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American Funds US Government Sec R1 RGVAX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
14.17  /  0.01 %
Total Assets
22.6 Bil
Adj. Expense Ratio
1.340%
Expense Ratio
1.340%
Fee Level
Above Average
Longest Manager Tenure
11.73 years
Category
Intermediate Government
Credit Quality / Interest Rate Sensitivity
High / Moderate
Min. Initial Investment
250
Status
Open
TTM Yield
0.15%
Effective Duration
4.76 years

USD | NAV as of Jul 23, 2021 | 1-Day Return as of Jul 23, 2021, 9:31 PM GMT+00:00

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Morningstar’s Analysis

Will RGVAX outperform in future?

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

Process Pillar

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

People Pillar

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The People Pillar is our evaluation of the RGVAX 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

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

Aims to provide safety when markets turn rocky.

Analyst

Summary

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American Funds U.S. Government Securities benefits from a solid team focused on providing straightforward government exposure while nimbly positioning around rates and mortgages. It earns a Morningstar Analyst Rating of Bronze on its cheaper share classes and Neutral on its pricier share classes.

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