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Morningstar

American Funds US Government Sec 529A CGTAX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 11.64  /  +0.44 %
  • Total Assets 18.3 Bil
  • Adj. Expense Ratio
    0.670%
  • Expense Ratio 0.670%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield —
  • Effective Duration 5.58 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 9:57 PM GMT+0

Morningstar’s Analysis CGTAX

Will CGTAX outperform in future?

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

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CGTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the CGTAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of CGTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A capable team and conservative approach work well here.

Director Alec Lucas

Alec Lucas

Director

Summary

With a veteran and stable management team and a conservative, risk-conscious approach, American Funds U.S. Government Securities is a topnotch offering within the intermediate government Morningstar Category, for the right price.

by Alec Lucas
Rated on Published on

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Portfolio Holdings CGTAX

More CGTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

12.32 2.6 Bil
Cash and Equivalents

United States Treasury Bills 0%

3.64 766.4 Mil
Government

United States Treasury Notes 4.625%

2.30 484.0 Mil
Government

Federal National Mortgage Association 6.5%

2.21 465.7 Mil
Securitized

United States Treasury Notes 4.25%

2.00 420.5 Mil
Government

United States Treasury Bills 0%

1.87 393.1 Mil
Government

Federal Home Loan Mortgage Corp. 5.5%

1.73 364.9 Mil
Securitized

Federal Home Loan Mortgage Corp. 6%

1.58 331.8 Mil
Securitized

Federal National Mortgage Association 4.5%

1.50 316.5 Mil
Securitized

Federal Home Loan Mortgage Corp. 6%

1.43 301.8 Mil
Securitized