American Funds Short-Term Bond Fund of America Class C (ASBCX)

Fund Assets	13.00B
Expense Ratio	1.38%
Min. Investment	$250
Turnover	154.00%
Dividend (ttm)	0.28
Dividend Yield	3.03%
Dividend Growth	-8.67%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.32
YTD Return	0.33%
1-Year Return	1.62%
5-Year Return	5.46%
52-Week Low	9.29
52-Week High	9.49
Beta (5Y)	-0.01
Holdings	1411
Inception Date	Nov 6, 2006

About ASBCX

Short-Term Bond Fund of America Class C is an actively managed mutual fund focused on generating current income while preserving capital. It primarily invests in high-quality, investment-grade U.S. fixed income, including U.S. Treasury and agency securities, high-quality corporate bonds, and securitized assets such as asset-backed and mortgage-backed obligations. The portfolio emphasizes shorter interest-rate exposure, with an effective duration around two years, aligning with the short-term bond category’s lower interest-rate sensitivity. The fund distributes income monthly and maintains a broad opportunity set, holding hundreds of issuers to diversify credit and sector exposures. Managed by Capital Research and Management Company, it adheres to stringent quality standards centered on AA-or-better debt at purchase, with limited allowances for A-rated securities. Within the market, Short-Term Bond Fund of America Class C aims to provide a step up in yield versus cash-like vehicles while seeking lower volatility than intermediate- and long-term bonds, serving as a core short-duration allocation or a stabilizer alongside equity-heavy portfolios.

• Fund Family: Capital Group
• Category: Short-Term Bond
• Performance Rating: Low
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: ASBCX
• Share Class: Class C
• Index: Bloomberg US Govt/Credit 1-3 Y Ex BBB TR

Performance

ASBCX had a total return of 1.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.87%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FSBTX	Class F-3	0.29%
RMMGX	Class R-6	0.29%
RAMFX	Class R-5	0.34%
FFTSX	Class 529-f-3	0.34%

Top 10 Holdings

41.16% of assets

Name	Symbol	Weight
United States Treasury Notes 4.125%	T.4.125 06.30.28	11.08%
Capital Group Central Cash Fund	n/a	11.06%
United States Treasury Notes 4.125%	T.4.125 06.15.29	5.77%
United States Treasury Notes 3.5%	T.3.5 09.30.27	4.78%
United States Treasury Notes 4%	T.4 01.15.27	2.50%
United States Treasury Notes 4%	T.4 12.15.27	1.86%
United States Treasury Notes 4%	T.4 01.31.29	1.40%
United States Treasury Notes 4%	T.4 06.30.28	0.92%
United States Treasury Notes 3.5%	T.3.5 10.15.28	0.90%
United States Treasury Notes 3.5%	T.3.5 11.30.30	0.90%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02379	Aug 3, 2026
Jun 30, 2026	$0.02378	Jul 1, 2026
May 29, 2026	$0.02341	Jun 1, 2026
Apr 30, 2026	$0.02288	May 1, 2026
Mar 31, 2026	$0.02322	Apr 1, 2026
Feb 27, 2026	$0.02131	Mar 2, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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