American Funds ST Bd Fd of Amer A (ASBAX)
| Fund Assets | 11.98B |
| Expense Ratio | 0.68% |
| Min. Investment | $250 |
| Turnover | 93.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.53% |
| Dividend Growth | 4.82% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.63 |
| YTD Return | 1.70% |
| 1-Year Return | 2.53% |
| 5-Year Return | 4.56% |
| 52-Week Low | 9.51 |
| 52-Week High | 9.65 |
| Beta (5Y) | 0.05 |
| Holdings | 1427 |
| Inception Date | Oct 2, 2006 |
About ASBAX
American Funds Short-Term Bond Fund of America Class A is an actively managed open-end mutual fund focused on generating current income with an emphasis on capital preservation. The portfolio concentrates on high-quality, U.S. dollar–denominated fixed income, primarily U.S. Treasury and agency securities, investment-grade corporates, and securitized credit such as asset-backed and mortgage-backed obligations, while maintaining a short effective duration around two years to limit interest-rate sensitivity. The fund targets a dollar‑weighted average effective maturity of no more than three years and invests predominantly in bonds rated AA/Aa3 or higher, with limited allowance—up to 10%—for A-rated exposures, avoiding lower investment-grade and high-yield tiers. Managed by Capital Research and Management Company, it seeks stability and liquidity, reflected in its monthly income distributions and conservative credit profile. Within the short-term bond category, it plays a role as a core defensive ballast, aiming for higher income than money market vehicles with lower volatility than intermediate- and long-term bond strategies.
Performance
ASBAX had a total return of 2.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.52%.
Top 10 Holdings
30.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 9.09% |
| United States Treasury Notes 3.75% | T.3.75 06.30.27 | 3.76% |
| United States Treasury Notes 4% | T.4 01.15.27 | 3.62% |
| United States Treasury Notes 3.875% | T.3.875 06.15.28 | 2.84% |
| United States Treasury Notes 4.125% | T.4.125 09.30.27 | 2.55% |
| United States Treasury Notes 3.875% | T.3.875 05.31.27 | 1.98% |
| United States Treasury Notes 4.625% | T.4.625 06.30.26 | 1.84% |
| United States Treasury Notes 5% | T.5 08.31.25 | 1.77% |
| United States Treasury Notes 4% | T.4 01.31.29 | 1.53% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 8.11 | 1.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03186 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03121 | Jul 1, 2025 |
| May 30, 2025 | $0.03193 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03147 | May 1, 2025 |
| Mar 31, 2025 | $0.03271 | Apr 1, 2025 |
| Feb 28, 2025 | $0.02983 | Mar 3, 2025 |