American Funds Short-Term Bond Fund of America Class F-1 (ASBFX)
| Fund Assets | 12.97B |
| Expense Ratio | 0.67% |
| Min. Investment | $250 |
| Turnover | 154.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.75% |
| Dividend Growth | -6.96% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.51 |
| YTD Return | 0.34% |
| 1-Year Return | 2.71% |
| 5-Year Return | 8.54% |
| 52-Week Low | 9.48 |
| 52-Week High | 9.65 |
| Beta (5Y) | -0.01 |
| Holdings | 1434 |
| 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.
Performance
ASBFX had a total return of 2.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.58%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jan 30, 2026 | $0.02829 | Feb 2, 2026 |