American Funds Short-Term Bond Fund of America® Class R-5 (RAMFX)
| Fund Assets | 13.01B |
| Expense Ratio | 0.34% |
| Min. Investment | $250 |
| Turnover | 154.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.09% |
| Dividend Growth | -6.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.48 |
| YTD Return | 0.39% |
| 1-Year Return | 3.03% |
| 5-Year Return | 10.00% |
| 52-Week Low | 9.46 |
| 52-Week High | 9.66 |
| Beta (5Y) | -0.01 |
| Holdings | 1411 |
| Inception Date | Jan 4, 2007 |
About RAMFX
American Funds Short-Term Bond Fund of America R5 is an actively managed mutual fund focused on providing current income with an emphasis on capital preservation. It primarily invests in high-quality, short-maturity fixed-income securities, including U.S. Treasury and agency bonds, asset-backed and mortgage-backed securities, and investment-grade corporate debt, maintaining an effective duration of roughly two years to limit interest-rate sensitivity. The portfolio skews toward AA/Aa3 or better credit quality and avoids lower-rated bonds, resulting in a muted credit-risk profile relative to many short-term peers. The fund distributes income monthly and targets liquidity and stability through diversified exposure across hundreds of issuers. It uses the Bloomberg U.S. Government/Credit 1–3 Year ex BBB Index as a benchmark reference and is managed by Capital Group’s multi-manager team, applying fundamental research and risk controls. With a long track record dating to 2006 and sizable assets, it serves as a conservative fixed-income core or a cash-plus holding for investors seeking steady income with lower volatility than intermediate- and long-duration bond strategies.
Performance
RAMFX had a total return of 3.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.64%.
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 |
|---|---|---|
| Jun 30, 2026 | $0.03197 | Jul 1, 2026 |
| May 29, 2026 | $0.03211 | Jun 1, 2026 |
| Apr 30, 2026 | $0.03124 | May 1, 2026 |
| Mar 31, 2026 | $0.03201 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02923 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03142 | Feb 2, 2026 |