American Funds Short-Term Bond Fund of America Class F-1 (ASBFX)

Fund Assets	13.00B
Expense Ratio	0.67%
Min. Investment	$250
Turnover	154.00%
Dividend (ttm)	0.36
Dividend Yield	3.74%
Dividend Growth	-7.23%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.49
YTD Return	0.66%
1-Year Return	2.36%
5-Year Return	8.96%
52-Week Low	9.46
52-Week High	9.65
Beta (5Y)	-0.01
Holdings	1411
Inception Date	Nov 1, 2006

About ASBFX

American Funds Short-Term Bond Fund of America Class F-1 is an actively managed open-end mutual fund focused on generating current income with an emphasis on capital preservation. The portfolio invests primarily in high-quality, U.S. dollar–denominated fixed-income securities, including corporate and government bonds, mortgage- and asset-backed securities, and cash equivalents. The strategy maintains a short dollar‑weighted average effective maturity, generally no greater than three years, and centers on securities rated AA-/Aa3 or better, with a limited allocation—up to 10%—to the A rating tier to enhance income potential within strict risk controls. The fund pays monthly distributions and targets lower interest-rate sensitivity than intermediate- and long-duration bond strategies, reflected in its short effective duration profile. Managed by Capital Research and Management Company, it aims to provide a higher income stream than typical money market instruments while seeking reduced volatility relative to longer-term bond funds. Within the short-term bond category, it serves as a core conservative fixed-income holding that can help balance equity-heavy allocations and provide liquidity-aware income across market cycles.

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

Performance

ASBFX had a total return of 2.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.58%.

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	$0.02985	Aug 3, 2026
Jun 30, 2026	$0.02967	Jul 1, 2026
May 29, 2026	$0.02951	Jun 1, 2026
Apr 30, 2026	$0.02894	May 1, 2026
Mar 31, 2026	$0.02946	Apr 1, 2026
Feb 27, 2026	$0.02685	Mar 2, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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