American Funds U.S. Government Securities Fund® Class 529-E (CGTEX)
| Fund Assets | 23.09B |
| Expense Ratio | 0.88% |
| Min. Investment | $250 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 3.88% |
| Dividend Growth | 1.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 11.97 |
| YTD Return | 2.25% |
| 1-Year Return | 2.25% |
| 5-Year Return | -8.71% |
| 52-Week Low | 11.58 |
| 52-Week High | 12.38 |
| Beta (5Y) | n/a |
| Holdings | 1359 |
| Inception Date | Mar 7, 2002 |
About CGTEX
American Funds U.S. Government Securities Fund 529-E is an open-end mutual fund specializing in fixed-income investments. Its principal objective is to achieve a high level of current income while prioritizing prudent investment risk and the preservation of capital. The fund primarily invests in debt securities backed by the U.S. government, with a significant allocation to U.S. Treasury bonds, notes, and mortgage-backed obligations issued by government agencies. This focus on government-backed debt enhances credit quality and seeks to provide stability for investors. The fund maintains an intermediate duration profile, reflecting a sensitivity to interest rate fluctuations while aiming to deliver consistent income through monthly dividend distributions. Markets consider this fund a core option for those seeking exposure to high-quality, U.S. government-backed bonds, and it plays an important role in portfolios that emphasize income generation and capital preservation. Its investment strategy excludes nonagency bonds and financial leverage, further underscoring its conservative positioning within the taxable bond fund sector.
Performance
CGTEX had a total return of 2.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.29%.
Top 10 Holdings
30.67% of assets| Name | Symbol | Weight |
|---|---|---|
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 12.29% |
| UNIFORM MBS - FNCL 6.5 UMBS TBA 07-01-55 | n/a | 3.19% |
| UNITED STATES TREASURY NOTE 4.25% 02-15-28 | T.4.25 02.15.28 | 2.72% |
| UNITED STATES TREASURY NOTE 4.375% 07-31-26 | T.4.375 07.31.26 | 2.66% |
| UNITED STATES TREASURY INFLATION INDEXED BONDS I/L 1.625% 10-15-29 | n/a | 2.03% |
| UNITED STATES TREASURY BILL 0.0% 06-17-25 | B.0 06.17.25 | 1.78% |
| UNITED STATES TREASURY BILL 0.0% 11-20-25 | B.0 11.20.25 | 1.75% |
| UNITED STATES TREASURY BILL 0.0% 06-24-25 | B.0 06.24.25 | 1.56% |
| UNIFORM MBS - FNCL 6.0 UMBS TBA 07-01-55 | FNCL.6 7.11 | 1.36% |
| UNITED STATES TREASURY NOTE 4.375% 12-31-29 | T.4.375 12.31.29 | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.03841 | Jul 1, 2025 |
| May 30, 2025 | $0.03837 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03928 | May 1, 2025 |
| Mar 31, 2025 | $0.04048 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03664 | Mar 3, 2025 |
| Jan 31, 2025 | $0.03769 | Feb 3, 2025 |