American Funds Short-Term Bond Fund of America lives up to its goals of stability and liquidity, but with its current manager configuration still somewhat new and with its very conservative profile, the fund’s ability to outperform most short-term bond Morningstar Category peers is limited to all but the most stressed market environments.
American Funds ST Bd Fd of Amer A ASBAX
- NAV / 1-Day Return 9.58 / −0.40 %
- Total Assets 11.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.680%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 250
- Status Open
- TTM Yield 3.86%
- Effective Duration 1.95 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis ASBAX
Will ASBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Capital Group Central Cash Fund | 10.80 | 1.3 Bil | Cash and Equivalents |
United States Treasury Notes 4.625% | 5.10 | 591.1 Mil | Government |
United States Treasury Notes 3% | 4.30 | 499.0 Mil | Cash and Equivalents |
United States Treasury Notes 4% | 3.91 | 453.8 Mil | Government |
United States Treasury Notes 4.125% | 2.60 | 301.6 Mil | Government |
United States Treasury Notes 0.152% | 2.46 | 285.8 Mil | Government |
United States Treasury Notes 2.875% | 2.04 | 236.3 Mil | Government |
United States Treasury Notes 4.625% | 1.96 | 227.3 Mil | Government |
United States Treasury Notes 5% | 1.84 | 212.8 Mil | Government |
United States Treasury Notes 3.875% | 1.77 | 205.9 Mil | Government |