Skip to Content

American Funds ST Bd Fd of Amer R6 RMMGX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.46  /  +0.01 %
  • Total Assets 11.5 Bil
  • Adj. Expense Ratio
    0.290%
  • Expense Ratio 0.290%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.71%
  • Effective Duration 1.68 years

USD | NAV as of Feb 23, 2024 | 1-Day Return as of Feb 23, 2024, 11:18 PM GMT+0

Morningstar’s Analysis RMMGX

Will RMMGX outperform in future?

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

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.

Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings RMMGX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 23.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

12.16 1.4 Bil
Cash and Equivalents

United States Treasury Notes 4.625%

6.11 711.2 Mil
Government

United States Treasury Notes 2.25%

3.03 352.3 Mil
Government

United States Treasury Notes 4.125%

2.64 307.1 Mil
Government

United States Treasury Notes 2.875%

2.52 293.3 Mil
Government

United States Treasury Notes 2.625%

2.51 292.7 Mil
Government

Federal National Mortgage Association 7%

2.01 234.1 Mil
Securitized

United States Treasury Notes 3.875%

1.88 218.7 Mil
Government

United States Treasury Notes 2.5%

1.74 203.1 Mil
Government

United States Treasury Notes 4.375%

1.70 197.9 Mil
Government