American Funds ST Bd Fd of Amer R6 (RMMGX)
| Fund Assets | 11.98B |
| Expense Ratio | 0.29% |
| Min. Investment | $250 |
| Turnover | 93.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.98% |
| Dividend Growth | 2.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 9.63 |
| YTD Return | 1.77% |
| 1-Year Return | 2.73% |
| 5-Year Return | 5.95% |
| 52-Week Low | 9.51 |
| 52-Week High | 9.65 |
| Beta (5Y) | n/a |
| Holdings | 1427 |
| Inception Date | May 7, 2009 |
About RMMGX
American Funds Short-Term Bond Fund of America, Class R-6 is an actively managed mutual fund focused on high-quality, short-duration fixed income. Its primary objective is to provide current income with limited interest rate sensitivity by emphasizing U.S. dollar–denominated bonds and maintaining a conservative maturity profile. The portfolio is broadly diversified across U.S. Treasuries, agency mortgage‑backed securities, and asset‑backed obligations, with a modest allocation to investment‑grade corporates and minimal exposure to non‑U.S. bonds and equities. The fund pays dividends monthly and targets capital preservation through rigorous credit research and liquidity management. It features a low effective duration relative to core bond strategies, aiming to dampen volatility while offering a yield premium over money market funds. Managed by Capital Group’s fixed‑income team, the strategy has hundreds of issuers and a sizable asset base, reflecting its role as a core short‑term bond allocation for retirement plans and institutions seeking stability, predictable income, and diversified exposure within the front end of the yield curve.
Performance
RMMGX had a total return of 2.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.42%.
Top 10 Holdings
30.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Capital Group Central Cash Fund | n/a | 9.09% |
| United States Treasury Notes 3.75% | T.3.75 06.30.27 | 3.76% |
| United States Treasury Notes 4% | T.4 01.15.27 | 3.62% |
| United States Treasury Notes 3.875% | T.3.875 06.15.28 | 2.84% |
| United States Treasury Notes 4.125% | T.4.125 09.30.27 | 2.55% |
| United States Treasury Notes 3.875% | T.3.875 05.31.27 | 1.98% |
| United States Treasury Notes 4.625% | T.4.625 06.30.26 | 1.84% |
| United States Treasury Notes 5% | T.5 08.31.25 | 1.77% |
| United States Treasury Notes 4% | T.4 01.31.29 | 1.53% |
| Federal National Mortgage Association 6.5% | FNCL.6.5 8.11 | 1.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03445 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03494 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0343 | Jul 1, 2025 |
| May 30, 2025 | $0.03512 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03439 | May 1, 2025 |
| Mar 31, 2025 | $0.03589 | Apr 1, 2025 |