The Multi-Sector Income Fund combines the power of four key fixed income credit sectors, each of which has distinctive income characteristics.
OPPORTUNITIES
Past results are not a guarantee of future results.
THE POWER OF 4
A fund that combines the four fixed income sectors in a single portfolio offers the potential to benefit from attractive income.
The Multi-Sector Income Fund combines the power of four key fixed income credit sectors, each of which has distinctive income characteristics.
Investment-grade corporate bonds
Bonds issued by companies to finance their spending or investment. Considered higher quality, typically meaning they carry a lower risk of default but consequently tend to pay a lower income. The main focus is on US bonds.
Emerging market bonds
Bonds issued by governments or companies in developing countries, which typically offer higher growth prospects but carry greater risks given their stage of development. Here we primarily focus on government bonds issued in US dollars.
High-yield corporate bonds
Bonds issued by companies to finance their spending or investment. Considered generally lower quality, typically meaning they carry a higher risk of default but consequently tend to pay a higher income. The main focus is on US bonds.
Securitised bonds
Financial securities that are created by securitising individual loans. These can range from residential or commercial mortgages, to auto loans or other asset-backed securities.
The fund may also invest a small proportion of the portfolio outside these sectors as an opportunistic exposure.
The fund seeks an optimal balance between high-quality and high-yielding assets. High-quality bonds offer stability and resilience, while bonds with higher income potential can enhance cash flows and yield. A well-balanced mix of these assets can deliver a robust level of income while aiming to keep risks in check.
The investment approach occupies the sweet spot between sector-specific and unconstrained ‘go-anywhere’ strategies. It offers the flexibility to seize opportunistic ideas as they arise, while its broad allocation range can mitigate the risk of overconcentration in any single sector.
EXPERIENCE COUNTS
The portfolio is managed by a Principal Investment Officer and a team of seasoned sector specialist portfolio managers. They are supported by large, dedicated investment analyst teams that help create a portfolio built on deep insights into each of the securities the fund invests in.
Fixed Income Portfolio Manager
Los Angeles
Years of CG Experience: 26
Fixed Income Portfolio Manager
Los Angeles
Years of CG Experience: 9
Portfolio Manager
Los Angeles
Years of CG Experience: 10
Portfolio Manager
New York
Years of CG Experience: 20
Fixed Income Portfolio Manager
London
Years of CG Experience: 10
Portfolio Manager
Los Angeles
Years of CG Experience: 5
Years of experience as at 31 December 2025.
WHY CAPITAL GROUP
For more than 90 years, we’ve been searching the world for long-term opportunities, making Capital one of the oldest global investors today.
The information in relation to the index is provided for context and illustration only. The fund is actively managed. It is not managed in reference to a benchmark. Past results are not a guarantee of future results.
Risk factors you should consider before investing:
All data as at 31 December 2024 and attributed to Capital Group, unless otherwise specified
Glossary
High quality assets– An asset or security that may offer a lower risk, lower potential return profile. For instance, bonds that typically have an investment-grade credit rating.
Higher yielding assets– An asset or security that may offer a higher risk, higher potential profile. For instance, bonds that typically have a high-yield credit rating.
Liquidity– The degree to which an asset or security can be quickly converted into cash without a significant concession.
Treasury- A type of debt issued by the US Treasury.
Yield- The income returned on an investment, such as the interest or dividends received from holding an asset. The yield is usually expressed as an annual percentage rate based on the investment’s current market cost.