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Morningstar

American Funds ST Bd Fd of Amer R4 RAMEX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.41  /  −0.09 %
  • Total Assets 11.5 Bil
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.630%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.59%
  • Effective Duration 1.72 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis RAMEX

Will RAMEX 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 RAMEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RAMEX 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 RAMEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

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.

by Brian Moriarty
Rated on Published on

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Portfolio Holdings RAMEX

More RAMEX Holdings
  • 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

15.36 1.8 Bil
Cash and Equivalents

United States Treasury Notes 4.625%

5.13 592.1 Mil
Government

United States Treasury Notes 3%

4.30 495.4 Mil
Government

United States Treasury Notes 4%

3.66 422.2 Mil
Government

United States Treasury Notes 4.125%

2.62 302.6 Mil
Government

United States Treasury Notes 2.875%

2.34 269.5 Mil
Government

United States Treasury Notes 3.875%

1.87 215.9 Mil
Government

United States Treasury Notes 5%

1.85 213.6 Mil
Government

United States Treasury Notes 2.5%

1.77 204.1 Mil
Cash and Equivalents

Federal National Mortgage Association 6.5%

1.64 189.1 Mil
Securitized