American Funds ST Bd Fd of Amer R-5E (RAAGX)

Fund Assets	13.00B
Expense Ratio	0.44%
Min. Investment	$250
Turnover	154.00%
Dividend (ttm)	0.38
Dividend Yield	3.97%
Dividend Growth	-6.76%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	9.48
YTD Return	0.79%
1-Year Return	2.50%
5-Year Return	9.77%
52-Week Low	9.46
52-Week High	9.66
Beta (5Y)	-0.01
Holdings	1411
Inception Date	Nov 20, 2015

About RAAGX

American Funds Short-Term Bond Fund of America R-5E is an actively managed mutual fund focused on generating current income while emphasizing capital preservation. The strategy invests primarily in high-quality, short-duration fixed income, including U.S. Treasury and agency securities, asset‑backed and mortgage‑backed obligations, and investment‑grade corporate bonds, with a stated preference for AA‑ or higher ratings and limited exposure to A‑rated issues at purchase. The portfolio’s short-term orientation and quality bias target lower volatility than intermediate- and long-duration bond funds, aiming to provide a step up in income relative to money market instruments. Recent portfolio snapshots show meaningful allocations to U.S. Treasury notes alongside securitized credit such as asset‑backed and mortgage‑backed securities, reflecting a diversified approach within high-quality sectors. The fund distributes income monthly and is overseen by Capital Research and Management Company, leveraging a multimanager process and research-driven risk controls. Its role in the market is to serve as a conservative core fixed-income holding for investors seeking stability, liquidity, and dependable income within a short-term bond category framework.

• Fund Family: Capital Group
• Category: Short-Term Bond
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: RAAGX
• Share Class: Class R-5e
• Index: Bloomberg US Govt/Credit 1-3 Y Ex BBB TR

Performance

RAAGX had a total return of 2.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.80%.

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
Jul 31, 2026	$0.03175	Aug 3, 2026
Jun 30, 2026	$0.03122	Jul 1, 2026
May 29, 2026	$0.03153	Jun 1, 2026
Apr 30, 2026	$0.0305	May 1, 2026
Mar 31, 2026	$0.03122	Apr 1, 2026
Feb 27, 2026	$0.02852	Mar 2, 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:

Aug 26, 2026

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