American Funds ST Bd Fd of Amer 529-F-2 (FTSBX)

Fund Assets	12.91B
Expense Ratio	0.407%
Min. Investment	$250
Turnover	154.00%
Dividend (ttm)	0.38
Dividend Yield	4.03%
Dividend Growth	-7.07%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.37
YTD Return	0.21%
1-Year Return	1.12%
5-Year Return	9.39%
52-Week Low	9.35
52-Week High	9.65
Beta (5Y)	n/a
Holdings	1411
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.

• Fund Family: Capital Group
• Category: Short-Term Bond
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FTSBX
• Share Class: Class 529-f-2
• Index: Bloomberg US Govt/Credit 1-3 Y Ex BBB TR

Performance

FTSBX had a total return of 1.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.51%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FSBTX	Class F-3	0.29%
RMMGX	Class R-6	0.29%
RAMFX	Class R-5	0.34%
FFTSX	Class 529-f-3	0.34%

Top 10 Holdings

41.16% of assets

Name	Symbol	Weight
United States Treasury Notes 4.125%	T.4.125 06.30.28	11.08%
Capital Group Central Cash Fund	n/a	11.06%
United States Treasury Notes 4.125%	T.4.125 06.15.29	5.77%
United States Treasury Notes 3.5%	T.3.5 09.30.27	4.78%
United States Treasury Notes 4%	T.4 01.15.27	2.50%
United States Treasury Notes 4%	T.4 12.15.27	1.86%
United States Treasury Notes 4%	T.4 01.31.29	1.40%
United States Treasury Notes 4%	T.4 06.30.28	0.92%
United States Treasury Notes 3.5%	T.3.5 10.15.28	0.90%
United States Treasury Notes 3.5%	T.3.5 11.30.30	0.90%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03134	Oct 1, 2026
Aug 31, 2026	$0.03112	Sep 1, 2026
Jul 31, 2026	$0.03222	Aug 3, 2026
Jun 30, 2026	$0.03167	Jul 1, 2026
May 29, 2026	$0.03183	Jun 1, 2026
Apr 30, 2026	$0.03101	May 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

Data Sources Report a data error