American Funds ST Bd Fd of Amer 529A (CAAFX)
| Fund Assets | 12.12B |
| Expense Ratio | 0.67% |
| Min. Investment | $250 |
| Turnover | 93.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.87% |
| Dividend Growth | 3.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.64 |
| YTD Return | 1.81% |
| 1-Year Return | 2.12% |
| 5-Year Return | 4.75% |
| 52-Week Low | 9.51 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 1427 |
| Inception Date | Nov 3, 2006 |
About CAAFX
Short-Term Bond Fund of America, 529-A is a mutual fund designed to deliver current income while emphasizing capital preservation through a high-quality, short-duration fixed income portfolio. The fund invests primarily in U.S. government securities, asset-backed and mortgage-backed obligations, and investment-grade corporate bonds, maintaining an effective duration of about two years to limit interest rate sensitivity. Its portfolio is predominantly U.S. bonds with a smaller allocation to non-U.S. issues and cash, and it distributes income on a monthly basis. Notable portfolio components include substantial exposure to U.S. Treasury notes, asset-backed securities, and agency mortgage-backed securities, reflecting a conservative credit profile aligned with its short-term mandate. The strategy is actively managed, with a relatively high turnover rate, and targets high-quality debt consistent with prospectus-based maturity and credit standards. With a long operating history since 2006 and sizable assets under management, the fund plays a role as a core short-duration holding for investors seeking stability and steady income within 529 plan structures.
Performance
CAAFX had a total return of 2.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.46%.
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 |
|---|---|---|
| Aug 29, 2025 | $0.03153 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03212 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03134 | Jul 1, 2025 |
| May 30, 2025 | $0.03206 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03159 | May 1, 2025 |
| Mar 31, 2025 | $0.03287 | Apr 1, 2025 |