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American Funds ST Bd Fd of Amer A ASBAX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.45  /  +0.01 %
  • Total Assets 11.6 Bil
  • Adj. Expense Ratio
    0.680%
  • 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 3.73%
  • Effective Duration 1.72 years

USD | NAV as of Jun 21, 2024 | 1-Day Return as of Jun 21, 2024, 10:13 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.

Safety first.

Associate Director Brian Moriarty

Brian Moriarty

Associate Director

Summary

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.

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Portfolio Holdings ASBAX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 23.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

15.42 1.8 Bil
Cash and Equivalents

United States Treasury Notes 4.625%

5.13 591.8 Mil
Government

United States Treasury Notes 3%

4.30 496.1 Mil
Government

United States Treasury Notes 4%

3.66 422.2 Mil
Government

United States Treasury Notes 4.125%

2.62 302.7 Mil
Government

United States Treasury Notes 2.875%

2.34 269.8 Mil
Government

United States Treasury Notes 3.875%

1.87 215.9 Mil
Government

United States Treasury Notes 5%

1.85 213.4 Mil
Government

United States Treasury Notes 2.5%

1.77 204.5 Mil
Cash and Equivalents

Federal National Mortgage Association 6.5%

1.65 190.0 Mil
Securitized