American Funds Short-Term Bond Fund of America® Class 529-F-2 (FTSBX)
| Fund Assets | 12.97B |
| Expense Ratio | 0.39% |
| Min. Investment | $250 |
| Turnover | 154.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.06% |
| Dividend Growth | -6.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 29, 2026 |
| Previous Close | 9.51 |
| YTD Return | 0.25% |
| 1-Year Return | 3.33% |
| 5-Year Return | 9.25% |
| 52-Week Low | 9.50 |
| 52-Week High | 9.66 |
| Beta (5Y) | n/a |
| Holdings | 1434 |
| 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 3.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.61%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 29, 2026 | $0.03183 | Jun 1, 2026 |
| Apr 30, 2026 | $0.03101 | May 1, 2026 |
| Mar 31, 2026 | $0.03166 | Apr 1, 2026 |
| Feb 27, 2026 | $0.029 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03099 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03235 | Jan 2, 2026 |