American Funds Short-Term Bond Fund of America’s high-quality portfolio meets investors’ expectations but doesn’t stand out among short-term Morningstar Category peers.
American Funds Short-Term Bond Fund of America® Class R-3 RAMCX
- NAV / 1-Day Return 9.48 / −0.21 %
- Total Assets 12.9B
-
Adj. Expense Ratio
0.920%
- Expense Ratio 0.920%
- Distribution Fee Level Above Average
- Share Class Type Retirement, Medium
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity High/Limited
- Min. Initial Investment 250
- Status Open
- TTM Yield 3.51%
- Effective Duration 2.26 years
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 1:53 AM GMT+0
Morningstar’s Analysis RAMCX
Will RAMCX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the RAMCX 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 RAMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 30.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
United States Treasury Notes 3.875% | 9.58 | 1B | Government |
Capital Group Central Cash Fund | 7.21 | 919M | Cash and Equivalents |
United States Treasury Notes 3.5% | 6.24 | 795M | Government |
United States Treasury Notes 3.5% | 4.90 | 624M | Government |
United States Treasury Notes 4% | 3.03 | 386M | Government |
United States Treasury Notes 4.125% | 2.40 | 306M | Government |
United States Treasury Notes 4% | 1.90 | 243M | Government |
United States Treasury Notes 4% | 1.44 | 183M | Government |
United States Treasury Notes 3.375% | 1.13 | 144M | Government |
United States Treasury Notes 3.375% | 0.94 | 120M | Government |
United States