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American Funds ST Bd Fd of Amer R6 RMMGX

Analyst rating as of
NAV / 1-Day Return
10.01  /  0.10 %
Total Assets
11.7 Bil
Adj. Expense Ratio
0.320%
Expense Ratio
0.320%
Fee Level
Low
Longest Manager Tenure
10.31 years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
250
Status
Open
TTM Yield
0.82%
Effective Duration
1.54 years
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Morningstar’s Analysis

Will RMMGX outperform in future?

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

A conservative short-term offering.

Summary

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American Funds Short-Term Bond Fund of America’s conservative approach helps it serve as portfolio ballast but could limit its range relative to short-term bond Morningstar Category peers, along with its ability to outperform over the long term. Its cheapest share classes earn a Morningstar Analyst Rating of Neutral, while its pricier share classes are rated Negative.

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