American Funds ST Bd Fd of Amer 529-F-2 (FTSBX)
| Fund Assets | 12.10B |
| Expense Ratio | 0.39% |
| Min. Investment | $250 |
| Turnover | 93.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 4.23% |
| Dividend Growth | 3.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.64 |
| YTD Return | 1.85% |
| 1-Year Return | 2.57% |
| 5-Year Return | n/a |
| 52-Week Low | 9.51 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 1427 |
| Inception Date | Oct 30, 2020 |
About FTSBX
Short-Term Bond Fund of America 529-F-2 is an open-end mutual fund designed within the American Funds 529 college savings lineup to emphasize current income and capital preservation through a diversified portfolio of short-duration, high-quality fixed income securities. The strategy primarily invests in U.S. government and agency bonds, investment-grade corporates, and securitized assets such as asset-backed and mortgage-backed obligations, maintaining an effective duration around the short end to limit interest-rate sensitivity. The fund distributes income monthly and typically targets lower volatility versus core bond markets, reflected in its relatively low long-term beta and downside capture metrics reported by the sponsor. It plays a role as a conservative fixed-income sleeve in education-focused asset allocations, aiming to dampen overall portfolio risk while providing steady income and liquidity. As of recent disclosures, the portfolio is broadly diversified across hundreds of issuers, with meaningful exposure to Treasuries and securitized credit, and operates with an expense structure specific to the 529-F-2 share class.
Performance
FTSBX had a total return of 2.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.12%.
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 | $0.03363 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0342 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0335 | Jul 1, 2025 |
| May 30, 2025 | $0.0343 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03369 | May 1, 2025 |
| Mar 31, 2025 | $0.03509 | Apr 1, 2025 |