Performance
Trailing returns
| 1 day |
| -0.10% | |||
| 1 week |
| -0.10% | |||
| 4 week |
| -0.30% | |||
| 3 month |
| -0.19% | |||
| YTD |
| -0.39% | |||
| 1 year |
| -0.47% | |||
| 3 years* | +0.02% |
| |||
| 5 years* | +0.71% |
| |||
| *annualized | |||||
| Best 3 month return | +1.79% | |
| Worst 3 month return | -1.40% |
Morningstar statistics
Morningstar category: Short-Term Bond
| Return | Risk | Rating | |
| 3 years | Low | Low |
 
|
| 5 years | Low | Low |
|
| 10 years | - | - | - |
| Overall | Low | Low |
|
Key statistics
| Total assets | 4.38B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 1.41% | |
| Management fee | - | |
| Fund family | American Funds |
Asset allocation
| Cash | 31.01% | |
| Stocks | 0.00% | |
| Bonds | 62.76% | |
| Other | 6.24% |
Purchase information
| Initial | US$0 |
10.030.00(0.00%)
May 24, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks current income, consistent with the maturity and quality standards described in the prospectus, and preservation of capital. The fund will invest at least 80% of its assets in bonds (bonds include any debt instrument and cash equivalents). It maintains a portfolio having a dollar-weighted average maturity no greater than three years and consisting primarily of debt securities rated AA- or Aa3 or better. The fund primarily invests in short-term debt securities denominated in U.S. dollars. It may invest up to 10% of its assets in debt securities in the A rating category.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
David Hoag (Started: Oct 2, 2006)
John Queen (Started: Jul 1, 2011)
David Hoag (Started: Oct 2, 2006)
John Queen (Started: Jul 1, 2011)
American Funds, 4 Embarcadero Center P.O. Box 7650, San Francisco, CA 94120, USA
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -0.99 | -1.02 | -0.96 | - | |
| Beta* | 0.18 | 0.22 | 0.27 | - | |
| Mean annual return | -0.02 | 0.02 | 0.06 | - | |
| R-squared* | 79.75 | 66.55 | 71.15 | - | |
| Standard deviation | 0.39 | 0.65 | 1.12 | - | |
| Sharpe ratio | -0.89 | 0.22 | 0.44 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Fed Natl Mort Assc 3.5% | 1.92% | |
| FNMA 6% | 1.35% | |
| US Treasury Note 1% | 1.34% | |
| FNMA 1.375% | 1.12% | |
| FNMA 1.25% | 1.12% | |
| FNMA 0.75% | 1.10% | |
| FNMA 0.5% | 1.10% | |
| FHLMC 2.5% | 1.05% | |
| FNMA 3% | 1.04% | |
| FHLMC 0.5% | 1.02% |