American Funds Short-Term Bond Fund of America® Class R-5 (RAMFX)
| Fund Assets | 12.74B |
| Expense Ratio | 0.34% |
| Min. Investment | $250 |
| Turnover | 154.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.13% |
| Dividend Growth | -5.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.57 |
| YTD Return | 0.34% |
| 1-Year Return | 3.86% |
| 5-Year Return | 10.00% |
| 52-Week Low | 9.52 |
| 52-Week High | 9.66 |
| Beta (5Y) | n/a |
| Holdings | 1434 |
| 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 3.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.66%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03201 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02923 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03142 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03272 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03186 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03359 | Nov 3, 2025 |