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American Funds ST Bd Fd of Amer A ASBAX

Analyst rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.46  /  0.30 %
  • Total Assets 11.5 Bil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.660%
  • Distribution Fee Level Below 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 1.50%
  • Effective Duration 1.47 years

Morningstar’s Analysis ASBAX

Will ASBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

A safety-first approach to short-term bonds.

Summary

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American Funds Short-Term Bond Fund of America’s management team has seen changes recently and its conservative approach could limit its range relative to short-term bond Morningstar Category peers, along with its ability to outperform over the long term. Its cheapest share classes earn a Morningstar Analyst Rating of Neutral, while its pricier share classes are rated Negative.

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