American Funds Short-Term Bond Fund of America® Class 529-E (CEAMX)
| Fund Assets | 12.68B |
| Expense Ratio | 0.89% |
| Min. Investment | $250 |
| Turnover | 154.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.63% |
| Dividend Growth | -3.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.62 |
| YTD Return | 0.38% |
| 1-Year Return | 5.14% |
| 5-Year Return | 7.98% |
| 52-Week Low | 9.17 |
| 52-Week High | 9.63 |
| Beta (5Y) | n/a |
| Holdings | 1417 |
| Inception Date | Dec 1, 2006 |
About CEAMX
American Funds Short-Term Bond Fund of America 529-E is a U.S. taxable bond mutual fund designed to deliver current income with low interest rate sensitivity for 529 plan investors. The strategy maintains a dollar‑weighted average effective maturity of no greater than three years and invests primarily in high-quality debt, typically rated AA/Aa3 or better, including U.S. Treasury and agency securities, asset‑backed and mortgage‑backed obligations, with a smaller allocation to high‑grade corporates and select non‑U.S. government issues. The fund distributes income monthly and targets a yield profile above money market funds while emphasizing capital preservation through short duration and broad sector diversification. Managed by Capital Group, it uses a benchmark tied to the 1–3 year U.S. government/credit universe excluding BBB, reflecting its quality bias and short‑term focus. The portfolio’s composition and conservative risk posture position it as a core short‑term fixed income holding within education savings programs, offering liquidity, high credit quality, and a disciplined approach to managing duration and spread risk across securitized and government-backed markets.
Performance
CEAMX had a total return of 5.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.96%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02689 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02826 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02751 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02915 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02895 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02953 | Sep 2, 2025 |