Successful application of metal matrix composites often requires strength and lifetime predictions that account for the deformation of each phase. Yet, the deformation of individual phases in composites usually differs significantly from their respective monolithic behaviors. An approach is presented that quantifies the deformation parameters of each phase using neutron diffraction measurements before, during, and after failure under tensile loading in model composites consisting of a single alumina fiber embedded in an aluminum matrix. The evolution of residual strains after loading was examined including the effects of fiber failure.