91% |
| Morgan Stanley & Co. LLC | $3.6B | 10.74% |
| Wells Fargo Securities, LLC | $3.0B | 8.75% |
| Citigroup Global Markets Inc. | $2.4B | 7.06% |
| Citadel Securities Institutional LLC | $2.1B | 6.07% |
| Deutsche Bank A.G. | $1.8B | 5.33% |
| BNP Paribas | $1.8B | 5.26% |
American Funds Multi-Sector Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MIAZX | Class F-3 | 0.37% | none |
| RMDUX | Class R-6 | 0.37% | none |
| CMBQX | Class 529-F-3 | 0.42% | none |
| RMDTX | Class R-5 | 0.42% | none |
| CMBPX | Class 529-F-2 | 0.45% | none |
| MIAYX | Class F-2 | 0.48% | none |
| RMDSX | Class R-5E | 0.50% | none |
| RMDRX | Class R-4 | 0.67% | none |
| MIAVX | Class T | 0.68% | 2.50% |
| CMBKX | Class 529-A | 0.72% | 3.50% |
| CMBNX | Class 529-T | 0.73% | 2.50% |
| MIAQX | Class A | 0.74% | 3.75% |
| MIAWX | Class F-1 | 0.74% | none |
| CMBOX | Class 529-F-1 | 0.79% | none |
| CMBMX | Class 529-E | 0.94% | none |
| RMDQX | Class R-3 | 0.96% | none |
| RMDPX | Class R-2E | 1.15% | none |
| MIAUX | Class C | 1.44% | none |
| RMDNX | Class R-1 | 1.45% | none |
| RMDOX | Class R-2 | 1.48% | none |
| CMBLX | Class 529-C | 1.49% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.