About RGVBX
American Funds U.S. Government Securities Fund® Class R-2 is a mutual fund focused on providing a high level of current income while preserving capital. Managed by Capital Research and Management Company, the fund primarily invests at least 80% of its assets in securities either guaranteed or sponsored by the U.S. government, including U.S. Treasury bonds, notes, and securities issued by government agencies or instrumentalities. A portion may also be allocated to highly rated mortgage- and asset-backed securities, enhancing yield potential while maintaining a strong credit profile.
Designed for investors seeking income with minimal credit risk, this fund holds virtually all of its assets in domestic bonds, with an investment mix that can include up to 20% in top-rated mortgage securities. The portfolio maintains an effective duration of roughly 6.4 to 6.6 years and pays monthly dividends, making it suitable for income-focused strategies. As of mid-2025, the fund manages assets exceeding $22 billion and is positioned within the intermediate government bond category, where it serves as a vehicle for risk-aware investors to access stable income and capital protection backed by U.S. government support.
Fund Family Capital Group
Category Intermediate Government
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RGVBX
Share Class Class R-2
Index Bloomberg U.S. Government Mortgage TR
RGVBX had a total return of 2.68% in the past year, including dividends.
Since the fund's inception, the average annual return has been 1.70%.
